NI Holdings appoints Cindy Launer as CEO

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NI Holdings (NASDAQ:NODK [https://seekingalpha.com/symbol/NODK]) on Friday said that Seth Daggett has stepped down as President and CEO, effective immediately, to pursue other opportunities.

* The company’s Board has appointed Cindy Launer, former Interim CEO in 2024, as the new President and CEO.
* Launer, who has 18 years of experience in the insurance industry, including a role as COO at AIG, will also remain on NI Holdings’ Board.
* The Board expressed confidence in her ability to lead the company through its next phase of growth.
* Source: Press Release [https://seekingalpha.com/pr/20262563-ni-holdings-inc-announces-leadership-change]

MORE ON NI HOLDINGS

* NI Holdings announces $5M repurchase plan [https://seekingalpha.com/news/4488979-ni-holdings-announces-5m-repurchase-plan]
* Financial information for NI Holdings [https://seekingalpha.com/symbol/NODK/income-statement]