Great American Insurance Group Announces Leadership Succession Plans
December 06 2016 - 2:57PM
Business Wire
- Gary J. Gruber Named President and
Chief Operating Officer of Great American Property and Casualty
Group
- Donald D. Larson to Retire Effective
March 2017
Great American Insurance Group is pleased to announce that Gary
J. Gruber was named President and Chief Operating Officer of Great
American Insurance Company, effective January 1, 2017. Mr. Gruber
will become the 17th President in Great American’s 145-year
history, assuming this title from Donald D. Larson, who has held
the position of President and Chief Operating Officer for the past
seven years, and was the senior reporting officer within Great
American’s P&C Group for the past 18 years. Mr. Larson recently
announced that he will retire effective March 10, 2017, after more
than 43 years of distinguished service to the Company.
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Gary J. Gruber Named President and Chief
Operating Officer of Great American Property and Casualty Group
(Photo: Business Wire)
Carl H. Lindner III, Co-Chief Executive Officer, American
Financial Group, stated, “We are excited to promote Gary Gruber to
President and Chief Operating Officer of Great American, given his
outstanding executive leadership abilities and approximately
40-year tenure within our operations. We are also grateful for
Don’s tremendous contributions to Great American over his 43 years
with the Company.”
Mr. Gruber has served as Executive Vice President for the Great
American Property and Casualty Insurance Group since 2010. He
currently serves as a member of Great American's Board of Directors
and recently served on the Board of Directors of National
Interstate Corporation, prior to its merger with Great American
Insurance Company. Mr. Gruber started his career with Great
American Insurance Company in 1977, and served in both financial
and operational roles within the organization. He held various
positions including Vice President of Accounting, Controller, and
Senior Vice President & Treasurer. In 1995, Gary moved into an
operational reporting officer role. While in this role, he worked
directly with the majority of our specialty property and casualty
businesses as well as a number of our business services teams,
including Reinsurance and Predictive Analytics.
Mr. Gruber is a graduate of the University of Cincinnati,
graduating with a Bachelor of Business Administration in Finance,
and is a Certified Public Accountant (inactive). He is a member of
the Board of Trustees for St. Xavier High School and the Athenaeum
of Ohio.
About Great American Insurance Group
Great American Insurance Group’s roots go back to 1872 with the
founding of its flagship company, Great American Insurance Company.
Based in Cincinnati, Ohio, the operations of Great American
Insurance Group are engaged primarily in property and casualty
insurance, focusing on specialty commercial products for
businesses, and in the sale of traditional fixed and fixed-indexed
annuities in the retail, financial institutions and education
markets. Great American Insurance Company has received an “A”
(Excellent) or higher rating from the A.M. Best Company for more
than 100 years (most recent rating evaluation of “A+” (Superior)
affirmed May 12, 2016). The members of Great American Insurance
Group are subsidiaries of American Financial Group, Inc. (AFG),
also based in Cincinnati, Ohio. AFG’s common stock is listed and
traded on the New York Stock Exchange under the symbol AFG.
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version on businesswire.com: http://www.businesswire.com/news/home/20161206006314/en/
Great American Insurance GroupDiane P. Weidner,
513-369-5713Websites:www.GreatAmericanInsuranceGroup.comwww.AFGinc.com
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