Welcome to Worcester, Mr. Zubretsky
Replacing a legacy CEO is a tough assignment. Frederick H. Eppinger's 13-year run as the head of Hanover Insurance Co. not only included the turnaround of the organization, but a doubling in the size of the company and its transformation into a global player in the property and casualty insurance industry. In addition, Eppinger's hand has been all over the ongoing transformation of Worcester's city center. His replacement, Joseph M. Zubretsky, will transition permanently into the president and CEO's role on June 20.
While Zubretsky should lead with his own strengths and not get caught up in trying to duplicate Eppinger's style or accomplishments, he should strive to uphold the same values that Eppinger emphasised in making Hanover a much more influential and successful industry player and a vital corporate partner in the Worcester community.
As a native of nearly Spencer and a graduate of Holy Cross, Eppinger understood a vibrant Worcester laid a strong foundation for Hanover Insurance. That vision led to the company becoming a huge supporter and catalyst for the restored Hanover Theater, the upgraded minor league ballpark at Holy Cross that also carries the company's name, the large investment in downtown real estate by Hanover's real estate arm and a number of other community initiatives. Eppinger and his wife, too, gave their time talents and personal support to the community.
As Zubretsky leads Hanover into the next phase of its growth, the signs are strong that Hanover will maintain its current course. Company Chairman Mike Angelini said as much when he said, “Our board is confident that he is uniquely qualified to work with our exceptional leadership team to continue our company's success and expand our business.”
We join the chorus in calling for the new CEO and his team to stay the course and keep up the same values and support for the company's hometown. The impact an effective leader and solid corporate citizen can have on the company, Worcester and the Central Massachusetts economy is significant.
WBJ Web Partners
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