Kirt Walker has been named Chief Government Officer-elect of Nationwide. He'll assume the highest management position on the Columbus, Ohio-based insurance coverage and monetary providers supplier on Oct. 1, 2019, succeeding CEO Steve Rasmussen, who earlier this spring introduced his choice to retire within the fall.
Walker, with the Nationwide household of firms for 33 years, has served because the President and Chief Working Officer of Nationwide's monetary providers enterprise traces since 2009. He served 23 years within the property and casualty enterprise, together with roles as President and Chief Working Officer of Nationwide Insurance coverage and President of Allied Insurance coverage, Nationwide's former impartial company subsidiary.
Nationwide's Board of Administrators chosen Walker following an in depth search course of.
"Nationwide has loved super progress and momentum over the previous 10 years with Steve on the helm. Kirt Walker has the distinctive expertise and imaginative and prescient to construct upon that momentum and lead our firm to new heights and a brilliant future," stated Tim Corcoran, chairman of the Board. "The corporate is well-positioned to develop its core companies and proceed to satisfy the long run wants of our members and companions with new and revolutionary merchandise and options."
Walker has been with Nationwide since 1986, serving in varied management positions. He'll report back to Rasmussen and Corcoran till October to facilitate a easy transition and on-boarding.
"I am humbled and proud to steer this nice firm and iconic model," Walker stated. "Within the days to return, I sit up for working with Steve Rasmussen, our Board of Administrators and the manager management staff to transition into my new position. I usually discuss to our individuals about Nationwide's unfair benefit over our opponents. It begins with our mutual heritage and our numerous portfolio, and it's fueled by our robust tradition of caring for our members, companions, communities and one another. I am extremely optimistic about our future."
Walker is lively in quite a lot of trade and neighborhood organizations. He at the moment serves as a board member for the American Institute for Chartered Property Casualty Underwriters, the American Council of Life Insurers and the Affiliation of Ohio Life Insurance coverage Corporations. Kirt additionally serves on the American Purple Cross Board of Governors, the Columbus State Group School Board of Trustees, and the Board of Administrators for the Mid-Ohio Foodbank. He has additionally served as a member of the Board of Administrators for White Citadel restaurant firm. He beforehand served as a board member of the American Purple Cross of Higher Columbus, the New Albany Basis, the Higher Des Moines Partnership and as a trustee for Grand View School in Des Moines.
"I've watched as Kirt has devoted himself to this firm for the final 33 years," stated Rasmussen. "As I mirror on our time working collectively, he has been an impressive scholar of our enterprise and he believes in Nationwide, our tradition and our individuals. Kirt spent 23 years of his profession excelling in our property & casualty enterprise, after which seamlessly shifted to steer monetary providers for 10 years – producing report progress and income 12 months after 12 months. He is aware of our enterprise higher than anybody and that offers me nice confidence in the place Nationwide goes from right here."
Walker is a graduate of Iowa State College the place he earned a Bachelor of Arts diploma in administration. He additionally holds a Grasp of Science in administration with an emphasis in management from The American School.
Corcoran concluded, "We're assured in our future beneath Kirt's management and respect the distinction Steve has made throughout his 45 years with the Nationwide household."
About Nationwide
Nationwide, a Fortune 100 firm primarily based in Columbus, Ohio, is likely one of the largest and strongest diversified insurance coverage and monetary providers organizations in the US. Nationwide is rated A+ by each A.M. Greatest and Normal & Poor's. An trade chief in driving customer-focused innovation, Nationwide gives a full vary of insurance coverage and monetary providers merchandise together with auto, enterprise, owners, farm and life insurance coverage; private and non-private sector retirement plans, annuities and mutual funds; extra & surplus, specialty and surety; pet, bike and boat insurance coverage. For extra data, go to www.nationwide.com. Comply with us on Fb and Twitter.
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