People Moves: Liberty Mutual Appoints Key Executives; Langwell Announces Retirement
Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments.
“Today’s announcement marks an important chapter for the company. These new executive leadership appointments better position us now and in the future as a leading global insurer and will help us capitalize on opportunities across our businesses,” said Long.
Effective July 1, new executive leadership appointments are:
- Tim Sweeney is named president, Liberty Mutual. He will be responsible for overseeing the company’s three business units (Global Risk Solutions, Global Retail Markets, Liberty Mutual Investments) and will report to Long. Sweeney was previously president, Global Retail Markets.
- Neeti Bhalla Johnson is named president, Global Risk Solutions. She will be responsible for overseeing the company’s commercial and specialty insurance business unit and will report to Sweeney. Bhalla Johnson was previously president and chief investment officer, Liberty Mutual Investments.
- Jim MacPhee is named president, Global Retail Markets. He will be responsible for overseeing the company’s retail insurance business unit and will report to Sweeney. MacPhee was previously president and chief operating officer, Global Retail Markets – U.S.
- Vlad Barbalat is named president and chief investment officer, Liberty Mutual Investments. He will be responsible for overseeing the company’s investments business unit and will report to Sweeney. Barbalat was previously executive managing director and co-head of Strategy & Asset Allocation, Liberty Mutual Investments.
Also Dennis Langwell, president, Global Risk Solution, announced he will retire at the end of 2021. Langwell held multiple leadership roles during his 26-year career at Liberty Mutual and will serve in an advisory capacity as vice chairman, Liberty Mutual Insurance Operations, until the end of the year, reporting to Long.