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December 22, 2010

Hanover Insurance Plans For New CFO

Worcester-based Hanover Insurance plans to make David B. Greenfield the company's CFO next year.

Greenfield most recently served as executive vice president and CFO of Bermuda-based AXIS Capital Holdings Limited, where he was part of the company's executive management group and was responsible for all aspects of the firm's financial operations. He recently joined Hanover as  executive vice president and senior finance officer, but will step into the CFO role in March 2011.

Greenfield will take over for Steven J. Bensinger, who will be stepping down to return to the New York area.

Hanover also announced that John J. Brennan was elected to its board of directors.

Brennan is chairman emeritus and senior advisor of The Vanguard Group Inc. in Pennsylvania. He served in the roles of president, CEO and chairman at Vanguard from 1989 to 2009. He is on the board of governors for the Financial Industry Regulatory Authority and chairman of the Financial Accounting Foundation's board of trustees.

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