COLUMBUS, Ohio, April 6 /PRNewswire/ -- Nationwide today announced the
election of Daniel T. Kelley and Barry Nalebuff to the Board of Directors
for Nationwide Mutual Insurance Company and Nationwide Mutual Fire
Insurance Company. Kelley and Nalebuff were each elected to three-year
terms and fill the seats of David O. Miller and Willard J. Engel, who are
both retiring from the Board.
"Dan and Barry add valuable economic and financial experience to the
Nationwide board," said Chairman Arden L. Shisler. "Their individual areas
of expertise will add depth to an already outstanding Board of Directors
and will help Nationwide address the increasingly complex issues of
corporate governance and business development."
Kelley is chairman of the board and president of GROWMARK, Inc. and
operates a grain farm near Normal, Ill., in partnership with his two
brothers. He is a director of Denver-based CoBank and Evergreen FS, Inc. in
Bloomington, Ill., serving as president since 1985.
Kelley has served as a director of Farmland Mutual Insurance Company,
which is part of Nationwide Agribusiness, since May 2003. Kelley has
received many accolades and awards in the agribusiness community, including
Director of the Year by the National Council of Farmer Cooperatives in
2002.
A graduate of Illinois State University, Kelley holds a bachelor's
degree in agriculture and now serves on the university's Alumni Board of
Directors. His family includes his wife, three children and seven
grandchildren.
Nalebuff is the Milton Steinbach Professor of Management at the Yale
University School of Management. He has been published on a wide variety of
subjects and is a leading authority on corporate strategy and innovation.
His most recent book, Why Not?, focuses on providing a strategic framework
for problem solving and ingenuity.
Nalebuff holds bachelor degrees in economics and mathematics from
Massachusetts Institute of Technology, as well as master's and doctorate
degrees in economics from Oxford University. He lives in New Haven, Conn.,
with his wife and their two children.
Nationwide, based in Columbus, Ohio, is one of the largest diversified
insurance and financial services organizations in the world, with more than
$158 billion in assets. Nationwide ranks #98 on the Fortune 100 list. The
company provides a full range of insurance and financial services,
including auto, homeowners, life, commercial insurance, administrative
services, annuities, mortgages, mutual funds, pensions and long-term
savings plans. The Nationwide companies include the country's sixth-largest
property/casualty insurer, the fourth-largest homeowners insurer, the
sixth- largest auto insurer and the country's largest farm owners insurer.
Nationwide Life Insurance Company, the major subsidiary of Nationwide
Financial, ranks 13th in assets according to A.M. Best. For more
information, visit http://www.nationwide.com.
Nationwide and the Nationwide Framework are federally registered
service marks of Nationwide Mutual Insurance Company. On Your Side is a
service mark of Nationwide Mutual Insurance Company.
Contact:
Bryan Haviland (614) 677-7767
havilab@nationwide.com
SOURCE Nationwide
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Related links:
http://www.nationwide.com
CONTACT:
Bryan Haviland of Nationwide,
+1-614-677-7767, or havilab@nationwide.com
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