10 October 2019Insurance

Tokio Marine reveals new co-CFOs and next group chief executive of TMK

Specialty insurance group Tokio Marine HCC has appointed Sharon Brock and Tom Weist as co-chief financial officers, replacing Brad Irick who has been named the next group chief executive officer of Tokio Marine Kiln (TMK).

Brock joined Tokio Marine HCC in 2004 and most recently served as executive vice president and chief accounting officer. Previously, she served the company as senior vice president and corporate tax director.

Weist joined Tokio Marine HCC in 2011 and most recently served as senior vice president and chief actuary. He has over 20 years of experience in the insurance industry, including various roles in actuarial pricing, predictive modeling and enterprise risk management at Munich Re, Chubb and Tokio Millennium Re.

In their new role, Brock will be responsible for corporate accounting and reporting, internal audit and controls, tax, and treasury, while Weist will be responsible for actuarial, financial planning and analysis, investments, mergers and acquisitions, and strategy.

“I am pleased to announce Sharon and Tom as Tokio Marine HCC’s Co-Chief Financial Officers. Together, their abundance of knowledge and experience will provide financial leadership that is balanced and well-informed. I congratulate them as they assume their new responsibilities and work collaboratively to maintain Tokio Marine HCC’s position as a leading specialty insurer,” said Susan Rivera, Tokio Marine HCC’s chief executive officer.

Irick added: “Tokio Marine HCC is fortunate to have two individuals with such deep, complementary financial and technical expertise ready to work together as Co-CFOs. Having worked personally with Sharon and Tom for over eight years, I am confident they will collectively bring broader experience to the role and will add significant value as the company continues to grow and diversify.”

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