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Hanover Insurance Group Inc.'s chief financial officer, David B. Greenfield, died over the weekend at age 53.
In a statement released Monday, the Worcester, Massachusetts-based insurer said Mr. Greenfield died “following a health event,” but did not elaborate.
Mr. Greenfield joined Hanover in 2010 and was named executive vice president and CFO in 2011. He had previously served as executive vice president and CFO of Pembroke, Bermuda-based Axis Capital Holdings Ltd.
“We are deeply saddened by David's passing,” Hanover President and CEO Frederick H. Eppinger said in the statement. “David was a loving husband and father, a leader, a colleague, a tireless mentor and a friend. He made an indelible mark on our company. He will be remembered as a professional with great passion and commitment, and as someone who made an important difference during his time with us. Our hearts go out to his family.”
Hanover's board of directors has appointed Mr. Eppinger to serve as acting CFO and Warren Barnes, vice president and corporate controller, to serve as acting principal accounting officer.
Hanover announced last month that Mr. Eppinger would step down from his current position after a successor is appointed.
Hanover Insurance Group Inc. is introducing an enhanced suite of general liability and umbrella coverage offerings, the insurer said Thursday.