The Security Benefit Corporation on March 17 announced that Mike Kiley is retiring as Chief Executive Officer after 12 years. He will continue to serve as Chairman of Security Benefit Life Insurance Company Board of Directors after his resignation becomes effective.
Kiley joined the company in 2010 as part of an acquisition team that aimed to revitalize and regrow the company. During his time as CEO, Security Benefit changed its approach to the retirement market, expanding its product line and distribution reach, while introducing multiple innovations.
“I’ve been tremendously honored to work alongside our executive leadership team, and our 2,000 highly skilled, dedicated associates, as we navigated some significant challenges over the past decade,” said Kiley in a press release.
Kiley is succeeded as CEO by current SBL President Doug Wolff, who worked closely with Kiley during his tenure. “It has been a privilege to serve with Mike over the past decade,” stated Wolff in the press release.
“As CEO, I plan to continue our trajectory of growth and have confidence in the people we have in place to execute on the tremendous opportunity we have before us,” added Wolff.
Kiley’s retirement, and Wolff’s assumption of office as CEO, are effective June 30, 2022.
Photo: LinkedIn
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