- After 14 years on the job
- Laud, praise and words of regret for Gober
- Gober will remain as Chairman at Infinity
- Gober spoke at length and said 150 words
(exechange) — Birmingham, Alabama, May 04, 2017 — Jim Gober, chief executive of Infinity, hands over the reins. As announced by Infinity Property and Casualty Corporation in a news release and in a regulatory filing published on Thursday, May 04, 2017, James R. (Jim) Gober leaves the post as Chief Executive Officer at the insurance company after 14 years on the job, effective August 01, 2017.
Gober leaves the company effective during the first quarter of 2018.
Gober’s duties are taken over by Glen Godwin, currently Senior Vice President, Business Development and Marketing at Infinity Property and Casualty Corporation.
“The time is right for me on a personal level”
The management change is explained as follows. Gober said: “Our bright prospects make my decision to retire even more difficult, but the time is right for me on a personal level.”
Gober will remain as Chairman at Infinity
Gober will continue to serve as the Company’s Chairman until his retirement.
Infinity said: “James R. Gober, the Company’s Chairman, President and CEO, plans to retire during the first quarter of 2018.”
Share price rise since March 2009
The change follows a rise in the share price of Infinity Property and Casualty Corporation since March 2009.
On the job as CEO since 2003
Gober has served as Infinity’s President and CEO since the Company’s initial public offering in 2003.
James R. Gober was elected Director in December 2002.
Gober has served as Chairman of the Board since December 2003.
He previously served in various executive roles within each of Infinity’s insurance company subsidiaries since 1991.
Read the full story in the exechange report 19.2017 ($).