The Standard Promotes David Payne to Vice President Short Term Disability, Absence Management and Contact Center Operations

PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (“The Standard”), a subsidiary of StanCorp Financial Group, Inc., has promoted David Payne to vice president of Short Term Disability, Absence Management and Contact Center Operations.

“David brings considerable operational expertise and a penchant for doing things differently. We are very pleased to announce this promotion”

Payne will continue to lead Contact Center operations and assumes responsibility for Absence Management and Short Term Disability product lines.

“David brings considerable operational expertise and a penchant for doing things differently. We are very pleased to announce this promotion,” said Dan McMillan, vice president of Insurance Services Group at The Standard.

Payne joined The Standard in 2009 as assistant vice president of Contact Center Operations. Prior to joining The Standard, Payne held professional roles at the Limited Brands Companies and GE Financial Assurance.

Payne earned a Bachelor of Arts degree in management and finance from Lynchburg College. He received a Master of Business Administration from Averett University.

Payne is active in a variety of volunteer and charitable organizations and has served on the Board of Trustees for Ronald McDonald House Charities Oregon and Southwest Washington for three years. He is originally from Hurt, Virginia, and relocated to Portland, Oregon, when he joined The Standard.

About The Standard

The Standard is a leading provider of financial products and services, including group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and vision insurance, absence management services, retirement plans products and services, individual annuities and investment advice. For more information about The Standard, visit www.standard.com.

The Standard is the marketing name for StanCorp Financial Group, Inc. and its subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, Inc., StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, and StanCorp Equities, Inc.