ShelterPoint Announces Leadership Succession

ShelterPoint Announces Leadership Succession

Garden City, NY, April 05, 2024 –Effective immediately, Richard White, who has led ShelterPoint Life Insurance Company (ShelterPoint) as CEO since 2009, is moving into the role of Executive Chairman of the Board of Directors, with the company’s existing Chairman, Dr. Seth Goldberg, remaining on the Board as a Director. Leston Welsh, who joined ShelterPoint as President last April, is now stepping into the CEO role effective the same day. This announcement follows a thorough and thoughtful succession planning process conducted by the company.

“Serving as CEO at ShelterPoint has been a great honor and my favorite chapter of my career. Having gotten to know Leston over the time we have worked together, I am pleased that we found such a talented executive to take the lead as CEO. Leston has demonstrated a strong understanding of the culture that makes ShelterPoint a great organization, and I’m confident he will lead the company to even greater success over the coming years. I’m excited to expand my role on the Board where I’ll be able to support ShelterPoint during our next chapter of growth,” said Richard White.

“I am honored by the Board’s decision. It’s a privilege to step into this role, and I look forward to ensuring a smooth transition together with our experienced management team and dedicated employees,” added Leston Welsh.

Mr. Welsh brought a wealth of leadership experience from highly respected companies in the industry when he joined ShelterPoint – including Sun Life, Unum, Prudential, New York Life, and Teachers Insurance and Annuity Association of America (TIAA). Mr. Welsh is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

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