The National Council on Compensation Insurance announced this week that CEO Stephen J. Klingel plans to retire next year after what will be a near 14-year term.
Klingel, who has served as CEO since late 2002, plans to retire in February 2016. It will make him the third longest-serving CEO in the NCCI’s more than 90-year history.
NCII Board Chair and President and CEO of Accident Fund Holdings Inc. Elizabeth Haar thanked Klingel for his service and praised his leadership.
“During Steve’s time at NCCI, he has delivered impressive business results and strengthened relationships with all of NCCI’s stakeholders, including insurance carriers, state regulators, agents and independent bureaus.”
Klingel came to the NCCI after serving as senior vice president of commercial lines with The St. Paul Companies. He had a long history with the company, serving in roles including president, personal insurance; regional president, Upper Midwest region; vice president, commercial underwriting; and vice president/general manager.
“It’s been a great pleasure to act as NCCI’s president and CEO for the past twelve years,” Klingel said. “NCCI is a tremendous organizational full of talented and dedicated employees and it has been my honor to act as their leader. I am proud of the many accomplishments we’ve realized on behalf of the workers’ compensation industry during my tenure, and I am confident that our employees will continue to deliver outstanding results long after I have made my exit.”
The NCCI is forming a search committee to replace Klingel in the coming months while he continues to helm the organization.
