The Hanover ends its search for a new chief financial officer
The Hanover has announced the appointment of Jeffrey M. Farber as the insurance carrier’s executive vice president and chief financial officer. Mr. Farber will officially join the Worcester-based insurer on October 1st as executive vice president and senior finance officer, before assuming the role of chief financial officer on or about November 4th.
We are very excited to have Jeff join our company,” said Joseph M. Zubretsky, president and chief executive officer at The Hanover. “He brings a wealth of financial leadership experience in the property and casualty and asset management businesses, expertise in strategic planning and business development, risk and capital management, along with international experience. Jeff is a great addition to our leadership team. He will play an important role as we build on our company’s excellent market position, delivering strong and sustainable profitable growth, and generating superior value for all of our stakeholders.”
Mr. Farber is joining The Hanover from AIG
Mr. Farber, 52, joins The Hanover from AIG where he spent the past five years as the deputy chief financial officer and chief risk officer for the company’s commercial and consumer business. Prior to AIG, he was the chief financial officer of GAMCo Investors, Inc., a publicly traded asset manager. Other positions Mr. Farber has held during his 30-year career in the insurance and financial services industries include senior accounting roles at The Bear Stearn Companies as well as Deloitte & Touche LLP, where he first began his career later rising to partner in the firm.
In his new role at The Hanover, Mr. Farber will succeed Eugene M. Bullis, who has been serving as executive vice president and interim chief financial officer at The Hanover. Mr. Bullis has held this interim position since October 2015, after the unexpected passing of the company’s chief financial officer. According to the company, Mr. Bullis will work alongside Mr. Farber until November 11th to ensure a smooth transition of financial leadership. Mr. Zubretsky noted Mr. Bullis’ contribution during a time of transition at the company until it was able to find the right candidate.
Gene has provided outstanding financial leadership for our organization over the past year,” said Mr. Zubretsky. “We thank Gene for his guidance and oversight, and we wish him the very best.”