Employers Holdings, Inc. EIG announced today that the Company and Martin J. Welch have mutually agreed to the separation of his employment as the Chief Operating Officer and President of Employers Insurance Company of Nevada and the Company's other subsidiaries, effective February 1, 2011. At the present time, there are no plans to fill Mr. Welch's position upon his departure. The business operations reporting to Mr. Welch will report to Douglas D. Dirks, President and Chief Executive Officer.
Additionally, Mr. Welch has resigned as a member of the Company's Board of Directors and the Boards of Directors of all subsidiaries of the Company on which he serves, in each case effective February 1, 2011. Mr. Welch's resignations are in no way the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
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