Minneapolis-based workers' compensation insurer SFM Mutual Insurance Company announced today that Bob Lund has been chosen as the firm's new president and chief executive officer.

Mr. Lund, currently SFM vice president and general counsel, has been with the firm since 1998. He will succeed Pat Johnson, who is retiring after 14 years as president and CEO, SFM Board Chairman Truman Jeffers announced.

Mr. Lund is due to take office May 1. He said in a statement: "SFM has established a tradition of delivering timely, expert and effective service to our policyholders at a competitive price and at a long-term value that is unmatched in the industry. I hope to build on that tradition and to further enhance our relationships and shared resources with our agency partners in Minnesota and Wisconsin."

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