April 02, 2014

Financial services provider Foresters has announced the appointment of Anthony (Tony) Garcia as its new president and CEO. Garcia will take over for current president and CEO George Mohacsi, effective May 1, 2014. Mohacsi will retire on June 30, 2014.

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Garcia has 26 years of executive management and leadership experience in the U.S. life and annuity industry. He most recently served as president of Western and Southern Agency Group in Cincinnati, OH. Prior to that, he held the position of president and CEO at TIAA-CREF Life Insurance Company. He also held various roles with Allstate, HSBC and the HealthMarkets life and health subsidies.

“Tony Garcia is an outstanding choice who brings broad experience in the U.S. life and annuity industry, successfully leading transformational change and driving profitable growth,” says Dick Freeborough, chairman of Foresters’ Board of Directors. “Foresters’ Board is confident that he is best suited to continue Foresters important fraternal mission and lead the organization into its next period of growth and prosperity.”

Kelly is an associate editor for Insurance & Technology. Prior to joining InformationWeek Financial Services, she was a staff writer for InformationWeek and InformationWeek Education. Kelly has also written for trade ...