On the weekend before his 50th birthday, insurance executive John Leonard drove three hours from Hartford, Connecticut, to Portland, Maine, to accept a job he initially considered out of the question.
He was about to become the first CEO of Maine Employers Mutual Insurance Co., which had been created by state statute two months earlier to save a drowning workers' compensation industry. It was February 1993.
Now, after almost a quarter century with the company, Leonard, 73, has announced his intention to retire in September 2017.
His success as MEMIC's first CEO has been we...
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