North Canton, Ohio-based insurer Hartville Group Inc. announced that the company’s board of directors have accepted the resignation of chief executive officer Russell Smith III. The board has also accepted the resignation of chief financial officer, Josh Feldman, who has resigned to pursue other business opportunities. Both resignations are effective immediately.
The board has appointed Roger A. Kimmel, Jr. as non-executive Chairman of the Board. Kimmel was appointed to Hartville’s board of directors on Nov. 7, 2003. Since founding the law firm of Kimmel, Lembright & Bosco in 1975, Kimmel has engaged in a general corporate practice including areas of public offerings and the private placements of securities, stock and asset acquisition, mergers and acquisitions, representation of closely held businesses, federal and state securities laws compliance matters, corporate governance and other related securities issues.
The board has elected Dennis C. Rushovich as chief executive officer. Rushovich is the founder and CEO of Strategic Financial Solutions Inc., a consulting, software, and services supplier to financial institutions. Rushovich co-founded and was COO and CFO of Independent Financial Marketing Group, the largest marketer of investment and insurance products to financial institutions, nationwide.
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