Wawanesa Insurance reveals CEO succession

Wawanesa Insurance reveals CEO succession | Insurance Business Canada

Insurance News

Wawanesa Insurance reveals CEO succession

Transition to be completed before the New Year

Insurance News

By
Terry Gangcuangco

Evan Johnston (pictured left) has been named Wawanesa Mutual Insurance Company’s 10th president and chief executive. He will succeed Jeff Goy (pictured right), who is retiring after 35 years of service with Wawanesa Insurance. Goy will step down at the end of 2024 after nearly 11 years at the helm.

Johnston is currently executive vice president of strategy & related businesses at Wawanesa Insurance. He and Goy will collaborate during the rest of the year to ensure a seamless leadership transition until January 1, 2025, when the new appointment becomes effective.

Board chair Catherine Best commended Goy’s leadership during his tenure. “During his tenure as CEO, Jeff led Wawanesa through a decade of transformative growth and renewal, affirming the company’s reputation as Canada’s leading property & casualty mutual insurer while strategically positioning the company for future success,” said Best.

She also expressed the board’s gratitude for Goy’s contributions and extended best wishes for his retirement.

Reflecting on his career, the outgoing leader expressed pride in the company’s evolution. “It’s been an honour and a privilege to have worked alongside so many great people at Wawanesa in driving our company’s transformation,” Goy said. “Together, we have helped Wawanesa evolve and grow into a modern, sophisticated insurer that, as a mutual, exists solely for the benefit of its members and communities.”

He also thanked his colleagues and the board for their support throughout his time as CEO.

Johnston, who has worked closely with Goy over the past eight years, was highlighted by Best as a strong choice for the role.

“In Evan, we have a proven, highly respected Wawanesa executive… who also brings international experience as a business strategist built on an impressive legal and financial background,” she noted.

Born and raised in Manitoba, Evan is committed to building on Wawanesa’s unique culture as a mutual insurer while driving the company’s continued growth.”

“Looking ahead, Wawanesa has momentum as we build on our leadership position in a changing industry. Our focus will be on winning – and growing – in all our markets across Canada.”

What do you think about this story? Share your thoughts in the comments below.