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Nick Petcoff to Become Chief Executive Officer of Conifer Holdings, Inc.

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Conifer Holdings announces Nicholas J. Petcoff as sole CEO
Positive
  • Positive transition in Conifer's leadership
  • Successful completion of September 30 debt maturity
Negative
  • None.

BIRMINGHAM, Mich., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced that Nicholas J. Petcoff will become sole Chief Executive Officer of the Company, effective December 31, 2023. Consequently, James G. Petcoff will be stepping down as Chairman and Co-CEO, but will remain with the Company as a director.

James Petcoff, stated, “I am pleased and proud to announce this positive transition in Conifer’s leadership. With the recent successful completion of our September 30, 2023 debt maturity, I believe that our company is well-positioned going forward. Over the coming months, I will remain involved to help effect an orderly and seamless transition.”

About the Company
Conifer Holdings, Inc. is a specialty insurance holding company, offering customized coverage solutions tailored to the needs of our insureds nationwide. Conifer is traded on the NASDAQ exchange under the symbol “CNFR”. Additional information is available on the Company’s website at www.CNFRH.com.


FAQ

Who is the new CEO of Conifer Holdings?

Nicholas J. Petcoff

When will Nicholas J. Petcoff become the sole CEO?

Effective December 31, 2023

What role will James G. Petcoff have after stepping down as Chairman and Co-CEO?

He will remain with the Company as a director

What is the recent accomplishment mentioned in the PR?

Successful completion of September 30, 2023 debt maturity

Will there be any disruption during the leadership transition?

James Petcoff will remain involved to help effect an orderly and seamless transition

Conifer Holdings, Inc

NASDAQ:CNFR

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About CNFR

conifer insurance company provides customized insurance products for regional industry groups underserved by large national and international insurance companies. conifer’s core expertise lies in servicing businesses operating in the hospitality industry, providing restaurants, bars and taverns with comprehensive coverages supported by knowledgeable management, underwriting and claims handling. conifer insurance company is based in michigan, and offers both admitted and excess & surplus lines capabilities which vary by state.