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RIMS CEO Roth announces retirement plans



The Risk & Insurance Management Society Inc. said on Friday that CEO Mary Roth will retire after next year's annual conference after more than 17 years in office.

RIMS 'board and a specially formed search committee will work with executive search firm Russell Reynolds Associates Inc. to find Roth's successors, the New York-based organization said in a statement.

The timeline is fluid and Roth will not leave his role until a suitable candidate is in place and the transition is complete, RIMS said.

RIMS Annual Conference and Exhibition is scheduled for April 10-13 next year in San Francisco.

Ms. Roth's retirement plans were already underway in 201

9, but she decided to delay the announcement and continue to lead the organization through the challenges of the COVID-19 pandemic, RIMS said.

Ms. Roth joined RIMS in 1985 as Head of Membership and served in various roles before being appointed Deputy CEO in 1999. In 2004, she was named Chief Operating Officer and later that year she chose to lead the organization as CEO. Roth is only the fifth CEO in RIMS '71-year history and the second woman to serve as CEO.

In a letter to RIMS members, Roth said the decision was "heartbreaking" but that "Strategic ingenuity" in RIMS 'board and staff will continue to "strengthen society's position as the world's leading risk management association."

RIMS 2021 President Ellen Dunkin said in the statement: “The best way the RIMS Board can thank Mary for all she has given to this community is to ensure that this transition process is carried out flawlessly.

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