FBL Financial Group, the holding company of Farm Bureau Life Insurance Company made two personnel announcements last week. Its board of directors named Jim Brannen to the position of CEO, and Don Seibel, who currently serves as VP, Finance, has been named CFO and treasurer, positions previously held by Brannen since 2007. Both will assume their new roles immediately.
Brannen served as interim CEO since July 1, 2012, following the departure of James Hohmann. Brannen has been with the company for more than 20 years, where he has held various positions in finance and executive management. "In my time at FBL, I’ve been fortunate to work side-by-side with my predecessors on many significant decisions and transactions. While the company has evolved, our commitment to the Farm Bureau brand has always been a priority, and we are focused on that identity today,” he said. "My colleagues and I are committed to continuing to provide the very best service for our shareholders, customers, and the many others who depend on FBL’s success.”
Prior to his appointment as CFO and treasurer, Seibel served on the executive management team as VP, Finance, since 2007. Seibel joined FBL in 1996 and became GAAP accounting VP in 1998 and VP, accounting, in 2002.
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