Employers Holdings, Inc. Appoints Michael Pedraja as its Next CFO
Employers Holdings, Inc. (NYSE: EIG), a leading workers' compensation insurance provider, has announced the appointment of Michael Pedraja as its new Executive Vice President and Chief Financial Officer. Pedraja will join the company on February 3, 2025, and fully assume the CFO role around March 31, 2025, succeeding the retiring Michael Paquette.
With over 30 years of experience in corporate financial services and insurance-related roles, Pedraja most recently served as Group CFO for Ariel Re Services. His career includes positions at The Allstate , Aon Securities, Barclays, and Credit Suisse. CEO Katherine Antonello expressed confidence in Pedraja's ability to drive strategic goals and optimize financial operations.
Pedraja will lead the financial and investor relations functions, contributing to EMPLOYERS' position as America's small business insurance specialist. The company, operating through various subsidiaries, focuses on providing workers' compensation insurance to small and mid-sized businesses in low-to-medium hazard industries across the United States.
Employers Holdings, Inc. (NYSE: EIG), un importante fornitore di assicurazioni per infortuni sul lavoro, ha annunciato la nomina di Michael Pedraja come nuovo Vice Presidente Esecutivo e Direttore Finanziario. Pedraja entrerà a far parte dell'azienda il 3 febbraio 2025 e assumerà completamente il ruolo di CFO intorno al 31 marzo 2025, succedendo al pensionamento di Michael Paquette.
Con oltre 30 anni di esperienza nei servizi finanziari aziendali e in ruoli legati all'assicurazione, Pedraja ha recentemente ricoperto il ruolo di CFO di gruppo per Ariel Re Services. La sua carriera include posizioni in The Allstate, Aon Securities, Barclays e Credit Suisse. Il CEO Katherine Antonello ha espresso fiducia nelle capacità di Pedraja di guidare gli obiettivi strategici e ottimizzare le operazioni finanziarie.
Pedraja guiderà le funzioni finanziarie e delle relazioni con gli investitori, contribuendo alla posizione di EMPLOYERS come specialista in assicurazioni per piccole imprese negli Stati Uniti. L'azienda, che opera attraverso varie filiali, si concentra sulla fornitura di assicurazioni per infortuni sul lavoro a piccole e medie imprese in settori a rischio basso-medio in tutto il Paese.
Employers Holdings, Inc. (NYSE: EIG), un proveedor líder de seguros de compensación laboral, ha anunciado el nombramiento de Michael Pedraja como su nuevo Vicepresidente Ejecutivo y Director Financiero. Pedraja se unirá a la empresa el 3 de febrero de 2025, y asumirá plenamente el cargo de CFO alrededor del 31 de marzo de 2025, sucediendo al jubilado Michael Paquette.
Con más de 30 años de experiencia en servicios financieros corporativos y roles relacionados con seguros, Pedraja se desempeñó recientemente como CFO del grupo para Ariel Re Services. Su carrera incluye puestos en The Allstate, Aon Securities, Barclays y Credit Suisse. La CEO Katherine Antonello expresó confianza en la habilidad de Pedraja para impulsar los objetivos estratégicos y optimizar las operaciones financieras.
Pedraja liderará las funciones financieras y de relaciones con inversores, contribuyendo a la posición de EMPLOYERS como especialista en seguros para pequeñas empresas en América. La compañía, que opera a través de varias subsidiarias, se enfoca en proporcionar seguros de compensación laboral a pequeñas y medianas empresas en industrias de bajo a medio riesgo en todo Estados Unidos.
Employers Holdings, Inc. (NYSE: EIG), 주요 근로자 보상 보험 제공업체가 Michael Pedraja를 새로운 부회장 겸 최고 재무 책임자로 임명했다고 발표했습니다. Pedraja는 2025년 2월 3일에 회사에 합류하며, 2025년 3월 31일 경에 CFO 역할을 완전히 가질 것이며, 은퇴하는 Michael Paquette를 이어받습니다.
30년 이상의 기업 금융 서비스 및 보험 관련 경력을 가진 Pedraja는 최근 Ariel Re Services의 그룹 CFO로 재직했습니다. 그의 경력에는 The Allstate, Aon Securities, Barclays 및 Credit Suisse에서의 직책이 포함됩니다. CEO Katherine Antonello는 Pedraja가 전략 목표를 추진하고 재무 운영을 최적화하는 능력에 대한 신뢰를 표명했습니다.
Pedraja는 재무 및 투자자 관계 기능을 이끌며, EMPLOYERS를 미국의 중소기업 보험 전문 기업으로 만들기 위해 기여할 것입니다. 이 회사는 여러 자회사를 통해 운영되며, 미국 전역의 낮은 위험 산업에 있는 중소기업에 근로자 보상 보험을 제공하는 데 중점을 두고 있습니다.
Employers Holdings, Inc. (NYSE: EIG), un fournisseur majeur d'assurances contre les accidents du travail, a annoncé la nomination de Michael Pedraja en tant que nouveau vice-président exécutif et directeur financier. Pedraja rejoindra l'entreprise le 3 février 2025 et assumera pleinement le rôle de CFO aux alentours du 31 mars 2025, succédant à Michael Paquette qui part à la retraite.
Fort de plus de 30 ans d'expérience dans les services financiers d'entreprise et dans des rôles liés à l'assurance, Pedraja a récemment occupé le poste de CFO de groupe pour Ariel Re Services. Sa carrière comprend des postes chez The Allstate, Aon Securities, Barclays et Credit Suisse. La PDG Katherine Antonello a exprimé sa confiance dans la capacité de Pedraja à atteindre les objectifs stratégiques et à optimiser les opérations financières.
Pedraja dirigera les fonctions financières et les relations avec les investisseurs, contribuant ainsi à la position d'EMPLOYERS en tant que spécialiste de l'assurance pour les petites entreprises en Amérique. L'entreprise, qui opère à travers diverses filiales, se concentre sur la fourniture d'assurances contre les accidents du travail aux petites et moyennes entreprises dans des secteurs à faible ou moyen risque à travers les États-Unis.
Employers Holdings, Inc. (NYSE: EIG), ein führender Anbieter von Arbeitsunfallversicherungen, hat die Ernennung von Michael Pedraja zum neuen Executive Vice President und Chief Financial Officer bekannt gegeben. Pedraja wird am 3. Februar 2025 zum Unternehmen stoßen und die Rolle des CFO circa am 31. März 2025 vollständig übernehmen, um den scheidenden Michael Paquette zu folgen.
Mit über 30 Jahren Erfahrung in der Unternehmensfinanzdienstleistungs- und Versicherungsbranche war Pedraja zuletzt als Group CFO für Ariel Re Services tätig. Zu seiner Karriere gehören Positionen bei The Allstate, Aon Securities, Barclays und Credit Suisse. CEO Katherine Antonello äußerte Vertrauen in Pedrajas Fähigkeit, strategische Ziele voranzutreiben und Finanzoperationen zu optimieren.
Pedraja wird die finanziellen und investor relations Funktionen leiten, und somit auch zur Position von EMPLOYERS als Spezialist für Versicherungen für kleine Unternehmen in Amerika beitragen. Das Unternehmen, das durch verschiedene Tochtergesellschaften operiert, konzentriert sich darauf, Arbeitsunfallversicherungen für kleine und mittelständische Unternehmen in Branchen mit niedrigem bis mittlerem Risiko in den gesamten Vereinigten Staaten anzubieten.
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RENO, Nev., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc. (NYSE: EIG), a leading provider of workers' compensation insurance, is pleased to announce that Michael Pedraja will join the company as Executive Vice President and Chief Financial Officer (Designate), effective February 3, 2025. He will assume the role of Executive Vice President and Chief Financial Officer effective on or about March 31, 2025.
Mr. Pedraja succeeds outgoing Executive Vice President, Chief Financial Officer, Michael Paquette, who will retire in March 2025.
Mr. Pedraja has more than 30-years of experience as a corporate financial services leader in various insurance-related roles.
“With a proven track record in financial leadership and a deep understanding of the insurance industry, Michael will be instrumental in driving our strategic goals, optimizing our financial operations, and helping to shape the next phase of the Company’s transformation,” said Katherine Antonello, President and Chief Executive Officer of Employers Holdings, Inc.
As Chief Financial Officer, Mr. Pedraja will serve as a member of Employers Holdings’ executive leadership team and will be charged with leading the financial and investor relations functions of the business.
Most recently, he served as Group Chief Financial Officer for Ariel Re Services, a leading reinsurance underwriter. His professional career spans roles from Senior Vice President and Treasurer of The Allstate Corporation to insurance-focused Investment Banker at Aon Securities, Barclays and Credit Suisse. Mr. Pedraja received a bachelor’s degree in accounting from DePaul University.
“The team has a done a wonderful job in solidifying EMPLOYERS as America’s small business insurance specialist,” said Mr. Pedraja. “It is an honor to partner with Kathy and the leadership team to further that position while profitably growing the business and driving shareholder value.”
About EMPLOYERS
Employers Holdings, Inc. (NYSE: EIG), is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services (collectively “EMPLOYERS®”) focused on small and mid-sized businesses engaged in low-to-medium hazard industries. EMPLOYERS leverages over a century of experience to deliver comprehensive coverage solutions that meet the unique needs of its customers. Drawing from its long history and extensive knowledge, EMPLOYERS empowers businesses by protecting their most valuable asset – their employees – through exceptional claims management, loss control, and risk management services, creating safer work environments.
EMPLOYERS is also proud to offer Cerity®, which is focused on providing digital-first, direct-to-consumer workers’ compensation insurance solutions with fast, and affordable coverage options through a user-friendly online platform.
EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A - (Excellent) by A.M. Best. Not all companies do business in all jurisdictions. EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc. EMPLOYERS® is a registered trademark of EIG Services, Inc., and Cerity® is a registered trademark of Cerity Services, Inc. For more information, please visit www.employers.com and www.cerity.com.
Forward-Looking Statements
In this press release, the Company and its management discuss and make statements based on currently available information regarding their intentions, beliefs, current expectations, and projections of, among other things, the Company's future performance, economic or market conditions, including current levels of inflation, changes in interest rates, labor market expectations, catastrophic events or geo-political conditions, legislative or regulatory actions or court decisions, business growth, retention rates, loss costs, claim trends and the impact of key business initiatives, future technologies and planned investments. Certain of these statements may constitute “forward-looking” statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and are often identified by words such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "target," "project," "intend," "believe," "estimate," "predict," "potential," "pro forma," "seek," "likely," or "continue," or other comparable terminology and their negatives. The Company and its management caution investors that such forward-looking statements are not guarantees of future performance. Risks and uncertainties are inherent in the Company’s future performance. Factors that could cause the Company's actual results to differ materially from those indicated by such forward-looking statements include, among other things, those discussed or identified from time to time in the Company’s public filings with the Securities and Exchange Commission (SEC), including the risks detailed in the Company's Quarterly Reports on Form 10-Q and the Company's Annual Reports on Form 10-K. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Media Contact:
Kimberly Eye
Vice President, Marketing & Communications
keye@employers.com
Investor Relations Contact:
Michael Paquette
Executive Vice President, Chief Financial Officer
mpaquette@employers.com
FAQ
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