The Senior Vice President (SVP) & Chief Financial Officer (CFO) of RLI Corp., Thomas L. Brown, is leaving the company on July 1st, 2019 after eight years with the firm.
He joined in 2011 as Vice President (VP) and CFO, and subsequently led the company’s financial strategy, planning, and management operations. He was promoted to his current position in 2017.
RLI Corp. Chairman & Chief Executive Officer (CEO), Jonathan E. Michael, said: “Tom’s deep expertise and strong financial stewardship has contributed significantly to the success of our company. On behalf of our board of directors and the company, I would like to thank Tom for his leadership and contributions.”
In light of Brown’s departure, Todd W. Bryant, VP, Finance & Controller, has been promoted to CFO, replacing Brown when he retires later in the year. Bryant has been with the firm since 1993, and was VP, Finance & Controller, in 2009.
Furthermore, effective July 1st, Seth A. Davis, VP, Corporate Services, will assume the role of VP, Controller. And Kathleen A. Taylor, Assistant Vice President (AVP), Reinsurance Accounting and Cash Operations has been promoted to VP, Accounting Operations.
“We are fortunate to have three strong successors that will facilitate a seamless transition in this critical area of our business.
“Todd, Seth and Kathleen bring a wealth of experience, demonstrated leadership and deep understanding of RLI’s business to their new roles. I’m confident in their ability to help drive RLI’s future growth and continued value creation for our shareholders,” said Michael.