Ohio-based National Interstate Corp. recently announced that effective Jan. 1, 2007, Alan R. Spachman will become its chairman and chief executive officer and David W. Michelson will be promoted to the position of president and chief operating officer.
National Interstate Corp said the changes support the continuation of the company’s efforts related to its executive management structure that were started in 2005.
Spachman is the company’s founder and has served as president since 1989 and chairman since 2004. As chairman and CEO Spachman will focus on continuing an orderly transition of his responsibilities related to the daily operations of the National Interstate to Michelson. The transition is expected to take place during the next 12 months.
Michelson has served as the company’s executive vice president and chief operating officer since 2005 and has held several other key positions since joining National Interstate in 1992. He has more than 27 years of insurance industry experience and since 2005, has overseen the company’s insurance operations including new business development, underwriting and claims. As president he will also focus on the other aspects of the company’s operations.
National Interstate Corp.is a specialty property and casualty insurance company with a niche orientation and focus on the transportation industry.
Source: National Interstate Corp.
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