Horace Mann, Selective Insurance announce key CFO moves
Horace Mann, Selective Insurance announce key CFO moves | Insurance Business America
Insurance News
Horace Mann, Selective Insurance announce key CFO moves
Leadership changes slated for October
Insurance News
By
Kenneth Araullo
Horace Mann Educators Corp. and Selective Insurance Group, Inc have both announced key executive appointments in their financial leadership teams, with transitions set to take place in October 2024.
Horace Mann has appointed Ryan Greenier (pictured above, left) as executive vice president and chief financial officer (CFO), effective Oct. 1, succeeding Bret Conklin. Conklin, who has been with the company since 2002 and served as CFO since April 2017, will retire but remain with the company through 2025 to assist with the transition.
Greenier, who currently serves as deputy CFO, will report to Marita Zuraitis, president and CEO of Horace Mann.
Conklin’s tenure at Horace Mann included roles as senior vice president, controller, and chief accounting officer. Before joining Horace Mann, Conklin held senior roles at Pekin Insurance and Kemper Insurance, as well as serving as a senior manager at KPMG in Chicago.
Greenier brings significant experience to his new role. Prior to becoming deputy CFO, he held various leadership positions at Horace Mann, including chief investment officer and senior vice president of finance, vice president of corporate finance, and vice president of investor relations.
Greenier, a certified public accountant, previously worked at The Hartford and began his career at Deloitte and Touche.
In addition to Greenier’s appointment, Horace Mann announced that chief operating officer Stephen McAnena, who joined the company in May 2023, has taken on responsibility for the company’s worksite division, bringing all of Horace Mann’s business operations under his leadership.
Selective Insurance CFO
Meanwhile, Selective Insurance has appointed Patrick S Brennan (pictured above, right) as CFO, also effective Oct. 1, 2024.
Brennan joins Selective from The Progressive Corporation, where he served as treasurer, overseeing treasury, capital strategy, risk management, and investor relations.
Before joining Selective Insurance, Brennan spent 18 years at The Progressive Corporation, where he most recently served as Treasurer for eight years. In this role, he was responsible for overseeing treasury, capital strategy, risk management, and investor relations.
Prior to that, Brennan spent five years as commercial lines product manager, leading several large states and later moving into a strategic role focused on the nationwide business auto and contractors customer segments.
He originally joined Progressive in 2006 as senior manager of investor relations. Earlier in his career, Brennan worked at IBM Corporation in its treasury department, where he focused on funding strategy, foreign exchange strategy, and operations.
John J Marchioni, Selective’s chairman, president, and CEO, welcomed Brennan to the company, noting his extensive experience in the insurance sector and corporate finance.
“With significant experience in the insurance space and a deep background in corporate finance, Patrick is ideally suited to oversee the execution of the financial priorities that support our long-term strategic objectives,” Marchioni said.
With Brennan’s appointment, Tony Harnett will continue in his role as senior vice president and chief accounting officer at Selective. Marchioni also expressed gratitude to Harnett for serving as interim CFO during the transition.
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