New Church Mutual leaders will focus on growth
MERRILL, Wis. (Jan. 14, 2016) — Church Mutual Insurance Company today announced additional succession planning of the company's senior executive financial leadership as it continues to pursue growth opportunities.
The CMIC Board of Directors approved the promotion of Kevin Root to Senior Vice President, Operations and Jeffrey Steffen to Vice President and Chief Financial Officer.
Kevin Root, CPA, joined Church Mutual in September 2012 as vice president and chief financial officer. In his new role, he will lead operations of the corporate administrative functions supporting CMIC, CM|Vantage, and in 2016, the newly-acquired SBIC and SCS companies.
Jeff Steffen, CPA, brings 22 years of business and insurance experience to the CFO position. That includes three years as Church Mutual's director of financial planning and analysis. Steffen's extensive accounting experience is supported by both bachelors and masters degrees.
"Together Kevin and Jeff make up one of the strongest financial and operational tandems in the industry," said CEO Richard V. Poirier.
Poirier recently took the helm of the property and casualty insurance company upon the approval of its board.
"We expect this leadership transition to be seamless," said Allen Leverett, non-executive board chairman. "The members of the board and senior management followed a thorough succession planning process. Rich, who joined Church Mutual in 2011 from a senior management position at Liberty Mutual Insurance Company, has extensive industry experience in addition to most recently serving as president of the company. The board is excited to have Rich and his team lead Church Mutual and carry on its tradition."
About Church Mutual Insurance Company
Church Mutual Insurance Company was founded in 1897 and offers specialized insurance for religious organizations of all denominations, including religious-related schools, camps, denominational offices and senior living facilities. Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers' compensation and commercial auto insurance.
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