Long to retire from Liberty Mutual, Sweeney named next CEO
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David H. Long will retire as CEO of Liberty Mutual Insurance Co. at the end of 2022 and will be succeeded by longtime Liberty Mutual executive Timothy M. Sweeney, the insurer announced Thursday.
Mr. Long, who is 61 and has worked at the Boston-based insurer for 37 years, was named president in 2010, CEO in 2011 and chairman in 2013.
Under his leadership, Liberty Mutual significantly expanded its international and specialty business, including through the 2017 purchase of Ironshore Inc.
He will become executive chairman of the company’s board of directors, a Liberty Mutual statement said.
Mr. Sweeney joined Liberty Mutual in 1993 as director corporate strategy and has held progressively more senior roles, largely in its personal lines and small commercial segments. He was named president of the insurer last year.
He will be the 10th CEO in the company’s 110-year history.
