Ron Wright, chief operating officer of Texas Mutual Insurance Company since 1997, will become president and CEO of the company effective Sept. 1, 2009, Texas Mutual announced.
Wright will succeed Russell R. Oliver, who announced his retirement in February. Oliver has worked at Texas Mutual since 1994; he was named president and CEO the following year.
Two years ago, Texas Mutual launched the Executive Management Succession Planning Project to prepare for the eventual retirement of Oliver. Wright’s move to the role of president and CEO was approved by the Board of Directors.
Wright has had a distinguished career in the insurance industry. Before joining Texas Mutual in 1997, Wright was senior vice president of workers’ compensation for Travelers Aetna Property and Casualty Corporation.
Source: Texas Mutual Insurance Company, www.texasmutual.com
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