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We couldn’t be extra enthusiastic about Thommy becoming a member of our management workforce,” mentioned Steve Lekas, co-founder and CEO of Department Insurance coverage. “His complete understanding of insurance coverage distribution fashions and his expertise as a pacesetter, mentor and investor shall be important to our continued progress.”
“Department is in a category by itself, combining best-in-class know-how with a deep core competency in insurance coverage, creating an thrilling runway for continued progress,” Guerrero mentioned. “I’m thrilled to be becoming a member of Steve and the Department management workforce on this thrilling journey.
I stay up for serving to Department construct lasting relationships with clients and monetary companions as the corporate continues to increase into new product and geographic areas.”
Learn subsequent: Department Insurance coverage raises $50 million in Sequence B funding
Anderson joins the Department board of administrators with in depth expertise in management and enterprise administration. After serving two excursions of obligation with the Military’s 1st Cavalry Division in Vietnam, Anderson started his enterprise profession with Common Motors on the Pontiac Motor Division, and ultimately rose to develop into a basic director in GM’s Fisher Information Division.
After 13 years with GM, Anderson left to develop into president of Composite Power Administration Programs, Inc. He’s at the moment the bulk proprietor, chairman and CEO of TAG Holdings, which owns a number of manufacturing, service and technology-based firms. Since its founding, TAG Holdings has engaged in 15 acquisitions and joint ventures.
Anderson’s previous board and upper-management positions embrace chairman and director roles at a number of firms together with USAA, RiteAid, the Enterprise Leaders for Michigan, the Federal Reserve Financial institution of Chicago-Detroit Department, and the US Division of Commerce Manufacturing Council.
“Large targets require large expertise, and we couldn’t have discovered a greater match with what we’re doing than Joe,” Lekas mentioned. “Along with his years of expertise, within the quick time he has served on our board of administrators, Joe’s counsel and expertise have proved important to each me and to Department. Joe is aligned with Department’s targets and his management strengthens our board and brings useful views to our rising firm.”
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