WORCESTER, Mass., Feb. 21 /PRNewswire-FirstCall/ -- The Hanover Insurance
Group, Inc. (NYSE: THG) announced today that Edward J. Parry III, The
Hanover's executive vice president and chief financial officer has resigned
his positions and plans to leave the company, effective June 15, 2007. A
search for his successor is underway.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051031/NEM023LOGO )
Parry joined the company as a merger and acquisition specialist in 1992
and has served as chief financial officer since 1996. The Technology,
Investments and Claims departments and the Life Company segment report to him
and he is a director of the company.
"Ed has provided strong leadership during his tenure with the company,"
said Frederick H. Eppinger, chief executive officer of The Hanover Insurance
Group, Inc. "Ed was instrumental in our efforts to reposition our company,
strengthen our financial position, improve the efficiency of technology
services and develop the framework for significant improvements to our claims
organization. We respect his decision to pursue other career opportunities and
wish him all the best in the future."
Parry will serve as a director of the company through the end of his term,
expiring May 15, 2007, and will not stand for re-election.
The Hanover Insurance Group, Inc., based in Worcester, Mass., is the
holding company for a group of insurers that includes The Hanover Insurance
Company, also based in Worcester, Citizens Insurance Company of America,
headquartered in Howell, Michigan, and their affiliates. The Hanover offers a
wide range of property and casualty products and services to individuals,
families and businesses through an extensive network of independent agents,
and has been meeting its obligations to its agent partners and their customers
for more than 150 years. Taken as a group, The Hanover ranks among the top 35
property and casualty insurers in the United States.
Contact Information
Investors: Media:
Sujata MutalikMichael F. Buckley
E-mail: smutalik@hanover.com E-mail: mibuckley@hanover.com
1-508-855-3457 1-508-855-3099
SOURCE Hanover Insurance Group, Inc.
Contact: Investors, Sujata Mutalik, +1-508-855-3457, or smutalik@hanover.com, or Media, Michael F. Buckley, +1-508-855-3099, or mibuckley@hanover.com, both of Hanover Insurance Group, Inc.