|[June 11, 2014]
Securian Financial Group Names New CEO
ST. PAUL, Minn. --(Business Wire)--
Securian Financial Group today announced that President Christopher
M. Hilger will also serve as chief executive officer, effective
January 1, 2015. Chairman and CEO Robert L. Senkler, who will retire
from active management after serving as CEO for 20 years, will remain as
chairman of the board of directors. Hilger, 49, will be the thirteenth
CEO in Securian's 134-year history. He was appointed president in 2012.
"Chris grew up in the insurance industry and has a proven record of
success as an entrepreneur and business leader who has led the
development and execution of Securian's current growth strategies," Senkler,
61, said. "Preparing internal candidates for greater responsibility is a
cornerstone of our culture. We have been working for the past several
years to make this a successful leadership transition."
A 27-year veteran of the insurance industry, Hilger also serves as CEO
Solutions, LLC, a Securian subsidiary headquartered in Indianapolis,
IN that distributes insurance products and services to financial
institutions. He joined Securian's management team in 2004 when the
company purchased Allied Solutions and was subsequently named senior
vice president of Securian's Financial Institution Group. In 2010, he
was promoted to executive vice president with the added accountability
for the company's group insurance business. In 2012, he was appointed
president with responsibility for all of Securian's businesses.
"I have had the privilege of working directly with Chris since he joined
the company and it is clear to me that he has a passion for Securian and
our culture," Senkler said. "His selection as our next CEO demonstrates
the board's trust in his stewardship and leadership capabilities. I am
confident that under Chris's leadership we will continue Securian's
record of excellence."
Hilger holds a bachelor's degree from Indiana University (News - Alert). Although he
grew up in Indianapolis, Hilger was born in St. Paul and has deep roots
in the community. He currently serves on the board of Minnesota
Philanthropy Partners and is a former member of the board of the
American Bankers Insurance Association.
"It's an honor to be asked to lead a company with such strong values and
an unwavering commitment to its customers, associates and community,"
said Hilger. "Securian is well positioned for the future, and I look
forward to building on our legacy of success."
Senkler, a 40-year veteran of the company, has served as chief executive
officer since July 1994. Under his direction, Securian maintained its
position as one of the highest rated insurers in America and enjoyed
consistent growth. The insurance protection the company provides grew at
a compound annual rate of 12 percent to more than $1 trillion and assets
under management quadrupled. The company expanded its headquarters in
downtown St. Paul to over one million square feet of office space, and
its national workforce grew to more than 3,700 employees.
Since 1880, Securian
Financial Group and its affiliates have provided financial security
for individuals and businesses in the form of insurance, investments and
retirement plans. Now one of the nation's largest financial services
providers, it is the holding company parent of a group of companies that
offer a broad range of financial services.
Securian Financial Group, Inc. www.securian.com.
400 Robert Street North, St. Paul MN, 55101-2098
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