Victor Joseph Promoted to President & Chief Operating Officer of Mercury General Corporation

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Mercury General Corporation (NYSE: MCY) announced the appointment of Victor Joseph as President & Chief Operating Officer and board member, effective January 1, 2024. Victor, currently the Executive Vice President & Chief Operating Officer, will report to Gabriel Tirador, Mercury's CEO. Victor's extensive experience and contributions to Mercury's leadership team position the company for future growth and success.

Underscores Mercury's long-term vision for a strong and vibrant future

LOS ANGELES, Dec. 13, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) announced today that Victor Joseph has been named President & Chief Operating Officer and has also been appointed to the Company's board of directors, effective January 1, 2024. Victor is currently Mercury's Executive Vice President & Chief Operating Officer, a position he has held since 2022. He will continue to report directly to Gabriel Tirador, Mercury's Chief Executive Officer.

"This announcement exemplifies Mercury's continued progress in building our leadership structure and vision for the future of the Company," said Tirador. "Victor has been a key contributor on Mercury's leadership team, providing creative problem solving and a deep-rooted passion for the Company. His energy and dedication to Mercury and the industry will further strengthen our position as one of America's leading insurance companies."

Victor has held a variety of positions since he joined the Company almost 15 years ago, including time as Chief Underwriting Officer, where he was instrumental in modernizing Mercury's underwriting function by creating new protocols to measure and mitigate risk. He currently oversees day-to-day operations, with most of the Company's business units reporting directly to him.

"Mercury is well positioned to grow our market share," said Victor. "We are making investments in technology, talent and infrastructure that we believe will give us a competitive advantage, not just tomorrow, but well into the future, and I'm very proud to be able to help lead Mercury's transformation."

While Victor began his career at Mercury in 2009, he has been a part of the Mercury family his entire life. His father, George Joseph, founded Mercury in 1961 and holds the title of Chairman of the Board. 

Victor lives in Los Angeles with his wife and two children. He earned an MBA from the UCLA Anderson School of Management and a Bachelor of Arts in Economics from Harvard University.

About Mercury General Corporation

Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers and direct-to-consumer sales in many states. For more information, visit the Company's website at www.mercuryinsurance.com.

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SOURCE Mercury General Corporation

FAQ

Who has been appointed as President & Chief Operating Officer of Mercury General Corporation (NYSE: MCY)?

Victor Joseph has been appointed as President & Chief Operating Officer of Mercury General Corporation (NYSE: MCY), effective January 1, 2024.

Who is currently the Executive Vice President & Chief Operating Officer of Mercury General Corporation (NYSE: MCY)?

Victor Joseph is currently the Executive Vice President & Chief Operating Officer of Mercury General Corporation (NYSE: MCY).

Who will Victor Joseph report to in his new role as President & Chief Operating Officer of Mercury General Corporation (NYSE: MCY)?

Victor Joseph will report to Gabriel Tirador, Mercury's CEO, in his new role as President & Chief Operating Officer of Mercury General Corporation (NYSE: MCY).

What are Victor Joseph's qualifications and contributions to Mercury General Corporation (NYSE: MCY)?

Victor Joseph has held various positions at Mercury, including Chief Underwriting Officer, and has been instrumental in modernizing the company's underwriting function. His extensive experience and contributions to Mercury's leadership team position the company for future growth and success.

What investments is Mercury General Corporation (NYSE: MCY) making to strengthen its position in the market?

Mercury is making investments in technology, talent, and infrastructure to gain a competitive advantage and ensure future growth.

What is Victor Joseph's educational background?

Victor Joseph holds an MBA from the UCLA Anderson School of Management and a Bachelor of Arts in Economics from Harvard University.