NI Holdings (NASDAQ: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