ERIE, Pa., Sept. 23, 2015 /PRNewswire/ -- Erie Indemnity
Company (NASDAQ: ERIE) announced
that Marcia A. Dall, executive vice
president and chief financial officer, will depart ERIE on October 9,
2015. Dall has accepted the position of Executive Vice
President and Chief Financial Officer (CFO) for Churchill Downs
Incorporated (NASDAQ: CHDN). Greg
Gutting, ERIE's current
senior vice president, controller, will serve as interim CFO.
"In her time with us, Marcia built a world-class financial
operation," said Terry Cavanaugh,
president and CEO of Erie Insurance. "Her personal capability
and commitment to ERIE has played
out in the growth and success we experienced during her tenure as
CFO. She established and leaves us with a highly skilled and
focused team, and we wish her well in the next phase of her
career."
Erie Indemnity Company provides management services to the
member companies of the Erie Insurance Group, which includes Erie
Insurance Exchange, Flagship City Insurance Company, Erie Insurance
Company, Erie Insurance Property and Casualty Company, Erie
Insurance Company of New York and
Erie Family Life Insurance Company.
According to A.M. Best Company, Erie Insurance Group, based in
Erie, Pennsylvania, is the 11th
largest homeowners insurer and 12th largest automobile insurer in
the United States based on direct
premiums written and the 16th largest property/casualty insurer in
the United States based on total
lines net premium written. The Group, rated A+ (Superior) by A.M.
Best Company, has more than 5 million policies in force and
operates in 12 states and the District of
Columbia. Erie Insurance Group is a FORTUNE 500 company, a
Barron's 500 company and has been recognized by Forbes as one of
America's 50 Most Trustworthy Financial Companies.
News releases and more information about Erie Insurance Group
are available at www.erieinsurance.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Certain statements contained herein are
forward-looking and, as such, may involve risks and uncertainties.
These forward-looking statements reflect the Company's current
views about future events, are based on assumptions, and are
subject to known and unknown risks and uncertainties that may cause
results to differ materially from results anticipated in those
statements. Many of the factors that will determine future events
or achievements are beyond our ability to control or predict. The
Company assumes no obligation to publicly update or revise any
forward-looking statements.
(ERIE-F)
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SOURCE Erie Indemnity Company