FOR IMMEDIATE RELEASE
MAITLAND, FL (May 29, 2019) – FFVA Mutual President and CEO Craig Menzl announced today that he will retire January 2020, and that current CFO Alan Hair, will take over as President and CEO.
Hair is already a leading member of the executive team, serving as the Secretary/Treasurer and CFO, and participating in strategic and operational planning. He has over 30 years working for FFVA Mutual and currently oversees all accounting and finance, information technology, risk management and personnel matters. A licensed CPA, Hair is a graduate of the University of Central Florida with a B.S.B.A. in Accounting and holds the Chartered Global Management Accountant (CGMA) designation from the American Institute of Certified Public Accountants. In addition, he serves on the board of directors for the Florida Workers Compensation Insurance Guarantee Association, Orlando Sports Foundation and several other charitable organizations.
“Alan is uniquely qualified to guide FFVA Mutual into the future and has a strong grasp of workers’ comp industry-related issues that are important to our agents, policyholders and vendors,” said Menzl.
Menzl’s varied accomplishments during his 19 years of leadership have significantly contributed to FFVA Mutual’s growth—measured by a nearly 600% increase in policyholder surplus from 27.9 million to 161.8 million and a five-fold increase in the number of employees.
“Craig’s monumental efforts and contributions took FFVA Mutual from a single-state self-insured fund to a financially-strong and regional mutual insurance company licensed in ten states,” said FFVA Mutual Board Chairman Les W. Dunson, III. “We’re grateful for his leadership, integrity and stewardship over the years.”
Menzl will stay onboard through January 10 to provide a smooth transition.
About FFVA Mutual
FFVA Mutual is a Florida-based regional insurance carrier specializing in workers’ compensation solutions since 1956. Rated A- (Excellent), FSC VIII by A.M. Best, the company insures a variety of industries and writes business in ten states (AL, FL, GA, IN, KY, MS, NC, SC, TN, and VA). More information about FFVA Mutual is available at https://www.ffvamutual.com/ and on Facebook, LinkedIn and Twitter.
# # #