[tps_title]Johnny Johns, Chairman, President and CEO, Protective Life Corporation[/tps_title]
There has been a lot of turnover at the top tier of the Birmingham business community over the last decade, but Johns has been a constant presence since taking over the CEO post at Protective Life in 2002.
Most recently he deftly guided the company through its acquisition by Dai-ichi Life Insurance Company, Japan’s second largest private insurer, resulting in a huge financial win for Protective shareholders. Each share of Protective common stock was converted into the right to receive $70.00 cash, representing a total transaction value of approximately $5.7 billion.
He serves on numerous prominent Boards, including Regions Financial and Southern Company, and perhaps most notably, the University of Alabama. He’s often the public voice of the UA Board in interviews with both local and national publications.
Johns is a past chairman of the Business Council of Alabama and the Birmingham Business Alliance, making him a major player in the state’s economic development efforts. And along with several other members of Yellowhammer’s Power & Influence 50, he was instrumental in flipping Alabama’s courts away from their reputation as “tort hell.”
He engages in the political process in Alabama both directly and through a powerhouse team of lobbyists. Every ambitious politician aspires to enter his orbit. And if they manage to catch his attention, they’ll find him to be one of the most humble individuals to rise to the highest levels of the business world.
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