Co-operators General Insurance Co. today announced some changes to The Co-operators senior management team as three members move on to retirement. This team oversees all of the companies in The Co-operators group of companies.
Dan Thornton, senior vp and COO, Co-operators Life Insurance Co., will retire effective April 2007. His career has taken him into Coseco as its COO, and into various roles in Co-operators General culminating in senior vp, distribution, and finally into Co-operators Life as COO in 2001.
Kevin Daniel will assume the post of senior vp and COO, Co-operators Life effective April 2007 upon Thornton’s retirement. Daniel recently celebrated his 20th anniversary with The Co-operators. His career has included senior leadership roles in Co-operators General, Co-operators Life, and most recently as senior vp finance and CFO for The Co-operators Group.
Daniel obtained his LOMA level 1 designation in 1986, his BA in 1986, and his CGA designation in 1991.
Peter Parkin, senior vp and COO, The Sovereign General Insurance Co., subsidiary of Co-operators General, will be retiring effective Feb. 28, 2007.
Vivien Fong, senior vp and chief information officer, will be leaving the Co-operators organization when she retires in October.
Fong’s replacement will be Robert Wesseling, effective October 2006. Wesseling obtained a BA with distinction in Math, an MSc. in Applied Stats, his C.I.P., and has spent over nine years in increasingly senior leadership roles within Co-operators General, most recently as vp, personal lines and packaged products.
The changes will result in a vacancy in the role of CFO. Daniel will still sit on the senior management team in his new role and will be in a position to assist and provide counsel to the ultimate successor to the CFO role.
The changes have also created a vacancy in the COO of The Sovereign. The company will undertake a search to fill these roles immediately. The company has had an effective succession plan model in operation for some years from which to draw resources.
Retirements prompt senior management changes at Co-operators
- By: IE Staff
- September 17, 2006 September 17, 2006
- 14:40