STOCK TITAN

Employers Holdings, Inc. Announces Board Chair Transition

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Employers Holdings, Inc. announces the resignation of Board Chair Michael J. McSally and the appointment of Jeanne L. Mockard as the new Board Chair effective March 20, 2024. Ms. Mockard, a seasoned finance professional, will lead the company with the support of the existing management team.
Positive
  • None.
Negative
  • None.

HENDERSON, Nev., March 14, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc., (NYSE: EIG) today announced that the chair of its Board of Directors, Michael J. McSally, will be stepping down as Board Chair. The Board of Directors has unanimously elected board member Jeanne L. Mockard as the incoming Board Chair, effective March 20, 2024.

Mr. McSally, who has served on the Board since 2013, and as Board Chair since 2020, will remain on the Board and will continue to serve as a member of the Human Capital Management and Compensation Committee. “I have enjoyed leading the Board and look forward to continuing to serve as a board member of this amazing organization. These are exciting times, and I believe we’ll continue to thrive, led by our incoming Board Chair, Jeanne Mockard, and our outstanding Chief Executive Officer, Katherine Antonello.”

“I am honored to serve in this important role and know that I have big shoes to fill,” said Mockard. “Mike has been an excellent Board Chair and on behalf of the Board, I thank him for his leadership. I look forward to continuing to work with Mike, my board colleagues, Kathy, and our management team as we continue to lead this dynamic organization.” Ms. Mockard joined the Board in 2018 and currently serves as the Chair of the Finance Committee and a member of the Audit Committee. Since 2009, Ms. Mockard has been the Principle at JLM Capital and Consulting, performing services as a consultant to financial and technology companies and as an investor in startup businesses. Prior to JLM Capital, she was a Managing Director and Portfolio Manager with Putnam Investments for over 20 years. Ms. Mockard is a chartered financial analyst and currently serves as a Director, member of the Audit Committee and chair of the Finance Committee of Nuclear Electric Insurance Limited, as a Director of Silent Spring Institute, as a member of the Endowment Committee for The Bryn Mawr School, and as the Chair of the Investment Committee and Treasurer of the Lutheran Deaconess Association.

© 2024 EMPLOYERS. All rights reserved.

EMPLOYERS® and America’s small business insurance specialist® are registered trademarks of EIG Services, Inc. Employers Holdings, Inc. is a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on small and select businesses engaged in low-to-medium hazard industries. The Company operates throughout the United States, with the exception of four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company. Not all companies do business in all jurisdictions. See www.employers.com and www.cerity.com for coverage availability.

Contact:

Michael S. Paquette (775) 327-2562 or mpaquette@employers.com


Michael J. McSally is stepping down as the Board Chair of Employers Holdings, Inc.

Jeanne L. Mockard has been elected as the new Board Chair of Employers Holdings, Inc.

Jeanne L. Mockard will assume the role of Board Chair at Employers Holdings, Inc. on March 20, 2024.

Jeanne L. Mockard is a chartered financial analyst with experience in finance and technology companies, having served as a Managing Director and Portfolio Manager with Putnam Investments for over 20 years.

EMPLOYERS® and America’s small business insurance specialist® are registered trademarks of EIG Services, Inc.
Employers Holdings, Inc.

NYSE:EIG

EIG Rankings

EIG Latest News

EIG Stock Data

1.09B
24.84M
1.54%
82.8%
1.44%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
HENDERSON

About EIG

employers® focuses on workers’ compensation insurance and services for america’s small businesses. with operations from coast to coast, our goal is to understand and then meet the needs of independent, entrepreneurial companies. with roots stretching back to 1913, employers has the experience, financial stability, knowledge and resources to provide the coverage and specialized services that america’s small businesses need. employers® and america's small business insurance specialist® are registered trademarks of employers insurance company of nevada. insurance is offered through employers compensation insurance company, employers insurance company of nevada, employers preferred insurance company, and employers assurance company. not all insurers do business in all jurisdictions.