RLI Corp. said its chief financial officer is retiring, and the specialty insurer disclosed a number of other executive changes.
CFO Thomas Brown, who is also a senior vice president, will retire on July 1, 2019 after eight years with RLI. RLI Chairman and CEO Jonathan Michael said in prepared remarks that Brown played a big role in RLI’s success.
Once Brown retires, Todd Bryant, RLI’s vice president, Finance & Controller, will replace him. Bryant joined RLI in 1993 and held various positions in the accounting department before taking on his current position in 2009. He previously worked at Arthur Andersen & Co. and brings 25 years of insurance industry experience to his new role.
Replacing Bryant in the controller slot will be Seth Davis, who is currently vice president, Corporate Services. Davis will lead RLI’s corporate financial reporting, corporate services, rating agency and tax. He joined RLI in 2004 and served as vice president, Internal Audit, before being named to his current position in 2018. Davis brings 23 years of insurance industry experience to his new role.
Meanwhile, Kathleen Taylor, assistant vice president, Reinsurance Accounting and Cash Operations, has been promoted to vice president, Accounting Operations. In her new role, Taylor will lead RLI’s reinsurance accounting, cash operations, accounting systems, cost allocations and expense management.
Taylor joined RLI in 2002 and held various positions within the accounting department before being promoted to assistant vice president, Reinsurance Accounting and Cash Operations, in 2015. Before RLI, Taylor worked for the Illinois Department of Insurance. Taylor brings 22 years of insurance industry experience to her new role.
Separately, Lisa Gates has been promoted to RLI’s vice president, Marketing & Communications. In this new role, she’ll lead RLI’s marketing and communications strategy and operations. She first joined RLI in 2010 as director, Communications, and in 2015 was promoted to assistant vice president, Marketing & Communications.
Source: RLI