UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported): September 25, 2006
UTG, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-16867 20-2907892
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer Identification No.)
incorporation or organization)
5250 South Sixth Street
Springfield, Illinois 62703
(Address of principal executive offices and zip code)
(217) 241-6300
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2):
Written communications pursuant to Rule 425 under the Securities Act
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Section 1 -Change in Directors or Principal Officers, Financial Statements and Exhibits
Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On and effective September 20, 2006, the Board of Directors of UTG, Inc. ("UTG")
elected James P. Rousey, age 48, as President of UTG and subsidiaries. Mr.
Rousey has served as Executive Vice President, Chief Administrative Officer and
Director of UTG since September 2001. Mr. Rousey has over 20 years of senior
management experience in the financial services industry. In addition, Mr.
Rousey was Regional CEO and Director of First Southern National Bank from 1988
to 2001 and Board Member with the Illinois Fellowship of Christian Athletes from
2001-2005.
In connection with Mr. Rousey's election as President of UTG, Randall L.
Attkisson resigned such position on and effective September 20, 2006. Mr.
Attkisson will continue to serve as Director and Chief Operating Officer, with
new duties relating to overseeing various business issues of UTG as a whole.
Messrs. Rousey and Attkisson continue to be employed pursuant to the terms of
employment agreements with UTG effective as of June 1, 2005 and February 22,
2005, respectively.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
UTG, INC.
Date: September 25, 2006 By: /s/ Theodore C. Miller
Theodore C. Miller
Senior Vice President and Chief Financial Officer
