Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, today announced that the Board of Directors unanimously elected Scott G. Stephenson, Verisk’s president and chief executive officer, to succeed Frank J. Coyne as Chairman of the Board of Directors. In connection with this change, Verisk is also creating the role of Lead Director and has unanimously named Mr. Coyne to the position. Both of the appointments are effective April 1, 2016.
Mr. Stephenson said, “I am honored by the vote of confidence and will continue to work every day on behalf of Verisk’s shareholders to continue to create long-term value for them. Verisk’s businesses are distinctive and well positioned for success in the future. I am delighted that Frank will remain on the Board as independent Lead Director, continuing in his role as an important advisor to our company and a strong advocate for Verisk shareholders.”
Source: Verisk Press Release