JESSE T. CORRELL - Corporate Board Profile

UTG INC

Filing Date	Source Excerpt
2002-05-09	Jesse T. Correll 45 Chairman and CEO of UTG and FCC since 2000; Director of UTG and FCC since 1999; ... The following table sets forth certain information regarding compensation paid to or earned by UTG's Chief Executive Officer and each of the Executive Officers of UTG whose salary plus bonus exceeded $100,000 during UTG's last fiscal year: ... Jesse T. Correll (2) 2001 56,250 - - -
2003-04-25	Jesse T. Correll 46 Chairman and CEO of UTG since 2000; ... On March 27, 2000, Mr. Jesse T. Correll assumed the position as Chairman of the Board and Chief Executive Officer of UTG and each of its affiliates. ... In March 2001, the Board of Directors approved an annual salary for Mr. Correll of $75,000, with payments to begin on April 1, 2001.
2004-05-04	Jesse T. Correll 47 Chairman and CEO of UTG since 2000; Director of UTG since 1999; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; President, Director of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Director of Thomas Nelson, Inc., a premier publisher of Bibles and Christian Books since 2001; Director of Computer Services, Inc., provider of bank technology products and services since 2001; Director of Global Focus since 2001; Young Life Dominican Republic Committee Member since 2000. Jesse Correll is the son of Ward Correll. The following table sets forth certain information regarding compensation paid to or earned by UTG's Chief Executive Officer and each of the executive officers of UTG whose salary plus bonus exceeded $100,000 during UTG's last fiscal year: Jesse T. Correll (2) 2003 75,000 - - 4,500 Chairman of the Board Chief Executive Officer
2005-05-19	Jesse T. Correll, 48 Chairman and CEO of UTG since 2000; Director of UTG since 1999; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; President, Director of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Director of Thomas Nelson, Inc., a premier publisher of Bibles and Christian books since 2001; Director of Computer Services, Inc., provider of bank technology products and services since 2001; Director of Global Focus, since 2001; Young Life Dominican Republic Committee Member since 2000. Jesse Correll is the son of Ward Correll. UTG's director compensation policy provides that directors who are employees of UTG do not receive any compensation for their services as directors except for reimbursement for reasonable travel expenses.
2006-05-24	Jesse T. Correll, 49 Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; President, Director of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Director of Thomas Nelson, Inc., a premier publisher of Bibles and Christian books from 2001-2005; Director of Computer Services, Inc., provider of bank technology products and services since 2001. Jesse Correll is the son of Ward Correll.
2007-05-29	Jesse T. Correll, 50 Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; ... Summary Compensation Table: Jesse T. Correll - Total 79,743. ... UTG's director compensation policy also provides that directors who are employees of UTG or its affiliates do not receive any compensation for their services as directors except for reimbursement for reasonable travel expenses.
2008-05-21	Jesse T. Correll, 51, Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman and CEO of Acap Corporation, American Capitol Insurance Company, and Texas Imperial Life Insurance Company since 2006; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; President, Director of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries since 2004; Friends of the Good Samaritans since 2005; Generous Giving since 2006 and the National Christian Foundation since 2006. Mr. Correll and his wife Angela have 3 children and 2 grandchildren. Jesse Correll is the son of Ward and Regina Correll. Director Compensation: 0.
2009-05-22	Jesse T. Correll, 52 Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman and CEO of Acap Corporation, American Capitol Insurance Company, and Texas Imperial Life Insurance Company since 2006; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; President, Director of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries since 2004; Friends of the Good Samaritans since 2005; Generous Giving since 2006 and the National Christian Foundation since 2006. Mr. Correll and his wife Angela have 3 children and 2 grandchildren. Jesse Correll is the son of Ward and Regina Correll. UTG's standard arrangement for the compensation of directors provides that each director shall receive an annual retainer of $2,400, plus $300 for each meeting attended and reimbursement for reasonable travel expenses. UTG's director compensation policy also provides that directors who are employees of UTG or its affiliates do not receive any compensation for their services as directors except for reimbursement for reasonable travel expenses for attending each meeting. Jesse Thomas Correll Chief Executive Officer Fees Earned or Paid in Cash: 0.
2010-05-05	Jesse T. Correll, 53 Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman and CEO of ACAP Corporation and American Capitol Insurance Company since 2006; Chairman and CEO of Texas Imperial Life Insurance Company from 2006 to 2009; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; Manager of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009 and the National Christian Foundation since 2006. Mr. Correll and his wife Angela have 3 children and 3 grandchildren. Jesse Correll is the son of Ward and Regina Correll. UTG's standard arrangement for the compensation of directors provides that each director shall receive an annual retainer of $2,400, plus $300 for each meeting attended and reimbursement for reasonable travel expenses. UTG's director compensation policy also provides that directors who are employees of UTG or its affiliates do not receive any compensation for their services as directors except for reimbursement for reasonable travel expenses for attending each meeting. Director Compensation Jesse Thomas Correll Chief Executive Officer Fees Earned or Paid in Cash: 0
2011-05-09	Jesse T. Correll, 54 Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman and CEO of ACAP Corporation and American Capitol Insurance Company since 2006; Chairman and CEO of Texas Imperial Life Insurance Company from 2006 to 2009; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; Manager of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009 and the National Christian Foundation since 2006. Mr. Correll and his wife Angela have 3 children and 4 grandchildren. Jesse Correll is the son of Ward and Regina Correll. UTG's standard arrangement for the compensation of directors provides that each director shall receive an annual retainer of $2,400, plus $300 for each meeting attended and reimbursement for reasonable travel expenses. UTG's director compensation policy also provides that directors who are employees of UTG or its affiliates do not receive any compensation for their services as directors except for reimbursement for reasonable travel expenses for attending each meeting. Jesse Thomas Correll Chief Executive Officer Fees Earned or Paid in Cash: 0
2012-05-09	Jesse T. Correll, 55 Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman, President, Director of First Southern Bancorp, Inc. since 1983; Manager of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009 and the National Christian Foundation since 2006. Mr. Correll and his wife Angela have 3 children and 4 grandchildren. Jesse Correll is the son of Ward and Regina Correll. Compensation of Directors Jesse Thomas Correll Chief Executive Officer Fees Earned or Paid in Cash: 0 Executive Compensation Jesse T. Correll Chief Executive Officer 2011 Salary: 150,000 Bonus: 50,000 All Other Comp: 6,000 Total: 206,000
2013-08-05	Jesse T. Correll, 56, Chairman and CEO of UTG ... Jesse Thomas Correll, Chief Executive Officer, Fees Earned or Paid in Cash: 0.
2014-05-07	Jesse T. Correll, 57 Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman, President, CEO of First Southern Bancorp, Inc. since 1988; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Director of Dew Learning since 2012; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009 and the National Christian Foundation since 2006. Mr. Correll and his wife Angela have 3 children and 4 grandchildren. Jesse Correll is the son of Ward and Regina Correll. UTG's Director compensation policy provides that Directors who are employees of UTG or its affiliates do not receive any compensation for their services as Directors except for reimbursement for reasonable travel expenses for attending each meeting.
2015-04-24	Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; ... Jesse Thomas Correll, Chief Executive Officer, Fees Earned or Paid in Cash: 0, Stock Awards: 0.
2016-05-05	Jesse T. Correll, 59, Chairman and CEO of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman, President, CEO of First Southern Bancorp, Inc. since 1988; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009 and the National Christian Foundation since 2006. Jesse Correll is the son of Ward and Regina Correll. Compensation of Directors: Jesse T. Correll, Chief Executive Officer, Fees Earned or Paid in Cash: $0, Stock Awards: $0, All Other Compensation: $0.
2017-05-03	Jesse T. Correll, 60 Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009; the National Christian Foundation since 2006 and Centre Board of Trustees since 2015. Our Board of Directors is led by Jesse Correll, our Chairman of the Board and Chief Executive Officer. The following table reflects compensation paid to all Directors who served in 2016. Jesse T. Correll Chief Executive Officer $0 $0 The Board of Directors determined that five of the eight current Directors are "independent" as defined by Rule 5605 of the NASDAQ listing standards. The independent Directors are Randall L. Attkisson, Joseph A. Brinck, II, Howard L. Dayton, Jr., Thomas E. Harmon and Peter L. Ochs.
2018-05-02	Jesse T. Correll, 61 Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009; the National Christian Foundation since 2006 and Centre Board of Trustees since 2015. Our Board of Directors is led by Jesse Correll, our Chairman of the Board and Chief Executive Officer. Compensation of Directors Jesse T. Correll Chief Executive Officer Fees Earned or Paid in Cash: $0 Stock Awards: $0 Total: $0
2019-04-30	Jesse T. Correll, 62, Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009; the National Christian Foundation since 2006; Centre Board of Trustees since 2015; and Cumberland Lake Shell, Inc. since 2017.
2020-05-12	Jesse T. Correll, 63; Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009; the National Christian Foundation since 2006; Centre Board of Trustees since 2015; and Cumberland Lake Shell, Inc. since 2017.
2021-05-13	Jesse T. Correll, 64 Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; ... ... Jesse T. Correll Chief Executive Officer ... $180,000 ... $100,000 ... $6,856 ... $286,856 ... Jesse T. Correll Chief Executive Officer ... $ - ... $ - ... $ - ... $ -
2022-05-13	Jesse T. Correll, 65 Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009; the National Christian Foundation since 2006; Centre Board of Trustees since 2015; and Cumberland Lake Shell, Inc. since 2017.
2023-04-25	Jesse T. Correll, 66 Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009; the National Christian Foundation since 2006; Centre Board of Trustees from 2015 to 2022; and Cumberland Lake Shell, Inc. since 2017. Compensation of Directors Name Fees Earned or Paid in Cash Stock Awards All Other Compensation Total Jesse T. Correll Chief Executive Officer - - - -
2024-05-15	Jesse T. Correll, 67 Chairman of UTG and Universal Guaranty Life Insurance Company since 2000; Director of UTG since 1999; Chairman of First Southern Bancorp, Inc. since 1988; CEO of First Southern Bancorp, Inc. from 1988-2015; Manager and President of First Southern Funding, LLC since 1992; President, Director of The River Foundation since 1990; Board member of Crown Financial Ministries from 2004 to 2009; Friends of the Good Samaritans since 2005; Generous Giving from 2006 to 2009; the National Christian Foundation since 2006; Centre Board of Trustees from 2015 to 2022; and Cumberland Lake Shell, Inc. since 2017. Compensation of Directors Jesse T. Correll, Chief Executive Officer Fees Earned or Paid in Cash: $0 Stock Awards: $0 All Other Compensation: $0 Total: $0