Mercury Insurance 2012 Annual Report Download - page 34

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13
October 2001 and Chief Executive Officer in January 2007. Mr. Tirador has over 20 years experience in the property and casualty
insurance industry and is an inactive Certified Public Accountant.
Mr. Lubitz, Senior Vice President and Chief Information Officer, joined the Company in January 2008. Prior to joining the
Company, he served as Senior Vice President and Chief Information Officer of Option One Mortgage from 2003 to 2007. He held
executive roles including Chief Information Officer of Ditech Mortgage and President of ANR Consulting Group from 2000 to
2003. Prior to 2000, he held several positions at TRW, Experian, and First American Corporation, most recently as a Senior Vice
President and Chief Information Officer.
Ms. Moore, Senior Vice President and Chief Claims Officer, joined the Company in the claims department in 1981. She
was named Vice President of Claims in 1991 and Vice President and Chief Claims Officer in 1995. She was promoted to Senior
Vice President and Chief Claims Officer on January 1, 2007.
Mr. Sutton, Senior Vice President—Customer Service, joined the Company as Assistant to the Chief Executive Officer in
July 2000. He was named Vice President in September 2007 and Senior Vice President in January 2008. Prior to joining the
Company, he served as President and Chief Executive Officer of the Covenant Group from 1994 to 2000. Prior to 1994, he held
various executive positions at Hanover Insurance Company.
Mr. Graves, Vice President and Chief Investment Officer, has been employed by the Company in the investment department
since 1986. Mr. Graves was appointed Chief Investment Officer in 1998, and named Vice President in April 2001.
Mr. Houlihan, Vice President and Chief Product Officer, joined the Company in his current position in December 2007. Prior
to joining the Company, he served as National Product Manager at Bristol West Insurance Group from 2005 to 2007 and Product
Manager at Progressive Insurance Company from 1999 to 2005.
Mr. Kitzmiller, Vice President and Chief Underwriting Officer, has been employed by the Company in the underwriting
department since 1972. Mr. Kitzmiller was appointed Vice President in 1991, and named Chief Underwriting Officer in January
2010.
Mr. Minnich, Vice President—Marketing, joined the Company as an underwriter in 1989. In 2007, he joined Superior
Access Insurance Services as Director of Agency Operations and rejoined the Company as an Assistant Product Manager in 2008.
In 2009, he was named Senior Director of Marketing, a role he held until appointed to his current position later in 2009. Mr. Minnich
has over 20 years experience in the property and casualty insurance industry and is a Chartered Property and Casualty Underwriter.
Mr. Stalick, Vice President and Chief Financial Officer, joined the Company as Corporate Controller in 1997. In October
2000, he was named Chief Accounting Officer, a role he held until appointed to his current position in October 2001. Mr. Stalick
is an inactive Certified Public Accountant.
Mr. Toney, Vice President and Chief Actuary, joined the Company in 1984 as a programmer/analyst. In 1994, he earned his
Fellowship in the Casualty Actuarial Society and was appointed to his current position. Mr. Toney is Mr. Joseph’s nephew.
Ms. Walters, Vice President—Corporate Affairs and Secretary, has been employed by the Company since 1967, and has
served as its Secretary since 1982. Ms. Walters was named Vice President—Corporate Affairs in 1998.
Item 1A. Risk Factors
The Company’s business involves various risks and uncertainties in addition to the normal risks of business, some of which
are discussed in this section. It should be noted that the Company’s business and that of other insurers may be adversely affected
by a downturn in general economic conditions and other forces beyond the Company’s control. In addition, other risks and
uncertainties not presently known or that the Company currently believes to be immaterial may also adversely affect the Company’s
business. If any such risks or uncertainties, or any of the following risks or uncertainties, develop into actual events, there could
be a materially adverse effect on the Company’s business, financial condition, results of operations, or liquidity.
The information discussed below should be considered carefully with the other information contained in this Annual Report
on Form 10-K and the other documents and materials filed by the Company with the SEC, as well as news releases and other
information publicly disseminated by the Company from time to time.