State Auto Financial Corp. has named President and CEO Michael E. LaRocco chairman of STFC to succeed current Chairman Robert P. Restrepo Jr. upon his retirement from the STFC board at the end of the year.
STFC’s parent, State Automobile Mutual Insurance Co. (SAM), also announced that James E. Kunk, currently its lead independent director, has been named non-executive chairman of SAM to succeed Restrepo upon his retirement from the SAM board at the end of the year
LaRocco was named president and CEO of STFC and SAM in May 2015, when he was also elected a director of both boards.
During LaRocco’s more than 35 years in the property and casualty insurance industry, he’s led large national carriers and formed a technology startup. Before joining State Auto, LaRocco was president and CEO of AssureStart, a Seattle-based technology startup selling general liability and property insurance to small businesses online.
Kunk, currently president of Huntington Bank’s Central Ohio Region, has been a State Auto Mutual director since 2006. He’s held several positions with Huntington since joining the bank in 1981, including executive vice president of commercial and retail banking, senior vice president and manager of private banking and vice president of the national banking division.
Source: State Auto Financial Corp.
Topics Auto
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