Argonaut Group Inc., based in San Antonio, announced that Allan W. Fulkerson and David Hartoch have been elected as new directors of the company, replacing retiring directors Judith R. Nelson and Jerrold V. Jerome.
During their tenure on the board, both Nelson and Jerome served as chairpersons of the Audit Committee. Jerome also served as chairman of the board.
Commenting on the election of the company’s new directors, Argonaut Group chairman of the Board Gary V. Woods said, “Allan Fulkerson brings to our Board a broad-based understanding of our industry and its specialized capital markets. Having been supportive of the company’s transformation into a national specialty underwriter over the past three years, he is well prepared for his new role as a director. David Hartoch’s proven leadership and expertise in our industry, particularly the Excess and Surplus Lines market, will be a great asset as well.”
Allan W. Fulkerson has served as president and a director of Century Capital Management Inc., a registered investment advisor that specializes in the financial services industry. Fulkerson also serves as a director of HCC Insurance Holdings, Inc.
David Hartoch has served as chairman and chief executive officer of Swett & Crawford from 1997 to 2003, where he currently acts as a consultant following his retirement. Prior to that, Hartoch was president and chief operating officer of Sherwood Insurance Services and in 1993 served as president of the NAPSLO trade association.
Recognizing the company’s retiring directors, Woods said, “On behalf of the entire organization, I want to thank Judith Nelson and Jerrold Jerome for their longstanding dedication and commitment to our shareholders, employees and insureds. Prior to their service as directors, each played key roles in the development of what is now Argonaut Group dating back to the original acquisition of Argonaut Insurance Company by Teledyne Industries Inc. As directors, they guided the company through challenging times and served in numerous leadership positions on the Board. Just as their stewardship helped lay the foundation for the company’s current accomplishments, the legacy of their contributions will continue to benefit the company for years to come.”
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