In the wake of the unexpected death of CEO Kent Clapp, Cleveland-based Medical Mutual of Ohio has named an interim management team. Clapp -- who held the titles of chairman, president and chief executive officer of the carrier -- passed away last Wednesday in a plane crash.
Charles A. Bryan, a retired Nationwide Insurance executive, was named the carrier's acting CEO. A Medical Mutual board member since 2001, Bryan has experience working at Ernst & Young, United Services Automobile Association (USAA) and Allstate.
Meanwhile, Samuel Miller, co-chairman of Forest City Enterprises, and David Young, a retired partner with the law firm Squire, Sanders and Dempsey, were named interim co-chairmen of the board. Retired Medical Mutual of Ohio executive James V. Patton will join Bryan, Miller and Young on a management committee.
Bryan said in a statement that the management team will work to select a new long-term leader for the company. The CEO search will begin with a review of internal candidates and then expand outside the company if necessary. "We haven't put a time limit on this process," Bryan said. "but we believe that we should be able to have new leadership in place early in 2009."
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio