BRANCHVILLE, N.J., Feb. 6, 2019 /PRNewswire/ -- Selective
Insurance Group, Inc. (NASDAQ: SIGI) today announced that its Board
of Directors has nominated John J.
Marchioni, President and Chief Operating Officer of
Selective, to stand for election to the Company's Board of
Directors at its 2019 Annual Meeting of Stockholders, which is
expected to be held on May 1,
2019.
Mr. Marchioni has served as President and Chief Operating
Officer of Selective since September
2013, with oversight for the Company's Insurance Operations,
Strategy, Actuarial, Human Resources, Marketing and
Information Technology. In 2018, he assumed reporting
responsibility for Finance and Legal.
"John is a leader of the highest caliber with a deep
understanding of our business and a track record of driving strong
results," said Lead Independent Director J.
Brian Thebault. "In recognition of his significant
contributions to Selective and consistent with our efforts to
position the company for its next phase of growth, we look forward
to welcoming John to the Board and benefiting from his
expertise."
Chairman and CEO Gregory E.
Murphy stated, "John has led our management team in their
tireless work developing and executing the strategic initiatives
that create unique competitive advantages that make Selective the
best. The company is strongly positioned for ongoing growth
and meeting our financial targets and expectations of our
shareholders, customers, distribution partners, and
employees. John is an excellent leader and his experience on
the Board will better prepare him for the future."
Mr. Marchioni has been nominated to fill the vacancy created by
the mandatory retirement of Paul
Bauer. All other current Selective directors are
expected to stand for election with Mr. Marchioni.
About John J.
Marchioni
Mr. Marchioni, 49, has served as President and Chief Operating
Officer of Selective since September 2013. He joined
Selective in 1998 as a Government Affairs Specialist and assumed
increasing responsibility as Assistant Vice President in Government
Affairs and Vice President, Director of Government Affairs.
In 2004, he was appointed Vice President and Strategic
Business Unit Leader and, in 2005, Senior Vice President, Director
of Personal Lines and Flood. In October 2007, Mr. Marchioni was promoted to
Executive Vice President, Chief Field Operations Officer.
Prior to joining Selective, he was Vice President of
Government Relations for the Commerce & Industry Association of
New Jersey. Mr. Marchioni is
a graduate of Princeton University and
completed the Harvard Advanced Management Program. He holds
the Chartered Property Casualty Underwriters (CPCU)
designation.
About Selective Insurance Group, Inc.
Selective Insurance Group, Inc. is a holding company for ten
property and casualty insurance companies rated "A" (Excellent) by
A.M. Best. Through independent agents, the insurance
companies offer standard and specialty insurance for commercial and
personal risks, and flood insurance underwritten by the National
Flood Insurance Program. Selective maintains a website at
www.Selective.com.
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SOURCE Selective Insurance Group, Inc.