Patrick E. Falconio

From 1987 through his retirement in 1999, Mr. Falconio served as executive vice president and chief investment officer of Aegon USA Inc. He previously worked at Life Investors Insurance Company, Lincoln National Life Insurance Company and Prudential Insurance Company. Since 2003, he has served as a director of Financial Industries Corporation, a publicly owned Texas domiciled company that markets and underwrites individual life insurance products. Mr. Falconio holds a chartered financial analyst designation, is a graduate of Duquesne University, and has a master of business administration degree from the University of Georgia. He has been a director of Penn Treaty and PTNA since 2004.

Committees: Compensation, Investment (Chairman), Special