WORCESTER, Mass., Sept. 18 /PRNewswire-FirstCall/ -- The Hanover Insurance
Group, Inc. (NYSE: THG) announced today that John J. Leahy has resigned his
position as executive vice president and chief financial officer for personal
reasons, effective immediately.
Leahy replaced Edward J. Parry III, who elected to leave the company
August 31, after 15 years, to pursue other career opportunities. Leahy joined
The Hanover after serving in key business and strategy roles with PepsiCo.,
Inc. and Keane, Inc., a Boston-based business and information technology
services firm.
"John advised us that he desired to resign for personal reasons," said
Frederick H. Eppinger, chief executive officer at The Hanover Insurance Group.
"We respect his decision. We have a very strong and experienced finance
organization and I have every confidence we will manage through a smooth
transition to new leadership."
The company has begun to search for a successor. In the meantime, The
Hanover's Board of Directors has appointed Eppinger acting chief financial
officer and Warren E. Barnes acting principal accounting officer. Barnes has
been vice president and corporate controller since 1997 and is a member of the
company's Operating Committee.
About The Hanover
The Hanover Insurance Group, Inc. (NYSE: THG), 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, Mich., 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 40 property and casualty insurers in the United States.
CONTACTS:
Investor Relations Media Relations
Sujata MutalikMichael Buckleysmutalik@hanover.commibuckley@hanover.com
(508) 855-3457 (508) 855-3099
SOURCE The Hanover Insurance Group, Inc.
Contact: Investor Relations, Sujata Mutalik, +1-508-855-3457, smutalik@hanover.com; or Media Relations, Michael Buckley, +1-508-855-3099, mibuckley@hanover.com, both of The Hanover Insurance Group, Inc.