Harleysville Insurance president and COO Michael Brownewill retire effective May 1.
“I want to express my deep, personal appreciation to Michael forall he has done for Harleysville and the Nationwide companies, theinsurance industry, and our country,” says Steve Rasmussen, CEO ofNationwide, in a statement.
|Browne, a highly-decorated Vietnam veteran, was CEO ofHarleysville when Nationwide merger with the insurer in 2012. He played acritical role as the insurers combined, Nationwide says.
|He was named Harleysville CEO in 2004, replacing Walter Bateman,after heading the international insurance practice at the law firmReed Smith in Philadelphia. He has also served as the insurancecommissioner of Pennsylvania from 1980-1983 and held leadershippositions in the U.S. Department of Transportation.
|“I have enjoyed being a part of the Harleysville success story.We have a great group of associates and agents who are committed toserving our customers,” Browne said. “We are a key part of theNationwide strategy. Harleysville is adding great value toNationwide, and we'll continue doing so through our excellenttalent, great distribution force, and the strong relationships wehave.”
|Kevin Toth will become senior regional vice president forHarleysville Insurance and will serve as the senior leader at theHarleysville, Pa. headquarters after Browne's retirement.
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