People: Cincinnati Financial Corp (CINF.O)

CINF.O on Nasdaq

47.93USD
24 May 2013
Price Change (% chg)

$0.18 (+0.38%)
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$47.75
Open
$47.48
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$47.94
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$47.13
Volume
597,440
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659,986
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$50.60
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Summary

Name Age Since Current Position

Kenneth Stecher

66 2011 Chairman of the Board

Steven Johnston

53 2011 President, Chief Executive Officer, Director

Michael Sewell

49 2011 Chief Financial Officer, Senior Vice President, Treasurer of the Company and The Cincinnati Insurance Company

David Popplewell

69 President and Chief Operating Officer of The Cincinnati Life Insurance Company

Martin Hollenbeck

53 2009 Senior Vice President, Chief Investment Officer, Assistant Treasurer, Assistant Secretary

Lisa Love

53 2011 Senior Vice President, General Counsel, Corporate Secretary of the Company and The Cincinnati Insurance Company

Eric Mathews

57 2008 Principal Accounting Officer, Vice President, Assistant Treasurer, Assistant Secretary

Teresa Cracas

47 2011 Senior Vice President and Chief Risk Officer of The Cincinnati Insurance Company

Donald Doyle

46 2008 Senior Vice President of The Cincinnati Insurance Company

John Kellington

51 2010 Senior Vice President and Chief Information Officer of The Cincinnati Insurance Company

Martin Mullen

57 2008 Chief Claims Officer and Senior Vice President of The Cincinnati Insurance Company

Jacob Scherer

60 2012 Chief Insurance Officer, Executive Vice President of The Cincinnati Insurance Company

Joan Shevchik

62 Senior Vice President of The Cincinnati Insurance Company

Stephen Spray

46 2012 Senior Vice President of The Cincinnati Insurance Company

Charles Stoneburner

60 2008 Senior Vice President of The Cincinnati Insurance Company

Timothy Timmel

64 Senior Vice President of The Cincinnati Insurance Company

William Bahl

61 2012 Lead Independent Director

John Schiff

69 2011 Director

Thomas Schiff

65 1975 Director

Larry Webb

57 1979 Director

Gregory Bier

66 2006 Independent Director

Linda Clement-Holmes

50 2010 Independent Director

Dirk Debbink

57 2012 Independent Director

Kenneth Lichtendahl

64 1998 Independent Director

W. Rodney McMullen

52 2001 Independent Director

Gretchen Price

58 2002 Independent Director

Douglas Skidmore

50 2004 Independent Director

John Steele

59 2005 Independent Director

E. Anthony Woods

72 1998 Independent Director

Dennis McDaniel

Vice President, Investor Relations Officer

Biographies

Name Description

Kenneth Stecher

Mr. Kenneth W. Stecher is Chairman of the Board of Cincinnati Financial Corp. Mr. Stecher was the president and chief executive officer of the company and its lead subsidiary, The Cincinnati Insurance Company, from 2008 to 2011. For both companies, he was chief financial officer from 2001 to 2008 and executive vice president from 2006 to 2008. He also was chairman of the lead subsidiary from 2006 to 2008. He served as senior vice president for both companies until 2006, beginning in 1999 for the company and in 1997 for its lead subsidiary. He was secretary of both companies from 1999 to 2008, and treasurer for the company from 1999 to 2008. Mr. Stecher advanced through the ranks of the company’s life insurance subsidiaries from 1967 to 1982, when his responsibilities within the accounting area broadened to include property casualty insurance accounting. He is a trustee since 2009 of the American Institute for Chartered Property Casualty Underwriters, and past president of the Insurance Accounting & Systems Association, Southwestern Ohio Chapter. He earned a Master of Business Administration in finance from Xavier University after graduating from the University of Cincinnati with a Bachelor of Science degree in Accounting.

Steven Johnston

Mr. Steven J. Johnston, FCAS, MAAA, CFA, is President, Chief Executive Officer, Director of Cincinnati Financial Corp. Mr. Johnston has been chief executive officer of the company and all subsidiaries, and president of the company and its lead subsidiary, The Cincinnati Insurance Company, since 2011. From 2008 to 2011, he was chief financial officer, senior vice president and secretary for both the company and The Cincinnati Insurance Company, and treasurer of the company. Former chief financial officer of State Auto Insurance Company, he has more than 25 years of property casualty insurance experience, including a broad background in accounting, finance, actuarial, reinsurance, technology, investments and management of investor and ratings agency relationships. He also served as a director and chairman of the investment committee for State Automobile Mutual Insurance Company. A graduate of Otterbein University, he is a Fellow of the Casualty Actuarial Society, where he served as a member of the audit committee and chairman of the investment and enterprise risk committees.

Michael Sewell

Mr. Michael J. Sewell, CPA, is Chief Financial Officer, Senior Vice President, Treasurer of Cincinnati Financial Corporation, and The Cincinnati Insurance Company, subsidiary of Cincinnati Financial Corp. Until 2011, he was lead partner of the Cincinnati office of Deloitte & Touche LLP. Responsible for all accounting, finance and financial reporting.

David Popplewell

Mr. David H. Popplewell, FALU, LLIF, is President and Chief Operating Officer of The Cincinnati Life Insurance Company, a subsidiary Company of Cincinnati Financial Corp. He is responsible for life insurance underwriting and operations.

Martin Hollenbeck

Mr. Martin F. Hollenbeck, CFA, CPCU, is Senior Vice President, Chief Investment Officer, Assistant Treasurer, Assistant Secretary of Cincinnati Financial Corporation. He has been President and chief operating officer since 2008 of CFC Investment Company, a subsidiary. President from 2008 to 2009 of CinFin Capital Management Company, a former subsidiary. Chief investment officer since 2009, senior vice president, assistant secretary and assistant treasurer since 2008 of Cincinnati Financial Corporation. Chief investment officer and senior vice president since 2009 of The Cincinnati Insurance Company; until 2009, vice president, Responsible for investment operations and leasing and financing services; responsible until 2009 for operation of asset management services.

Lisa Love

Ms. Lisa A. Love is Senior Vice President, General Counsel, Corporate Secretary of Cincinnati Financial Corporation and The Cincinnati Insurance Company, a subsidiary of Cincinnati Financial Corp. Until 2011, she was senior counsel of The Cincinnati Insurance Company. Responsible for corporate legal, governance and compliance activities, including regulatory and consumer relations operations.

Eric Mathews

Mr. Eric N. Mathews, CPCU, AIAF, is Principal Accounting Officer, Vice President, Assistant Treasurer, Assistant Secretary of Cincinnati Financial Corporation. He is Principal accounting officer since 2008 and vice president, assistant secretary and assistant treasurer, Senior vice president of The Cincinnati Insurance Company.

Teresa Cracas

Ms. Teresa C. Cracas is Senior Vice President and Chief Risk Officer of The Cincinnati Insurance Company, a subsidiary of Cincinnati Financial Corporation. Until 2011, she was vice president and counsel, Responsible for strategic planning, risk management and, since 2011, oversight of modeling for financial analysis and property casualty reserving and pricing, including staff underwriting, pricing analytics and corporate actuarial operations.

Donald Doyle

Mr. Donald J. Doyle, Jr., is Senior Vice President of The Cincinnati Insurance Company, a subsidiary of Cincinnati Financial Corp. He is responsible since 2007 for excess and surplus lines underwriting and operations.

John Kellington

Mr. John S. Kellington is Senior Vice President and Chief Information Officer of The Cincinnati Insurance Company, subsidiary of Cincinnati Financial Corporation. He is responsible for enterprise strategic technology and oversight of all technology activities. From 2007 to 2010, senior vice president of ACORD Corporation, a nonprofit group that develops global insurance standards. Until 2007, senior vice president and chief technology officer of Ohio Casualty Group.

Martin Mullen

Mr. Martin J. Mullen, CPCU, is Chief Claims Officer and Senior Vice President of The Cincinnati Insurance Company, a subsidiary Company of Cincinnati Financial Corporation. He is responsible for oversight of all headquarters and field claims operations, special investigations unit and claims administration; responsible until 2008 for casualty claims.

Jacob Scherer

Mr. Jacob F. Scherer, Jr., is Chief Insurance Officer, Executive Vice President of The Cincinnati Insurance Company, a subsidiary Company of Cincinnati Financial Corporation. He is Chief insurance officer since 2012 and executive vice president of The Cincinnati Insurance Company; senior vice president until 2008. Responsible for executive oversight of property casualty insurance sales, marketing, underwriting, related field services, relationships with independent agents and reinsurance.

Joan Shevchik

Ms. Joan O. Shevchik, CPCU, CLU, is Senior Vice President of The Cincinnati Insurance Company, a subsidiary Company of Cincinnati Financial Corporation. She is responsible for corporate communications, including media relations and website content management.

Stephen Spray

Mr. Stephen M. Spray is Senior Vice President of The Cincinnati Insurance Company, a subsidiary Company of Cincinnati Financial Corporation. He served as vice president until 2012. Responsible for sales and marketing, including management of field underwriters and agency plant; responsible from 2010 to 2011 for target markets and, prior to 2010, for excess and surplus lines marketing and underwriting.

Charles Stoneburner

Mr. Charles P. Stoneburner, II, CPCU, AIM, is Senior Vice President of The Cincinnati Insurance Company, a subsidiary Company of Cincinnati Financial Corporation. He has been Vice President until 2008, Responsible for commercial lines underwriting and operations, including oversight of loss control and premium audit; responsible until 2008 for field claims operations.

Timothy Timmel

Mr. Timothy L. Timmel is Senior Vice President of The Cincinnati Insurance Company, a subsidiary Company of Cincinnati Financial Corp. He is responsible for operations including oversight of corporate communications, government relations, learning and development, legal litigation, human resources and, since 2008, administrative services, data entry, facilities, maintenance, printing and security operations; also responsible until 2008 for field claims operations.

William Bahl

Mr. William F. Bahl, CFA, CIC, is Lead Independent Director of Cincinnati Financial Corp. Mr. Bahl co-founded a firm that performs financial analysis of publicly held securities, advising and managing portfolios for high-net-worth individuals and institutional clients. His helps support the board’s oversight of the investment operations, which continue to be the main source of profits. His familiarity with public company governance structures and policies beyond the own contributes to full discussion and evaluation of the options. Mr. Bahl is chairman of the board of Bahl & Gaynor Investment Counsel Inc., an independent registered investment adviser based in Cincinnati. Before co-founding Bahl & Gaynor in 1990, he was senior vice president and chief investment officer at Northern Trust Company in Chicago and held prior positions for Fifth Third Bank and Mellon Bank. Mr. Bahl is a director of LCA-Vision Inc. since 2005, serving as chair of this publicly traded company’s compensation committee and a member of its audit and nominating committees. He was a trustee until 2006 of The Preferred Group of Funds and a board member from 2000 to 2006 of The Hennegan Company, a privately owned, Cincinnati-based printing business. Mr. Bahl earned a Master of Business Administration from the University of Michigan after graduating from the University of Florida. He has qualified for the Chartered Financial Analyst designation since 1979 and the Chartered Investment Counselor designation since 1991.

John Schiff

Mr. John J. Schiff, Jr., CPCU is Director of Cincinnati Financial Corp. Mr. Schiff has been chairman of the executive committee since 1998. From 1986 to 2011, Mr. Schiff also was chairman of the company’s board of directors and, except 2006 to 2008, chairman of its lead subsidiary, The Cincinnati Insurance Company. In addition, he was president and chief executive officer of the company and of its lead subsidiary from 1999 to 2006. He retained only the company-level chairman and chief executive officer roles from 2006 to 2008 when he resumed the subsidiary chairman title. From 1983 to 1996, Mr. Schiff was chairman, chief executive officer and an agent with John J. & Thomas R. Schiff & Co. Inc., a privately owned, Cincinnati-based independent insurance agency. Prior to 1983, he was an agent, vice president and secretary of John J. Schiff & Company Inc., which he joined in 1965 after earning a Bachelor of Science in risk and insurance management from The Ohio State University. He earned the Chartered Property Casualty Underwriter designation in 1972 and is a member of The American Institute for Chartered Property Casualty Underwriters, serving as a trustee from 1992 to 2004 and as an executive committee member. Mr. Schiff has experience as a director of publicly traded Cincinnati-based companies: Fifth Third Bancorp and The Fifth Third Bank since 1983, including periods of service on compensation, executive and trust committees; The Standard Register Company, a document management services company, since 1982, including periods of service on its audit and pension advisory committees; Cinergy Corporation, from 1994 to 2005 when it was acquired by Duke Energy Corporation; and Cinergy’s predecessor, Cincinnati Gas & Electric Company, from 1986 to 1995.

Thomas Schiff

Mr. Thomas R. Schiff is Director of Cincinnati Financial Corporation. Mr. Schiff has been chairman and chief executive officer since 1996 and a director and an agent with John J. & Thomas R. Schiff & Co. Inc., a privately owned, Cincinnati-based independent insurance agency. He was its president from 1983 to 1996 and sales manager from 1970 to 1983. He also is chief executive officer and chairman of Lightborne Properties and Lightborne Communications, privately owned media companies based in the Cincinnati area. Mr. Schiff is a graduate of Ohio University.

Larry Webb

Mr. Larry R. Webb, CPCU, is Director of Cincinnati Financial Corp. Mr. Webb has been president since 1994 and director since 1980 of Webb Insurance Agency Inc., a privately owned independent insurance agency based in Lima, Ohio. Prior to becoming president, he was treasurer of the agency from 1981 to 1994. He has been a licensed insurance agent since 1977. He is a director since 2010 of SWD Corporation, a privately owned wholesaler serving small business owners. A graduate of Ohio University, Mr. Webb earned the Chartered Property Casualty Underwriter designation in 1982 and served as president from 1987 to 1988 and director from 1986 to 1992 of the Grand Lake Chapter of CPCU. His activities have included leadership and service to nonprofit community boards that support business ethics, cancer research, an airport authority and cultural organizations.

Gregory Bier

Mr. Gregory T. Bier, CPA (Retired) is Independent Director of Cincinnati Financial Corp. Mr. Bier was the managing partner of the Cincinnati office of Deloitte & Touche LLP, an independent registered public accounting firm, from 1998 to 2002. He retired in 2002 after 23 years as a partner of the firm and 35 years of service, beginning in 1967 when he joined Haskins & Sells, which later became part of Deloitte. In 2008, he became a director of LifePoint Hospitals Inc., a public company with $3 billion of revenues that is provider of healthcare services in nonurban communities in 19 states. He chairs LifePoint’s audit and compliance committee and is a member of its compensation, corporate governance and nominating, and quality committees. From 2002 to 2007, Mr. Bier was an audit committee member for Catholic Healthcare Partners, one of the not-for-profit health systems in the United States. A graduate of Xavier University, he became a CPA in 1970 and is a member with retired status of the American Institute of Certified Public Accountants and the Ohio Society of Certified Public Accountants. His activities have included leadership and service on nonprofit community boards and foundations benefitting several schools, social services and civic organizations.

Linda Clement-Holmes

Ms. Linda W. Clement-Holmes is Independent Director of Cincinnati Financial Corp. Ms. Clement-Holmes is senior vice president, since 2010, of Global Business Services for the publicly traded The Procter & Gamble Company. She also served as chief diversity officer from 2010 to 2012. She was vice president of Global Business Services from 2007 to 2010, with responsibility from 2007 to 2009 for Central and Eastern Europe, Middle East and Africa and, in 2009, for External Strategic Alliances, Flow-to-the-Work Resources & Employee Solutions. From 2006 to 2007, she was manager, Global Business Services, Central and Eastern Europe, Middle East and Africa; and in 2005, manager of Information & Decision Solutions, Infrastructure Services & Governance. Prior management positions since 1983 included service in various business areas: IT Outsourcing Initiative, Global Engineering & Development and Communications, Knowledge & Innovation Center of Expertise, New Initiatives and E-commerce, Sales Management Systems, and Management Systems Operations and Development. Ms. Clement-Holmes holds a Bachelor of Science degree in industrial management and computer science from Purdue University.

Dirk Debbink

Mr. Dirk J. Debbink is Independent Director of Cincinnati Financial Corp. Mr. Debbink has served as chief executive officer and board member in private companies, nonprofit entities and government organizations ranging from small firms typical of the company’s commercial policyholders to extremely organizations, including Reserve deputy commander of U.S. Pacific Fleet (170,000 sailors) and Commander, Navy Reserve Force (64,000 sailors). While on active duty with the U.S. Navy, he served as a senior member on the staff of the chief of naval operations in the Pentagon. He has experience in strategic planning and execution, sales, marketing, information technology for a worldwide dispersed workforce, human resources including pension and profit-sharing plans and government relationships at the federal level. A founder of both private and public nonoperating foundations, he understands the benefits of a long-term perspective toward serving others. Mr. Debbink is chairman since 2007 and chief executive officer since September 2012 of MSI General Corporation, a privately owned design/build construction firm. Mr. Debbink first joined MSI General in 1983, holding various positions of increasing leadership responsibility and serving as the company’s president from 1991 to 2007 and its chairman since 2007. From 2008 until September 2012, he served in active military duty as Vice Admiral, Chief of Navy Reserve and Commander, Navy Reserve Force. Mr. Debbink earned a Bachelor of Science in systems engineering from the U.S. Naval Academy and a Masters of Business Administration from the University of Chicago. He holds Professional Engineer and Real Estate Broker licenses in the state of Wisconsin.

Kenneth Lichtendahl

Mr. Kenneth C. Lichtendahl is Independent Director of Cincinnati Financial Corp. He brings insights gained in developing customer relationships, ethical practices, high-quality staff and product differentiation that helped turn his company, Hudepohl-Schoenling Brewing Co., into the 10th brewer in the United States before its sale in 1996. Mr. Lichtendahl is the director of development and sales for Heliosphere Designs, a private company marketing a solar timepiece. From 2010 to 2012, he served as a senior adviser for Nestle Waters of North America. He served as senior adviser after Tradewinds Beverage Company was acquired in 2010 by Sweet Leaf Tea, which was acquired in 2011 by Nestle Waters of North America. He was president and a director from 1996 to 2010 of Tradewinds, a privately owned, Cincinnati-based company formed following the sale of Hudepohl-Schoenling. He was president from 1978 to 1996 of Hudepohl-Schoenling, where he held various management positions. He also was a director for 12 years of Centennial Savings Bank in Cincinnati, which had grown to 11 offices and $700 million of deposits before its sale to National City Bank in 2000. A graduate of the University of Cincinnati.

W. Rodney McMullen

Mr. W. Rodney McMullen is Independent Director of Cincinnati Financial Corp. Mr. McMullen has worked with The Kroger Co.’s board on business strategy initiatives and transactions including business model transformation, mergers and acquisitions, divestitures and management transitions. Since 2009, Mr. McMullen has been president and chief operating officer of Kroger, a publicly traded, Cincinnati-based company that is the nation’s second retail grocery chain. He has been a director of Kroger since 2003, when he was promoted to vice chairman of the board. Prior to his appointment as vice chairman, Mr. McMullen was executive vice president of strategy, planning and finance from 2000 to 2003. He joined Kroger as a part-time store clerk in 1978 and has held key financial positions, including corporate controller and chief financial officer. He is a member since 2007 of the board of Global Standards 1, a privately owned company that owns UPC and RFID codes; and, beginning in 2010, chairman of GS1 US, a not-for-profit organization that develops supply-chain standards, solutions and services for 25 industries. He also is a director since 2011 of dunnhumby LTD, a privately owned, UK-based company that analyzes customer data to improve customer experience and a director since 2003 of dunnhumby USA LLC. He is chairman since 2012 of 1WorldSync, a nonprofit supporting retailers and consumer product manufacturers across the world. Mr. McMullen holds a Master of Science degree in accounting from the University of Kentucky, where he also completed his undergraduate degrees.

Gretchen Price

Ms. Gretchen W. Price is Independent Director of Cincinnati Financial Corp. Ms. Price is executive vice president, chief financial and administrative officer since 2011 of Arbonne International LLC, a beauty and nutritional product company headquartered in Irvine, California. She leads the firm’s financial, accounting, strategy and business planning, operations, information technology, human resources and international functions. She was executive vice president and chief financial officer from 2008 to 2011 of Philosophy Inc., an international prestige beauty brand based in Phoenix, Arizona. Prior to 2008, she held positions with expanding responsibility over her 31-year tenure at publicly traded The Procter & Gamble Company: vice president and general manager from 2006 to 2007, responsible for Go-To-Market Reinvention Strategy for Global Operations and for Gillette acquisition integration; vice president of finance and accounting for Global Operations from 2001 to 2005, responsible for Worldwide Financial Leadership; vice president and treasurer from 1998 to 2001, responsible for Global Treasury, investor relations and mergers and acquisitions; and vice president of Global Internal Audit from 1996 to 1998. In 2012, Ms. Price became a director and audit committee member for Beam Inc., a publicly traded, global premium spirits company. A graduate of the University of Kentucky, she earned the Certified Internal Auditor designation in 1996. She has been a member of the Financial Executives Institute and the Board of Governors of the Institute of Internal Auditors.

Douglas Skidmore

Mr. Douglas S. Skidmore is Independent Director of Cincinnati Financial Corp. Mr. Skidmore has been chief executive officer since 2003 and president and director since 1994 of Skidmore Sales & Distributing Company Inc., a privately owned, Cincinnati-based full-service independent distributor and broker of quality industrial food ingredients. He was marketing manager from 1990 to 1994. Mr. Skidmore was an marketing representative for IBM Corporation from 1987 to 1990, with early experiences at Intellitech Corporation and at The Procter & Gamble Company’s Food Process and Product Development Lab. He earned a Master of Business Administration degree in management and operations from the J.L. Kellogg School of Management at Northwestern University after graduating from Purdue University. He is a trustee since 2005 and a past president of the Food Ingredient Distributors Association.

John Steele

Mr. John F. Steele, Jr., is Independent Director of Cincinnati Financial Corp. Mr. Steele is chairman since 2004, chief executive officer since 1994 and a director since 1985 of Hilltop Basic Resources Inc., a privately owned, Cincinnati-based aggregates and ready mixed concrete supplier to the construction industry. He started his career at Hilltop in 1978 in sales and assumed responsibility for operations over time, becoming president in 1991 and holding that title until 2004. Prior to joining Hilltop, he was a sales executive for William Powell Company, a privately owned industrial valve manufacturer for which he has been a director since 2004. In 2012, Mr. Steele joined the board of advisers of Lykins Companies Inc., a privately owned full-service oil company. He was a director for privately owned Smook Bros. Inc., a Canadian construction company from 2006 to 2010. He has served on professional boards including the National Stone, Sand & Gravel Association, the Ohio Aggregates Association and the Ohio Ready Mixed Concrete Association. Mr. Steele has a Master of Business Administration from Xavier University and a Bachelor of Arts from Rollins College.

E. Anthony Woods

Mr. E. Anthony Woods is Independent Director of Cincinnati Financial Corp. Mr. Woods is chairman and chief executive officer of his privately owned firm, SupportSource LLC, which offers management, financial and investment consulting. He has been chairman since 2003 of Deaconess Associations Inc., a Cincinnati-based, nonprofit healthcare services organization. From 1987 to 2003, he served as its president and chief executive officer, with prior experience from 1997 to 2003 as its chief financial officer. He has been chairman since 2006 and director since 2004 of LCA-Vision Inc., a publicly traded company, serving on its audit, compensation, governance and nominating committees. He has been a director since 2006 of Phoenix Health Systems, a privately owned information technology company serving hospitals and related organizations. He was a director from 2008 to 2012 and an audit committee member of Anchor Funding Services LLC, a financial services company serving small businesses; and a director from 2008 until its sale in 2010 of Critical Homecare Solutions Inc., a privately owned company providing home health care services. Mr. Woods has Bachelor and Master of Science degrees in engineering from the University of Tennessee and a Master of Business Administration in marketing and finance from Samford University.

Dennis McDaniel

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