Employers Holdings, Inc. Appoints Michael Pedraja as its Next CFO

Core Viewpoint - Employers Holdings, Inc. announces the appointment of Michael Pedraja as Executive Vice President and Chief Financial Officer, effective February 3, 2025, succeeding Michael Paquette who will retire in March 2025 [1][2]. Company Overview - Employers Holdings, Inc. is a leading provider of workers' compensation insurance, focusing on small and mid-sized businesses in low-to-medium hazard industries [6][8]. - The company operates throughout the United States, offering insurance through various subsidiaries, all rated A- (Excellent) by A.M. Best [8]. Leadership Transition - Michael Pedraja brings over 30 years of experience in corporate financial services, having held various roles in the insurance sector [2][5]. - Pedraja's previous position was Group Chief Financial Officer for Ariel Re Services, and he has also worked at The Allstate Corporation and major investment banks [5]. Strategic Goals - Pedraja is expected to drive the company's strategic goals, optimize financial operations, and contribute to the company's transformation [3][4]. - The leadership team aims to solidify Employers as America's small business insurance specialist while focusing on profitable growth and shareholder value [6].