Horace Mann Educators Corp. says its Board of Directors appointed Marita Zuraitis to president and CEO and elected her to the board.
Former president and CEO Peter Hackman has resigned from then board following a four-month transition period, but will remain available as a consultant until teh end of teh year, the company says.
Zuraitis came to Horace Mann from The Hanover Insurance Group in May as president and CEO-elect. She was president of P&C companies for Worcester, Mass.-based Hanover.
“The Board is deeply grateful to Pete Heckman for his 13 years of service with the company, especially the last three years as President and CEO, including this smooth transition to his successor,” said Gabriel Shaheen, Chairman of the Board, in a statement. “Through his outstanding leadership, Pete and his team have built a solid financial foundation and have moved the company forward significantly. We now look to Marita's vision and leadership to continue the mission of taking Horace Mann to the next level.”
Heckman succeeded Louis Lower, who resigned late in 2010—one month into a 60-day sentence he was serving for a drunken driving charge.
“My four-month transition working with Pete has been invaluable and validated my initial assessment of Horace Mann as a financially strong company with dedicated agents and employees focused on serving the educator marketplace,” said Zuraitis. “I look forward to building on that foundation and profitably growing the business.”
Springfield, Ill.-based Horace Mann focuses on educators' financial needs, providing auto and homeowners insurance, retirement annuities, life insurance and other financial solutions.
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