Ohio National names chief financial officer to succeed Roberts
CINCINNATI, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Ohio National Financial Services is pleased to announce Anthony W. Dunn, CPA, CMA, CPCU, will become chief financial officer on Jan. 1, 2018. Dunn succeeds Arthur J. Roberts, CPA, CLU, FLMI, who will retire at the end of the year.
|
||||||||||
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/c3f6de46-4653-4f47-91c6-3532dd8b7c2e
http://www.globenewswire.com/NewsRoom/AttachmentNg/6fa2c96b-85bb-42ee-9add-fa07daed12e1
Dunn will continue to execute the organization’s financial strategy in the final year of a five-year corporate growth plan and will lead the financial strategy development for the company’s next plan.
“This move comes as part of a comprehensive succession planning process we have put in place to position the company for the future,” said Gary T. “Doc” Huffman, Ohio National’s chairman, president and chief executive officer. “Tony’s background in financial strategy, operations and audit oversight and his strong history of leadership position him well to oversee our enterprise financial operations. He has made significant contributions to the ongoing transformation of our internal auditing function.”
Dunn joined Ohio National in 2015 as vice president, audit services, and in 2016, was promoted to senior vice president, audit services. He is currently responsible for leading the internal audit services team.
Prior to joining Ohio National, Dunn was vice president, financial planning and analysis for The Cincinnati Insurance Company and its subsidiaries. He received his bachelor’s degree from Miami University.
Roberts will assist with the transition prior to his Dec. 31, 2017, retirement. Roberts joined the company in 1994 and has served as vice president, financial reporting and senior vice president, controller and treasurer. He has led Ohio National’s strategic financial operations for the past decade after becoming senior vice president and chief financial officer in 2008.
During his tenure, Roberts’ disciplined financial management contributed to Ohio National’s growth and success, which included:
- Growing statutory surplus 30 percent to more than $1 billion and GAAP equity by 65 percent to more than $2.3 billion through his leadership in capital solutions.
- Advancing Ohio National’s financial operations including oversight of rating agency relationships and the financial analysis of the company’s Latin American operations.
- Growing assets under management from $25 billion in 2008 to more than $41 billion today.
“Art’s contributions have helped the company navigate some tough headwinds,” said Huffman. “We are pleased to have Tony on board to take the reins and help develop our company’s next strategic plan. We believe he is the right person to take the financial foundations laid before him and continue to build Ohio National’s financial strength,” he said.
Tracing its corporate origins to 1909, Ohio National markets a variety of insurance and financial products through more than 50,000 representatives in 49 states (all except New York), the District of Columbia, Puerto Rico and through affiliated operations in South America. Additional subsidiaries operate in New York and Connecticut. As of December 31, 2016, its affiliated companies have $41.8 billion total assets under management. Products are issued by The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation. Ohio National is proud to be named a “Top Workplace” in Cincinnati for eight consecutive years by Enquirer Media (June 2010-2017) and employs more than 1,300 associates. Please visit ohionational.com for more information and for the latest company updates, connect with Ohio National on LinkedIn, Facebook, Twitter and Instagram.
Contact: Susan McDonald, ALMI
513.794.6325 office
513.633.1277 mobile
Lisa Doxsee, APR
513.794.6418 office
513.218.5519 mobile
