Former Chairman and Director David H. Lengthy to Retire
The Liberty Mutual Insurance coverage Board of Administrators immediately elected Timothy M. Sweeney Chairman of Liberty Mutual Holding Firm Inc., efficient immediately, April 9, 2025. Sweeney, who’s presently the corporate’s President and Chief Govt Officer, will succeed David H. Lengthy, who’s retiring as Chairman and Director.
Lengthy has been a part of Liberty Mutual for 40 years, and have become President in 2010, Chief Govt Officer in 2011 and Chairman in 2013. Sweeney was appointed President and Chief Govt Officer in January 2023 upon Lengthy’s retirement as Chief Govt Officer.
“David’s tenure has been outlined by his unwavering dedication to excellence and the well-being of our workers. His management has remodeled challenges into alternatives, guaranteeing that our core values stay on the heart of every part we do,” stated Sweeney. “On behalf of our Board of Administrators and the whole group, I’d wish to thank David for a exceptional 4 many years on the firm and want him and his household the perfect within the years to return.”
“Experiencing the evolution of this group is one thing I’ll all the time cherish,” stated Lengthy. “I’d like to specific my immense appreciation to our folks, as they really make Liberty Mutual a finest place to work, and to the management group for his or her dedication to driving our enterprise ahead. I’m eternally grateful for my time with the corporate and everybody’s unwavering dedication to maintain our guarantees to our prospects, companions, communities and one another.”
About Liberty Mutual Insurance coverage
In enterprise since 1912, and headquartered in Boston, immediately we’re the eighth largest international property and casualty insurer primarily based on 2023 gross written premium. We additionally rank 87 on the Fortune 100 record of largest firms within the US primarily based on 2023 income. As of December 31, 2024, we had $50.2 billion in annual consolidated income.
We make use of over 40,000 folks in 29 international locations and economies all over the world. We provide a variety of insurance coverage services, together with private car, householders, specialty traces, reinsurance, industrial multiple-peril, employees compensation, industrial car, normal legal responsibility, surety, and industrial property.
