20 November 2015 Insurance

State Auto unveils board changes

Property and casualty insurer State Auto has revealed that president and chief executive officer (CEO) Michael LaRocco has been named chairman.

He will succeed current chairman Robert Restrepo upon his retirement from the board at the end of the year.

LaRocco was named president and CEO of State Auto and its parent, State Automobile Mutual Insurance Company, in May 2015, when he was also elected a director of both boards.

Before joining State Auto, LaRocco was president and CEO of AssureStart, a Seattle-based technology startup.

The parent company also announced changes to its board: James Kunk, currently its lead independent director, was named non-executive chairman to succeed Restrepo upon his retirement from the board at the end of the year.

Kunk, currently president of Huntington Bank’s central Ohio region, has been a State Auto Mutual director since 2006.

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