American Financial Group, Inc. (NYSE: AFG) has recently announced changes to its Board of Directors. The company's Board has elected Craig Lindner Jr. and David L. Thompson Jr. as Directors, while James E. Evans has notified the Board that he will not stand for reelection at the 2025 Annual Meeting of Shareholders.
Mr. Lindner, who serves as the Divisional President of AFG Real Estate Investments, has been with the company since 2002. Over the course of his 20-year career, he has played a key role in overseeing the management and operations of the Company’s investments in real estate equity and debt. On the other hand, Mr. Thompson currently serves as Chairman of the Board, President, and Chief Operating Officer of Great American Insurance Company, AFG’s flagship property and casualty insurance company. He has been with Great American since 2006 and has had direct executive oversight of many of Great American’s specialty property and casualty businesses.
The Co-CEOs of AFG, Carl H. Lindner III and S. Craig Lindner, expressed their pleasure in welcoming Craig and David to the Board of Directors, emphasizing their extensive operating experience within the company's property and casualty and investment operations. They also acknowledged the significant role played by James E. Evans over the years and expressed their gratitude for his service.
American Financial Group, Inc. is an insurance holding company based in Cincinnati, Ohio, primarily engaged in property and casualty insurance through the operations of Great American Insurance Group. Great American Insurance Group's roots date back to 1872 with the founding of its flagship company, Great American Insurance Company. The market has reacted to these announcements by moving the company's shares -1.7% to a price of $119.89. For more information, read the company's full 8-K submission here.
