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Erie Insurance Announces Senior Leadership Changes

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Erie Insurance (NASDAQ: ERIE) announced senior leadership changes effective October 22, 2020, following the retirement of Chris Zimmer, senior vice president of Claims, after 29 years at the company. Cody Cook, previously senior vice president of Personal Products, will take over Claims. Ruben Fechner, formerly senior VP of Business Application & Support, will become senior VP of Personal Products. David Edgerton is promoted to senior VP of Information Technology, after serving as VP of Personal Lines Technology. Erie Insurance operates in 12 states and is rated A+ (Superior) by A.M. Best.

Positive
  • Cody Cook's promotion is expected to bring enriching experience from his previous role in Personal Products.
  • Leadership changes could enhance strategic focus within Claims and IT divisions.
Negative
  • Retirement of Chris Zimmer may lead to continuity concerns due to his long tenure.
  • Potential experience gap in the Claims division after Zimmer's departure.

ERIE, Pa., Oct. 8, 2020 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced a series of senior leadership changes within the Claims, Sales & Products and Information Technology divisions.

The organizational changes are in conjunction with the January 2021 retirement of Chris Zimmer, senior vice president, Claims. Zimmer has been with Erie Insurance for 29 years in a variety of leadership roles.

Cody Cook will succeed Zimmer in the role of senior vice president, Claims. Cook has been ERIE's senior vice president, Personal Products, since 2017. He previously served as vice president, Private Passenger Auto, for seven years. He started at ERIE in 2003 as an actuary and was promoted to supervisor of the Pricing and Modeling section in 2009.

Ruben Fechner will become senior vice president, Personal Products. Fechner joined ERIE in 2013 as senior vice president, Business Application & Support, Information Technology. He previously worked for The Hartford, where his most recent role was vice president of Commercial, Sales and Distribution Technology. He began his career at USAA, where he held a variety of leadership and technology roles over a 20-year period.

David Edgerton will be promoted to senior vice president, Information Technology. Edgerton has been vice president of Personal Lines Technology since 2018. He came to ERIE in 2014 as an IT delivery manager and was promoted to IT director in the Finance area in 2015. He served as IT director in Personal Lines technology from 2017 until he assumed his current role.

Edgerton earned a bachelor's degree in civil engineering from Auburn University and an MBA from Poole College of Management at North Carolina State University. Before joining ERIE, he served in the United States Navy for 20 years, attaining the rank of lieutenant commander.

The new leadership appointments will be effective October 22.

About Erie Insurance
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 11th largest homeowners insurer, 12th largest automobile insurer in the United States based on direct premiums written and the 16th largest property/casualty insurer in the United States based on total lines net premium written. The Group, rated A+ (Superior) by A.M. Best Company, has nearly 6 million policies in force and operates in 12 states and the District of Columbia. Erie Insurance Group is a Fortune 500 company.

News releases and more information about Erie Insurance Group are available at www.erieinsurance.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/erie-insurance-announces-senior-leadership-changes-301148938.html

SOURCE Erie Indemnity Company

FAQ

What leadership changes has Erie Insurance announced?

Erie Insurance announced the promotion of Cody Cook to senior vice president of Claims, Ruben Fechner to senior vice president of Personal Products, and David Edgerton to senior vice president of Information Technology.

When will the new leadership appointments at Erie Insurance take effect?

The new leadership appointments will be effective on October 22, 2020.

Who is succeeding Chris Zimmer at Erie Insurance?

Cody Cook will succeed Chris Zimmer as senior vice president of Claims.

What is the background of the new leaders at Erie Insurance?

Cody Cook has been with Erie since 2003, Ruben Fechner joined in 2013, and David Edgerton has been with the company since 2014.

Erie Indemnity Co

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