American Financial Group Inc. announced that its chief financial officer, Senior Vice President and Treasurer Fred J. Runk, plans to retire in March 2005. Runk, 62, has been with AFG and its predecessor for more than 30 years and has been chief financial officer for more than 25 years.
Keith A. Jensen, an AFG senior vice president, will become the chief financial officer when Runk steps down. Jensen also currently serves as executive vice president and chief financial officer of Great American Insurance Company, AFG’s principal operating subsidiary. He is primarily responsible for acquisitions, dispositions and corporate development, as well as the finance and certain operating functions in the company’s property and casualty operations. Jensen, 53, has been with AFG and its subsidiaries since 1997 in various executive capacities. He was a partner with Deloitte & Touche LLP for over 11 years prior to joining AFG.