Nationwide appoints new CTO

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Nationwide announced Michael Carrel will take on the role of chief technology officer. Carrel was most recently senior vice president and chief technology officer for Nationwide Financial.

Kirt Walker, Nationwide CEO, said in a statement: "As we prepare to enter Nationwide's centennial year, we're pleased to name Michael Carrel to lead our technology team. 

"Michael brings deep business and technology experience to this role and will be a champion for enterprise adoption of AI and new technologies, delivering on our vision to be the most trusted, most caring, most customer-focused protection company."

Jim Fowler, who was CTO for the past seven years, is joining Lumen Technologies as chief technology and product officer in January.