Everen Group promotes Foskey to CEO
The Everen Group has promoted Robert Foskey to be its president and chief executive officer, succeeding Bertil Olsson who is retiring.
Foskey, who was chief operating officer of the energy insurer and was previously chief actuary, took over the CEO role on Monday.
"Foskey brings a wealth of experience and a proven track record of success with the Everen Group and is set to lead the company into its next phase of growth and innovation, the company said. "Over the past 17 years with the Everen Group, Foskey has demonstrated exceptional leadership and strategic vision, in his capacity as the Group Chief Actuary for 15 years and most recently as the chief operating officer of Everen Limited. He has overseen key operational improvements and driven significant growth.
"Foskey has a deep understanding of the Group’s mission and values, making him the ideal choice for the role of CEO."
John Weisner, chair of the board of Everen Ltd, said: “We are extremely pleased to appoint Rob as Group CEO. His contributions as Chief Actuary and COO have been invaluable, and the Board is confident he will continue to propel the Everen Group forward with the same dedication and inspiration.
"The Board would also like to thank Bertil Olsson for his contributions to the Everen Group as CEO over the past nine years.”
John Talarico, chair of the Board of Everen Specialty, added: “The Board unanimously agree that Rob is the ideal leader for the Everen Group. His in-depth knowledge of our operations and commitment to our organisation will ensure a seamless transition and continued success.”
Foskey said: “I am honoured and excited to take on the role of Group CEO. It has been a privilege to be a part of the Everen Group and to lead Everen Limited as COO. I want to thank the Board for its confidence as I step into this role.
"I look forward to working with our talented leadership team and employees as we continue to innovate and deliver consistent value to our shareholders and customers and advance the Group’s position as leaders in the global insurance industry. I am committed to fulfilling our mission and values and enhancing our culture through teamwork, collaboration and transparency.”
Everen Group consists of two operating companies providing complementary products: Everen and Everen Specialty. Everen is the largest energy insurance mutual company in the world while Everen Specialty is an industry owned commercial (re)insurer offering property and casualty insurance and reinsurance for members and non-members.
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