{"id":384516,"date":"2020-11-18T16:46:21","date_gmt":"2020-11-18T21:46:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384516"},"modified":"2020-11-18T16:46:21","modified_gmt":"2020-11-18T21:46:21","slug":"the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors\/","title":{"rendered":"The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span><\/p>\n<p>\n            <span><br \/>\n              <span class=\"xn-location\">WORCESTER, Mass.<\/span><br \/>\n            <\/span>, <span class=\"xn-chron\">Nov. 18, 2020<\/span> \/PRNewswire\/ &#8212; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987111-1&amp;h=2022010736&amp;u=http%3A%2F%2Fwww.hanover.com%2F&amp;a=The+Hanover+Insurance+Group%2C+Inc.\" rel=\"nofollow noopener noreferrer\">The Hanover Insurance Group, Inc.<\/a> (NYSE: THG) today announced the company&#8217;s board of directors has accelerated its previously disclosed leadership transition plan by electing current board vice chair <span class=\"xn-person\">Cynthia L. Egan<\/span> as chair, effective <span class=\"xn-chron\">December 1<\/span>. Egan was elected vice chair in February, with the expectation she would become chair in <span class=\"xn-chron\">May 2021<\/span>, following the mandatory retirement of current chair P. <span class=\"xn-person\">Kevin Condron<\/span>, in accordance with board policy due to age.\u00a0 The transition plan was adopted and announced by the board in February of this year under Condron&#8217;s leadership, and its acceleration will allow for overlap and transition support prior to his expected retirement in 2021.<\/p>\n<p>        <\/span>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/511273\/PRN_THE_HANOVER_INSURANCE_GROUP_INC_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/511273\/PRN_THE_HANOVER_INSURANCE_GROUP_INC_Logo.jpg\" title=\"The Hanover Insurance Group, Inc. Logo.  (PRNewsFoto\/The Hanover Insurance Group, Inc.) (PRNewsfoto\/The Hanover Insurance Group, In)\" alt=\"The Hanover Insurance Group, Inc. Logo.  (PRNewsFoto\/The Hanover Insurance Group, Inc.) (PRNewsfoto\/The Hanover Insurance Group, In)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <span>The Hanover President and CEO <span class=\"xn-person\">John C. Roche<\/span> thanked Condron, who will remain on the board until his retirement next year, for his guidance, leadership and board service over the past 13 years. &#8220;For more than a decade, Kevin has brought tremendous leadership and counsel, unparalleled wisdom and keen business judgment to The <span class=\"xn-location\">Hanover<\/span> board, as well as to the business community as a whole,&#8221; said Roche. &#8220;We look forward to his continued board involvement and perspective as past chair as we advance our mission and deliver on our promises to our shareholders and other stakeholders.&#8221; Roche also noted<\/span> &#8220;<span>As we approach year end and the company begins to implement its plans for 2021 and beyond, we have every confidence that Cynthia will bring the same energy and leadership, as well as her broad public company experience, to the role of chair as she demonstrated as vice chair.&#8221;<\/span><\/p>\n<p>\n        <span>Egan was president of retirement plan services for T. Rowe Price Group, a global investment management organization, from 2007 until her retirement in 2012. Before joining T. <span class=\"xn-person\">Rowe Price<\/span>, she held senior positions with Fidelity Investments, a multinational financial services corporation, from 1989 to 2007, including executive vice president, head of Fidelity&#8217;s Institutional Services Company, president of the Fidelity Charitable Gift Fund, and executive vice president of Fidelity Management Research Co. Egan is a director of UNUM Corporation, Huntsman Corporation, and the BlackRock Fixed Income Funds Complex, as well as chair of the board of visitors of the <span class=\"xn-org\">University of Maryland School of Medicine<\/span>.<\/span>\n      <\/p>\n<p>\n        <b><br \/>\n          <span>About The <span class=\"xn-location\">Hanover<\/span><\/span><br \/>\n        <\/b><br \/>\n        <br \/>\n        <span>The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in <span class=\"xn-location\">the United States<\/span>. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The <span class=\"xn-location\">Hanover<\/span> offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987111-1&amp;h=1951380583&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2347873-1%26h%3D1948833085%26u%3Dhttp%253A%252F%252Fwww.hanover.com%252F%26a%3Dhanover.com&amp;a=hanover.com\" rel=\"nofollow noopener noreferrer\"><span>hanover.com<\/span><\/a><\/span><br \/>\n        <span>.<\/span>\n      <\/p>\n<div>\n<table id=\"convertedTable75d0\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <span class=\"prnews_span\">CONTACTS:<\/span><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u><br \/>\n                    <span class=\"prnews_span\">Investors:<\/span><br \/>\n                  <\/u>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Media:<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Oksana Lukasheva\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Michael F. Buckley\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Emily Trevallion<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(508) 855-2063\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(508) 855-3099\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(508) 855-3263<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:olukasheva@hanover.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">olukasheva@hanover.com<\/a> \u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:mibuckley@hanover.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">mibuckley@hanover.com<\/a> \u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:etrevallion@hanover.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">etrevallion@hanover.com<\/a>\u00a0 <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <span \/>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY97193&amp;sd=2020-11-18\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors-301176487.html\">http:\/\/www.prnewswire.com\/news-releases\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors-301176487.html<\/a><\/p>\n<p>SOURCE  The Hanover Insurance Group, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY97193&amp;Transmission_Id=202011181642PR_NEWS_USPR_____NY97193&amp;DateId=20201118\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire WORCESTER, Mass. , Nov. 18, 2020 \/PRNewswire\/ &#8212; The Hanover Insurance Group, Inc. (NYSE: THG) today announced the company&#8217;s board of directors has accelerated its previously disclosed leadership transition plan by electing current board vice chair Cynthia L. Egan as chair, effective December 1. Egan was elected vice chair in February, with the expectation she would become chair in May 2021, following the mandatory retirement of current chair P. Kevin Condron, in accordance with board policy due to age.\u00a0 The transition plan was adopted and announced by the board in February of this year under Condron&#8217;s leadership, and its acceleration will allow for overlap and transition support prior to his expected retirement in 2021. The Hanover President and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384516","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire WORCESTER, Mass. , Nov. 18, 2020 \/PRNewswire\/ &#8212; The Hanover Insurance Group, Inc. (NYSE: THG) today announced the company&#8217;s board of directors has accelerated its previously disclosed leadership transition plan by electing current board vice chair Cynthia L. Egan as chair, effective December 1. Egan was elected vice chair in February, with the expectation she would become chair in May 2021, following the mandatory retirement of current chair P. Kevin Condron, in accordance with board policy due to age.\u00a0 The transition plan was adopted and announced by the board in February of this year under Condron&#8217;s leadership, and its acceleration will allow for overlap and transition support prior to his expected retirement in 2021. The Hanover President and &hellip; Continue reading &quot;The Hanover Insurance Group, Inc. Elects Cynthia L. 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Elects Cynthia L. Egan to Chair its Board of Directors - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors\/","og_locale":"en_US","og_type":"article","og_title":"The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors - Market Newsdesk","og_description":"PR Newswire WORCESTER, Mass. , Nov. 18, 2020 \/PRNewswire\/ &#8212; The Hanover Insurance Group, Inc. (NYSE: THG) today announced the company&#8217;s board of directors has accelerated its previously disclosed leadership transition plan by electing current board vice chair Cynthia L. Egan as chair, effective December 1. Egan was elected vice chair in February, with the expectation she would become chair in May 2021, following the mandatory retirement of current chair P. Kevin Condron, in accordance with board policy due to age.\u00a0 The transition plan was adopted and announced by the board in February of this year under Condron&#8217;s leadership, and its acceleration will allow for overlap and transition support prior to his expected retirement in 2021. The Hanover President and &hellip; Continue reading \"The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-18T21:46:21+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/511273\/PRN_THE_HANOVER_INSURANCE_GROUP_INC_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-hanover-insurance-group-inc-elects-cynthia-l-egan-to-chair-its-board-of-directors\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Hanover Insurance Group, Inc. 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