Michael E. Myers, 62, was named president of Southwest Insurance Agency, a wholly-owned subsidiary of SWS Group Inc., a Dallas-based financial services holding company.
He replaces Larry Schmitt, who in November left his post as president to pursue other opportunities, the company said.
A 34-year veteran of the insurance industry, Mr. Myers served as executive vice president of Southwest Insurance Agency for the past five years before his promotion. Prior to joining SWS Group, Mr. Myers was an executive with the New York-based outsourcing group BISYS.
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