Current Executive Vice President and Chief
Financial Officer Chris Peirce Announces Retirement at End of
2024
BOSTON, July 25,
2024 /PRNewswire/ -- Liberty Mutual Insurance
President and Chief Executive Officer Tim
Sweeney today announced that Julie
Haase has been named Executive Vice President and Chief
Financial Officer, effective Jan. 1,
2025. With this appointment, Haase joins the company's
executive leadership team and will report to Sweeney.
Haase is currently Executive Vice President, Executive Managing
Director and Chief Operating Officer of Liberty Mutual Investments
(LMI), the globally invested, multi-strategy firm that manages
capital for Liberty Mutual. In this role, she is responsible for
the delivery of LMI's investment enabling services, which include
building new capabilities as well as accelerating the alignment of
administration, operations, finance, compliance and technology.
Haase joined Liberty Mutual in 2002 as a financial analyst and
held various roles of increasing responsibility within the
Corporate and Personal Insurance Finance organizations. In 2011,
she joined Personal Lines Distribution to build out the
organization's strategy and analytics capabilities and later led a
portion of the U.S. local sales and service operations. In 2014,
Haase was named Chief Financial Officer for the company's Personal
Insurance division with her role expanding over the next several
years to include global operations and U.S. small commercial for
Global Retail Markets.
She has also been in a leadership role for WE@Liberty, the
company's employee resource group supporting women and allies,
since 2015. Haase holds a Master of Business Administration from
Babson College and a Bachelor of
Science in Management from Providence
College. She is also a graduate of the insurance executive
development program at the Wharton School of the University of Pennsylvania and is a Board member of
Women's Lunch Place, a Boston-based non-profit organization that
supports the development of self-sustaining skills for women
experiencing hunger, homelessness and poverty.
"I've had the opportunity to work with Julie for many years and
know her broad experience and in-depth technical expertise across a
variety of finance and business functions will help drive continued
success for Liberty Mutual," said Sweeney. "Julie has proven time
and again that she's an exceptional leader who has the unique
ability to build trust while also being a catalyst for positive
change within the organization."
Executive Vice President and Chief Financial Officer Chris
Peirce Announces Retirement
The company's current Executive Vice President and Chief
Financial Officer Chris Peirce
announced he will retire at the end of 2024. Peirce held multiple
leadership roles during his notable, nearly three-decade career at
Liberty Mutual, including President of the Global Specialty and
Commercial Markets business units, as well as various financial
roles within Liberty International, including Chief Financial
Officer from 2006 to 2011. He joined the company in 1995 as a
manager in the Corporate Financial group and prior to this, was as
a tax manager with global accounting organization KPMG.
Under Peirce's leadership, he stewarded the company's financial
health and provided influential insights and counsel to Liberty
Mutual's board of directors and executive leadership team. During
his tenure, Peirce impacted all areas of the organization's finance
function, including corporate accounting and reporting, planning
and capital management, corporate taxation, treasury, enterprise
risk management, and global mergers and acquisitions. He also
served in an influential leadership position for Valor@Liberty, the
company's employee resource group that supports active military
members, veterans and allies.
"Chris has been an integral member of the Liberty Mutual
executive leadership team and has made significant contributions to
our company over the last 30 years," said Sweeney. "I appreciate
his thoughtful approach to challenging the status quo and his
dedicated support of our important Diversity, Equity and Inclusion
efforts, especially his passion and commitment toward our employee
military community, which is a lasting part of his legacy. I'm
personally grateful for his counsel and friendship and wish him the
very best in his next chapter."
"I'm incredibly proud to have been part of Liberty Mutual for
the past three decades. Over the years, it's been my privilege to
help build our international business, bring together and oversee
our Global Specialty teams and lead our global finance function,"
said Peirce. "Julie's extensive experience and fresh perspective
will be a tremendous addition to the company's executive leadership
team as they continue driving the organization forward. I am
grateful to have worked with so many extraordinary colleagues and
would also like to thank Tim and Board Chairman David Long for their leadership, counsel and
mentorship."
About Liberty Mutual Insurance
At Liberty Mutual, we believe progress happens when people feel
secure. By providing protection for the unexpected and delivering
it with care, we help people embrace today and confidently pursue
tomorrow.
In business since 1912, and headquartered in Boston, today we are the eighth largest global
property and casualty insurer based on 2023 gross written premium.
We also rank 87 on the Fortune 100 list of largest corporations in
the US based on 2023 revenue. As of December
31, 2023, we had $49.4 billion
in annual consolidated revenue.
We employ over 45,000 people in 29 countries and economies
around the world. We offer a wide range of insurance products and
services, including personal automobile, homeowners, specialty
lines, reinsurance, commercial multiple-peril, workers
compensation, commercial automobile, general liability, surety, and
commercial property.
For more information, visit
www.libertymutualinsurance.com.
Contact:
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Liberty Mutual Media
Relations
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mediarelations@libertymutual.com
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SOURCE Liberty Mutual Insurance