After more than 30 years of service to The Hanover Insurance Group’s (THG) board of directors longtime Chairman Michael P. Angelini has announced his retirement, effective May 16th, 2018. The governance guidelines of THG prohibit the continuation of directors beyond the age of 75.
Having joined Hanover’s board in 1995 Angelini went on to serve as their first Chairman from 2002 to 2007 and has played a fundamental role in the evolution the company from a regional property and casual insurer, to a leading provider of personal, commercial and speciality insurance lines in the United States. Angelini has also served as a member of Hanover’s audit, compensation, and nominating and corporate governance committee alongside his role as Chairman.
President and Chief Executive Officer (CEO) at The Hanover John C. Roche said: “Mike has served our company with great distinction. He has made an exceptional contribution over his more than 30 years on our board, providing great vision, leadership, insight and business acumen. We thank Mike for his unwavering dedication to our company and our many stakeholders, and we wish him the best.”
Angelini added, “It has been a great privilege to serve as a leader of this exceptional institution. I deeply appreciate having had the opportunity to work with so many talented professionals to advance The Hanover’s mission and to have participated in the progress of what is now a world class organisation. I am very confident the company will continue to thrive, building on its unique business model, the strength of its workforce and its cultural dedication to excellence and inclusiveness.”