Cincinnati Financial Corporation announced that on January 28, 2022, its U.S. subsidiary companies held their regular shareholder and board meetings, electing directors and officers. Stephen M. Spray, senior vice president and chief insurance officer, was promoted to president of all U.S. subsidiary companies. He also was elected to the board of CFC Investment Company and appointed to the executive committee of the board of directors of the property casualty insurance subsidiaries.
Marc J. Schambow, CPCU, AIM, ASLI, senior vice president and chief claims officer, was elected to the boards of all property casualty insurance subsidiaries. The corporate officers were promoted to Executive Vice President: Teresa C. Cracas, Esq. Chief Risk Officer; Martin F. Hollenbeck, CFA, CPCU Chief Investment Officer; John S. Kellington Chief Information Officer; Lisa A. Love, Esq.
Chief Legal Officer and Corporate Secretary; Michael J. Sewell, CPA Chief Financial Officer. In addition, the subsidiary boards recognized the promotions of the business officers: Promotion to Chief Actuary and Senior Vice President: Luyang Fu, Ph.D., FCAS Pricing Analytics & Risk Management. Promotions to Associate Corporate Counsel: Michael A. Burke, FLMI Corporate Legal and Todd D. Hilgeman Corporate Legal.