The board of directors of FBL Financial Group announced today that CEO James Hohmann will be stepping down effective June 30, 2012. He also will be stepping down from the FBL Financial Group board. Current CFO, James Brannen, has been named interim CEO, until a successor can be appointed.
FBL says its board of directors expects to implement a process to identify and name a permanent CEO by the end of the year. Brannen, currently serving as CFO, chief administrative officer and treasurer of FBL, will lead the organization until a permanent replacement is named.
According to FBL, Brannen joined FBL in 1991 and held various positions in the tax and accounting areas, prior to being named to his current position in 2007. Before joining FBL, Brannen worked primarily on corporate tax matters for insurance companies for Ernst & Young.
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