Seattle-based Safeco named financial services veteran Ross Kari as the company’s executive vice president and chief financial officer, effective June 21, 2006.
Kari joins Safeco from the Federal Home Loan Bank of San Francisco, where he has served as executive vice president and chief operating officer since 2002. In that role, he has directed the bank’s operational divisions, including financial management, sales and marketing, credit and collateral risk management, controllers, information services, and community investment.
He built his career at Wells Fargo & Co. in San Francisco, where he started as a financial analyst in 1983 and rose through the ranks during his 18-years at the company, eventually becoming executive vice president and chief financial officer.
Kari was selected following a five-month nationwide search. He replaces Christine Mead, who left the company in December 2005. He will be a member of Reynolds’ executive team, responsible for overseeing Safeco’s financial operations.
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