United Fire Group Chief Operating Officer Mike Wilkins to Retire
United Fire Group (Nasdaq: UFCS) has announced the retirement of Executive Vice President and Chief Operating Officer Michael Wilkins, effective September 30, 2022. Wilkins, who has dedicated over four decades to UFG, is credited with significant contributions to the company's transformation into a national entity generating over $1 billion in annual revenue. Kevin Leidwinger has been appointed as the new President and CEO, effective August 22, succeeding Randy Ramlo. UFG continues to operate across all 50 states, maintaining a strong A.M. Best rating of 'A' (Excellent).
- UFG operates in all 50 states, indicating strong market presence.
- Appointment of new CEO Kevin Leidwinger may provide fresh leadership and direction.
- Retirement of a long-term executive could lead to transitional challenges.
Long-term executive to step down from Cedar Rapids-based insurance company in September
CEDAR RAPIDS, Iowa, Aug. 16, 2022 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (“UFG” or the Company) today announced that Executive Vice President and Chief Operating Officer Michael Wilkins will retire on Friday, Sept. 30. Mr. Wilkins spent his entire career at UFG, serving in several IT and underwriting roles before being named COO in 2014.
“Four decades with UFG has been a wonderful ride,” Mr. Wilkins said. “This Company has provided so many career opportunities and the chance to work closely with terrific people as it has transformed from a modest organization to one that today operates in all 50 states and has an annual revenue of more than
In July, UFG named insurance executive Kevin Leidwinger as its new President and Chief Executive Officer. Kevin will succeed longtime CEO Randy Ramlo. Mr. Leidwinger will join the company on Monday, Aug. 22 and Mr. Wilkins will support the new leadership in the transition.
“The Company is in good hands with Kevin as its new CEO, along with the expert team of employees and agents throughout the country,” Mr. Wilkins said. “UFG is set for continued success, and I look forward to cheering it on in my retirement.”
“I want to thank Mike for his leadership and many years with UFG,” said Jim Noyce, Chairman of the UFG Board of Directors. “He led our teams through many technological changes over the years while executing a strategy that set us up for long-term growth and profitability.”
About UFG
Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.
Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of "A" (Excellent) for members of the United Fire & Casualty Group.
For more information about UFG, visit www.ufginsurance.com or contact Investor Relations at IR@unitedfiregroup.com.
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