Affirmative Insurance, a non-standard personal automobile insurance policies distributor and producer, has promoted its current acting chief executive officer, Michael McClure, as the new CEO, effective 1 October 2013.
The board of directors of the company also elected McClure to the company’s board effective immediately.
In May 2007, McClure joined Affirmative as senior vice president of financial planning and analysis and was promoted to be the company’s executive vice president and chief financial officer, in November 2007.
In April 2013, he was appointed as acting CEO to facilitate the transition of duties from the current CEO, Gary Kusumi.
Before joining the company, McClure was working as the interim chief accounting officer and a managing director of Residential Capital Corporation from 2004 to May 2007.
Besides, the company has also named Earl Fonville, as its new chief financial officer effective immediately.
In August 2007, Fonville joined the company as vice president and corporate controller and was appointed the chief accounting officer, in November 2008.
Prior to joining the company, Fonville served as the corporate controller for Glencoe US Holdings, from November 2004 to July 2007.
From May 2002 to October 2004, he acted as corporate controller for Meadowbrook Insurance Group.