Verisk shuffles leadership in strategy reboot

Global insurance data analytics provider  Verisk has shuffled its top leadership as part of its strategy to advance corporate governance by separating the roles of chair of the board and CEO.

Bruce Hansen (pictured top left) has been named chairperson of the board of directors, succeeding Scott Stephenson (pictured top center) who is set to retire from the company following Verisk’s 2022 annual meeting of shareholders.

Hansen is currently an independent director and chair of the audit committee. Kathleen Hogenson (pictured top right) will succeed Hansen in this role.

Additionally, as Verisk retires the lead independent director role, Christopher Foskett (pictured bottom left) will assume the chair of the finance and investment committee, succeeding Samuel Liss (pictured bottom right). All new leadership roles will take effect on May 5, 2022.

Hansen has served on Verisk’s board of directors since May 2015. He has three decades of experience building companies across the big data, artificial intelligence, analytics and fin-tech industries. He also has significant corporate governance expertise at both public and private-equity-backed companies.

“We’re pleased to name Bruce chair of the board,” said Stephenson, chairman, president and CEO, Verisk. “Since he joined the board seven years ago, Bruce’s deep background in technology, experience and leadership have been a great resource to the board and our leadership team during a pivotal time for Verisk. The board and I would like to recognize and thank Chris for his many contributions as the lead independent director and look forward to his continued contributions.”

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