Reorganization Design Objectives

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Reorganization Design Objectives

• Consolidating non-LTC Back Office to Carmel,
  Indiana under a single leader (Steve Stecher)
• Agent licensing and commission administration
  remain part of distribution organizations
• Long-term care operations combined under a single
  leader (John Wells)
• Finance and IT further clarified as enterprise
  functions
• Expected savings of 25MM annually, commencing in
  2008
• 2007 savings expected to offset reorganization
  costs

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Old Conseco Organization Structure
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New Conseco Organization Structure