Reinsurance News

Kemper elects United Airlines CFO Laderman as director

7th February 2020 - Author: Staff Writer

US insurer Kemper has announced the appointment of Gerald Laderman as director, effective February 20.

Gerry_Laderman_2020Laderman currently serves as Chief Financial Officer and executive vice president of United Airlines, and oversees the development of the firm’s overall financial strategy including cost management, capital allocation and balance sheet optimisation.

He brings over 30 years’ experience in the airline industry and he has served in senior leadership roles at United, Continental Airlines and Texas Air.

“Gerry’s deep financial expertise and strategic leadership make him an ideal candidate for Kemper’s board,” said Board Chairman Robert J. Joyce.

“His long tenure with United in numerous high-profile positions will give us valuable perspective, and we are confident he will make a meaningful contribution.”

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Laderman will be a member of the board’s Audit Committee, and his appointment expands the board to 10 directors, eight of whom are independent.

“We are pleased to welcome Gerry to our board,” said Joseph P. Lacher, Jr., president and Chief Executive Officer.

“His tremendous experience and focus on financial success complements that of our current board and will benefit the company as we continue to grow. I look forward to working alongside Gerry and know he will serve Kemper well.”

Commenting on his appointment, Laderman said, “It’s an exciting time for Kemper and I’m pleased to join their board.

“I look forward to working with my fellow board members and the senior leadership team to execute on the strategic plan and participate in Kemper’s continued growth.”

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