Farmers Insurance coverage procedures has appointed Thomas Noh (pictured) to give as the new main financial officer of the Farmers Insurance coverage Exchanges – three reciprocal insurers (Farmers Insurance coverage procedures Trade, Fireside Insurance coverage protection Trade and Truck Protection Trade) that are owned by their policyholders.
Noh replaces Ron Myhan, who has served Farmers Insurance coverage protection for nearly 40 a lot of several years.
Thinking about the truth that turning out to be a member of Farmers in 1996 as a qualified in the accounting division, Noh has held a amount of positions in finance. He most just recently served as head of statements analytics and trade finance tactic. Prior to signing up for Farmers, Noh labored for firms this form of as Govt Lifetime, Transamerica and Allianz.
Noh also served in the US Armed forces Reserve, retiring as a Lieutenant Colonel just right after shelling out 24 several years as a finance and civil affairs officer.
“Thomas Noh’s deep economic expertise and breadth of simple expertise with Farmers will make him the very best distinctive to be principal financial officer (CFO) of the Exchanges,” commented Farmers Insurance coverage procedures Trade board of governors chair Alan Gildemeister in a assertion.
Gildemeister also expressed the company’s a lot of many thanks to Myhan for his a lot of contributions earlier mentioned his extended job as CFO of the exchanges.