Leadership Changes at Securian Financial: A New Era Begins

Leadership Changes at Securian Financial: A New Era Begins

Securian Financial has recently announced a significant transition in its leadership team, marking the retirement of Warren Zaccaro, the current Chief Financial Officer (CFO). This noteworthy change is sure to shape the future of the company as it continues its mission to serve its clientele effectively.

Warren Zaccaro's Remarkable Tenure

Warren Zaccaro has dedicated over 20 years of service to Securian Financial, leading the company's financial strategy through various economic landscapes. His expertise and guidance have been pivotal in steering the company toward sustained growth. As CFO, Zaccaro played an essential role in maintaining robust financial strength ratings from independent agencies, a testament to his leadership.

A Heartfelt Farewell

As Zaccaro prepares for retirement on a specified date in 2025, he leaves behind a legacy of excellence and integrity. Chris Hilger, the chairman and CEO of Securian Financial, expressed his gratitude, illuminating the profound impact Zaccaro has had during a time of considerable change and opportunity within the company.

A New Chapter with Pete Berlute

In anticipation of Zaccaro's departure, Pete Berlute has been tapped to step into the role of CFO. Berlute has held various leadership positions within Securian since joining the organization in 2006. His extensive experience is set to provide a seamless transition while upholding the standards established by Zaccaro.

The Path Forward for Securian Financial

With Berlute at the helm, the financial plans and policies of Securian Financial will continue to evolve, ensuring that the company meets the demands of its clients. Hilger has expressed confidence in Berlute's ability to carry forward Zaccaro's legacy while driving continued success for Securian.

Proven Track Record of Success

Berlute's leadership accomplishments are noteworthy. Notably, as the senior vice president of Affinity Solutions, he oversaw the growth of affiliate businesses to surpass $1 billion in revenue for the first time in 2023. His strategic insights and operational expertise position him well for the challenges and opportunities that lie ahead as CFO.

Succession in Affinity Solutions

As Berlute transitions to his new role, Dave Seidel will take over as senior vice president of Affinity Solutions. Seidel's robust involvement in steering the Affinity Solutions business has prepared him for this greater challenge. Hilger’s trust in Seidel’s capabilities underscores Securian’s dedication to strong leadership throughout the organization.

About Securian Financial

Securian Financial has been a stalwart in the insurance and retirement solutions sector for more than 140 years. It is committed to meeting the evolving needs of individuals, families, and businesses, serving over 23 million clients across the U.S. and Canada. The company's mission is to provide peace of mind through reliable partnerships and innovative products.

Contact and Further Information

For those interested in learning more about Securian Financial's offerings, the company invites you to explore its website to find detailed insights regarding its range of financial products. The organization prides itself on transparency and aims to establish trust with clients through every interaction.

Frequently Asked Questions

What prompted Warren Zaccaro's retirement?

Warren Zaccaro decided to retire after a long-standing career of over 20 years, paving the way for new leadership within the finance department.

Who will succeed Warren Zaccaro as CFO?

Pete Berlute has been named as the successor to Warren Zaccaro and will assume the CFO role in June 2025.

What has been Pete Berlute's role at Securian Financial?

Pete Berlute has held various influential positions within Securian Financial, most recently serving as senior vice president of Affinity Solutions.

How has Securian Financial performed financially?

Under Zaccaro's leadership, Securian Financial has achieved consistent growth and maintained strong financial ratings from independent agencies.

Who will take over the Affinity Solutions division?

Dave Seidel will step into the role of senior vice president of Affinity Solutions, succeeding Pete Berlute.

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