Mercury Insurance 2013 Annual Report Download - page 28

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13
Mr. Joseph, Chairman of the Board of Directors, has served in this capacity since 1961. He held the position of Chief
Executive Officer of the Company for 45 years from 1961 through December 2006. Mr. Joseph has more than 50 years’ experience
in the property and casualty insurance business.
Mr. Tirador, President and Chief Executive Officer, served as the Company’s assistant controller from 1994 to 1996. In
1997 and 1998, he served as the Vice President and Controller of the Automobile Club of Southern California. He rejoined the
Company in 1998 as Vice President and Chief Financial Officer. He was appointed President and Chief Operating Officer in
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.
Mr. Menges, Senior Vice President and Chief Claims Officer, joined the Company in August 2013. Prior to joining the
Company, he served as Senior Vice President of Auto Claims at Farmers Insurance from 2008 to 2013 and served in other operational
positions at Farmers Insurance from 1997 to 2008.
Mr. Stalick, Senior Vice President and Chief Financial Officer, joined the Company as Corporate Controller in 1997. He
was appointed Chief Accounting Officer in October 2000 and Vice President and Chief Financial Officer in October 2001. In July
2013, he was named Senior Vice President and Chief Financial Officer. Mr. Stalick is an inactive Certified Public Accountant.
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 November 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.
Ms. Sullivan, Vice President—Human Capital, joined the Company in September 2012. Prior to joining the Company, she
served as Senior Vice President, Human Capital for Arcadian Health Plan from 2008 to 2012. Prior to 2008, she held various
leadership positions at Kaiser Permanente, Progressive Insurance, and Score Educational Centers.
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. In 2011, he became a board member of
the Personal Insurance Federation of California. 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. Any such risks or uncertainties, or any of the following risks or uncertainties, that develop into actual events could result
in a material and adverse effect on the Company’s business, financial condition, results of operations, or liquidity.