Torchmark Corporation, a McKinney-based holding company specializing in life and supplemental health insurance, has announced changes to its executive team, according to a report in Collin County Business Press.

The Press reports that as of June 1, Chairman and CEO Mark S. McAndrew will step down as CEO but continue to serve as chairman of the board of directors.

"The Torchmark Board of Directors has unanimously appointed Gary L. Coleman, currently Torchmark's executive vice president and chief financial officer, and Larry M. Hutchison, currently Torchmark's executive vice president and general counsel, as co-chief executive officers, effective June 1," according to the Press report.

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