Philadelphia Insurance Cos. On Monday, he appointed President John W. Glomb as CEO from January 1, succeeding current CEO Bob O & # 39; Leary, who is resigning.
Mr. O & # 39; Leary, who has served as CEO since 2013, will continue in his role as chairman of the board, said Bala Cynwyd, Pennsylvania-based insurer in a statement.
Mr. Glomb joined Philadelphia Insurance in 2007 as senior vice president of division management and professional responsibility.
He was named Chief Insurance Officer in 2011, after which Philadelphia launched new safety, corporate insurance, environment, surplus and surplus, as well as accident and health departments. The insurer also extended its guarantee for small businesses.
"I've had a lot of fun as CEO over the last eight years, but now it's time for a new era to begin," O & # 39; Leary said in the statement. John's leadership and contributions have helped PHLY grow in size and maintain its unique culture. I look forward to continuing to support him and his team as chairman. ”