STEVENS POINT, Wis. (WSAU) - A few days ago, Sentry Insurance announced their President, CEO, and Chairman of the Board Dale Schuh is retiring at the end of the month. Some of Schuh’s coworkers are praising the outgoing leader’s accomplishments.
Jim Weishan is the Executive Vice President and Chief Investment Officer, as well as President of Sentry Insurance Foundation. Weishan says Schuh brought the company through some very tough times and is leaving the company in a very strong position. “During that period of time, Dale has focussed on getting the company into a position where we are financially extremely strong. We are poised for the next level of opportunities on which the company can embark, that is to continue to now really grow the company to become a major factor in some of our markets.”
Dale Schuh is one of those rare workers that spend his entire 40-plus year career with one company, and even interned for three years at Sentry while still attending Lawrence University. “It’s the type of person that Dale is. When he’s committed to a cause or an organization, he sticks with it, and I think it was an outstanding marriage of Dale’s talents and abilities and a company that was in need of an individual with his skill sets, and so he rose relatively rapidly through the ranks.”
One of Schuh’s skills is applying mathematics, which led him to have an expertise in actuarial data... the type of statistics that insurance companies use to calculate consumer prices based on losses and premiums received.
During Schuh’s leadership since 1996, Sentry Insurance has acquired John Deere Insurance and Viking Insurance, adding 325 jobs.
Peter McPartland has taken over as President and CEO. The Board of Directors will choose a new Chairman of the Board by the end of August.
Sentry Insurance is headquartered in Stevens Point where it employs more than 2,200 in three offices. Sentry and its subsidiaries provide property and casualty insurance, life insurance, annuities and retirement programs for business and individuals throughout the United States.