Foresters Financial™ (Foresters), the fraternal life insurer redefining experience through purpose-driven innovation, is pleased to announce the election of its new Board of Directors, ushering in a new four-year term grounded in purpose and an unwavering commitment to member well-being.
Re-elected to the Board are Katherine A. Bardswick, Michael C. Edge, Daniel J. Fortin, Richard P. Hennick, Shelly A. Herman, Michael Lombardi, Janice M. Madon, Gino A. Scapillati, Robert W. Wight and Cynthia L. Worley.
Joining the Board as new independent business directors are Lynn E. Oldfield, who served as President and CEO of AIG Insurance Company of Canada from 2008 to 2023 and continues as a Non-Executive Director of AIG; Linda J. Seymour, who was appointed Group General Manager, President and CEO of HSBC Canada in 2020 and led the organization through its successful sale to RBC in 2024; Martin I. Sheerin, former CFO of John Hancock Financial Services with deep expertise in governance, financial reporting, risk, and capital management; and Nikki L. Sorum, former Head of Sales and Distribution at Thrivent, where she led over 2,000 financial advisors serving 2.4 million clients.
The Board re-appointed Daniel Fortin as Chair to lead the organization over the next four years.
“It’s an honour to serve an organization that has stood the test of time by staying true to its purpose,” said Mr. Fortin. “I’ve witnessed firsthand how Foresters meets the evolving needs of its members while never losing sight of its values. As we enter this next chapter, I’m deeply inspired by the strength of our Board, the dedication of our teams, and the unwavering spirit of our members. Together, we will continue building a future where doing good isn’t just a mission; it’s who we are.”
Member leaders re-elected Richard Hennick as the International Fraternal President and Shelly Herman as the new International Fraternal Vice President.
Matt Berman, President and CEO of Foresters Financial, expressed his enthusiasm for this next chapter. “We are grateful to our Board members, both new and returning, for their service and guidance as we reimagine the impact of life insurance in our members’ lives. Their experience and vision will be invaluable as we continue to innovate while staying true to our values. I also want to thank our outgoing Board members for their dedication during a defining moment in our transformation. They’ve helped build the foundation on which we now stand.”
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