When it comes to the law, there are no exceptions not even to high powered Chief Executive Officers (CEO) of a major corporation. On September 8, 2010, Horace Mann's Educator CEO, Louis Lower, resigned his post for pleading guilty to a misdemeanor charge of driving under the influence. He also decided to remove himself from the Horace Mann's board.
Lower has been with Horace Mann for ten years. Apparently, according to co-workers and friends, Lower has been a big asset to the company. Even though he posted profits every single year since 2000, Horace Mann profits dropped seven percent. There could be numerous reasons for this decrease, for example, the 9-11 attacks, and the collapse of major corporations like Enron.
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