Liberty Mutual Insurance has announced the appointment of Julie Haase as Executive Vice President and Chief Financial Officer, effective Jan 1, 2025.
She will be taking over the role from Chris Peirce, the company’s current EVP and CFO, as he is to retire at the end of 2024.
With this appointment, Haase will be joining Liberty Mutual’s executive leadership team and will report to President and Chief Executive Officer Tim Sweeney, who commented: “I’ve had the opportunity to work with Julie for many years and know her broad experience and in-depth technical expertise across a variety of finance and business functions will help drive continued success for Liberty Mutual.
“Julie has proven time and again that she’s an exceptional leader who has the unique ability to build trust while also being a catalyst for positive change within the organisation.”
Haase joined LibertyMutual in 2002 as a financial analyst and held various roles of increasing responsibility within the Corporate and Personal Insurance Finance organisations.
She currently serves as Executive Vice President, Executive Managing Director and Chief Operating Officer of Liberty Mutual Investments (LMI), the globally invested, multi-strategy firm that manages capital for Liberty Mutual.
In this role, she is responsible for the delivery of LMI’s investment enabling services, which include building new capabilities as well as accelerating the alignment of administration, operations, finance, compliance and technology.
Through her tenure at Liberty Mutial, Haase has been part of the Personal Lines Distribution team, where she was tasked to build out the organisation’s strategy and analytics capabilities and later led a portion of the U.S. local sales and service operations.
In 2014, the executive was named Chief Financial Officer for the company’s Personal Insurance division with her role expanding over the next several years to include global operations and US small commercial for Global Retail Markets.
She has also been in a leadership role for WE@Liberty, the company’s employee resource group supporting women and allies, since 2015.
Haase will take over the EVP and CFO role following Peirce’s retirement, who has been with Liberty Mutual for nearly three decades.
During this time, he has held multiple leadership roles, including President of the Global Specialty and Commercial Markets business units, as well as various financial roles within Liberty International, including Chief Financial Officer from 2006 to 2011.
He joined the company in 1995 as a manager in the Corporate Financial group and prior to this, was as a tax manager with global accounting organisation KPMG.
Sweeney stated: “Chris has been an integral member of the Liberty Mutual executive leadership team and has made significant contributions to our company over the last 30 years.
“I appreciate his thoughtful approach to challenging the status quo and his dedicated support of our important Diversity, Equity and Inclusion efforts, especially his passion and commitment toward our employee military community, which is a lasting part of his legacy. I’m personally grateful for his counsel and friendship and wish him the very best in his next chapter.”
“I’m incredibly proud to have been part of Liberty Mutual for the past three decades. Over the years, it’s been my privilege to help build our international business, bring together and oversee our Global Specialty teams and lead our global finance function,” said Peirce.
Adding: “Julie’s extensive experience and fresh perspective will be a tremendous addition to the company’s executive leadership team as they continue driving the organization forward. I am grateful to have worked with so many extraordinary colleagues and would also like to thank Tim and Board Chairman David Long for their leadership, counsel and mentorship.”
