CLEVELAND, Dec. 8 To fill the positions made vacant by thetragic death of Kent Clapp last Wednesday, the Medical Mutual of Ohio Board ofDirectors named interim co-chairmen of the Board, a management committee andan interim CEO at a special meeting last night.
Samuel Miller, co-chairman of Forest City Enterprises, and David Young, aretired partner with the law firm Squire, Sanders and Dempsey, were named theinterim co-chairs. The management committee consists of Young, Miller, JamesV. Patton, a retired Medical Mutual executive, and Charles A. Bryan, a retiredNationwide Insurance Co. executive. Bryan was also named the acting CEO.
"We will diligently, thoughtfully and yet as quickly as possible move toselect the right individual to lead Medical Mutual for the long term," saidBryan. "We are fortunate that Kent left the company financially sound and witha strong senior management team. Our customers can be assured that MedicalMutual will continue to serve them at the high level they have come toexpect."
Bryan added that the search for the new chief executive officer wouldstart with a review of internal candidates and would move to a broader searchoutside the company if necessary. "We do have the good fortune to have qualitycandidates already on staff," said Bryan. Clapp held the titles of chairman,president and CEO.
"We haven't put a time limit on this process," Bryan said, "but we believethat we should be able to have new leadership in place early in 2009."
Bryan has 35 years of experience as a business executive with NationwideInsurance, Ernst and Young, United Services Automobile Association (USAA) andAllstate Insurance. He is also an adjunct professor in the Finance area at theOhio State University, and he has been on the Medical Mutual board since 2001.
Clapp died December 3 in a private plane crash in Puerto Rico whilereturning to Cleveland after vacationing in the Caribbean. His fiancee, TracyTurner, and the pilot of the airplane also died in the crash.
SOURCE Medical Mutual of Ohio