Massachusetts’ The Hanover Insurance Group Hires Farber

The Hanover Insurance Group Inc., a Worcester, Mass. based holding company for several property and casualty insurance companies, has appointed Jeffrey M. Farber as executive vice president and chief financial officer.

Farber succeeds Eugene M. Bullis, who has served as executive vice president and interim chief financial officer at The Hanover since October 2015 following the unexpected passing of the company’s chief financial officer. Bullis will continue with the company until November 11, working closely with Farber to ensure a smooth transition of financial leadership.

In his new role, Farber will be responsible for finance, accounting, investment, actuarial, enterprise risk management, treasury and investor relations functions. He will officially join the company on October 1 as executive vice president and senior finance officer and will later assume the role of chief financial officer around November 4.

Farber joins The Hanover after spending five years with American International Group (AIG), where he served as the organization’s deputy chief financial officer and chief risk officer for the company’s commercial and consumer business.

Prior to AIG, Farber served as chief financial officer of GAMCO Investors, Inc., a publicly-traded asset manager. Previously, he held senior accounting and finance roles at The Bear Stearns Companies, Inc., most recently as senior managing director, controller and senior vice president responsible for finance, tax and global procurement. He began his career at Deloitte & Touche LLP.

Source: The Hanover Insurance Group