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Huffman Elected Vice Chairman, Chief Operating Officer of Ohio National Financial Services
| Source: Ohio National Financial Services
CINCINNATI, OH--(Marketwire - November 11, 2009) - National Financial Services is pleased to
announce that Gary T. "Doc" Huffman has been elected Vice Chairman and
Chief Operating Officer. The Ohio National Board of Directors elected
Huffman to the new position Nov. 6, and the promotion became immediately
effective.
With more than 30 years experience, Huffman joined Ohio National as Vice
Chairman, Distribution in Aug. 2008. Prior to joining Ohio National,
Huffman was President and Chief Executive Officer of The Union Central Life
Insurance Company and was Executive Vice President and Director of the
UNIFI Mutual Holding Company.
Ohio National Chairman, President and Chief Executive Officer David B.
O'Maley noted Huffman's immediate contributions since he joined the company
last fall. "Through Doc's leadership and focus, our distribution channels
have had record-breaking recruiting years in 2009, and sales of our core
individual life and individual annuity products are running well ahead of
the industry. Doc has been instrumental in positioning Ohio National as an
industry and marketplace leader -- the 'flight to quality' company --
during this very challenging time."
O'Maley noted that Ohio National was one of the few insurance and annuity
companies to have all of its ratings reaffirmed for financial strength
during 2009 by independent rating agencies. "To have our very strong
ratings reaffirmed during this period of unprecedented turmoil is
especially noteworthy."
"We look forward to continuing to emphasize Ohio National's value
proposition to distributors, policyholders and customers, and Doc will
bring his extensive executive management skills and experience to help
further strengthen our product administrative and information functions
going forward," O'Maley added.
With the election to Vice Chairman and Chief Operating Officer, Huffman
continues to
serve in the four-person Office of the Chairman. The Office of the Chairman
includes John J. Palmer, Vice Chairman, Ronald J. Dolan, Vice Chairman and
Chief Risk Officer, Huffman and O'Maley. It was formed in 2008 to enhance
the strategic growth of the enterprise and provide for continuity of
management.
A native of Lexington, Ky., Huffman is a graduate of the University of
Kentucky. After graduating, he had a 24-year career with MassMutual before
joining Union Central in July 1999.
Huffman is a member of the Board of Directors of The American College (Bryn
Mawr, Pa.), a nonprofit educational institution dedicated to the
development and education of financial services professionals, and is a
past chairman of LIMRA International, a worldwide association of insurance
and financial services companies. In the Cincinnati area, he is a member of
the Boards of Directors of the Dan Beard Council of the Boy Scouts and
Maple Knoll.
Tracing its corporate origins to 1909, Ohio National today markets a
variety of insurance and financial products through more than 40,000
representatives in 47 states (all except Alaska, Hawaii and New York), the
District of Columbia, Puerto Rico and through subsidiary operations in
Santiago, Chile. As of December 31, 2008, its affiliated companies have
$21.6 billion total assets under management. Products are issued by The
Ohio National Life Insurance Company and Ohio National Life Assurance
Corporation. Voted Cincinnati's "Best Place to Work" (large category) by
the Business Courier (November 2003) and "25 Best Medium-Sized Companies to
Work for in America" by the Great Place to Work Institute (June 2004), Ohio
National has more than 850 corporate headquarters associates. Visit
www.ohionational.com for more information.