leadership
confidence high
sentiment neutral
materiality 0.60
Hanover Insurance CEO John C. Roche to retire Dec 31, 2026; COO Richard W. Lavey named CEO-Elect
HANOVER INSURANCE GROUP, INC.
- John C. Roche, 62, will retire as President and CEO and from the Board effective Dec 31, 2026, after a 40-year career.
- Richard W. Lavey, 59, appointed CEO-Elect; expected to become CEO on Jan 1, 2027 and join the Board.
- Lavey has been COO since March 2025 and previously led Hanover Agency Markets, which represents 75% of $7B gross premiums.
- Roche will remain an employee in an advisory capacity through Jan 8, 2027; retirement not related to any disagreement.
- Company plans to discuss strategy at investor day on Sep 17, 2026 and next earnings call on Jul 29, 2026.