Wadsworth to retire from Preferred; Taft to succeed him as CEO

NEW BERLIN – Preferred Mutual Insurance Company’s chairman and chief executive officer, Robert A. Wadsworth, will retire at the end of 2008, the company announced Thursday. Effective Jan. 1 2009, Preferred Mutual will name Christopher P. Taft as its president and chief executive officer. Taft is currently the company’s president and chief operating officer. Wadsworth will continue to provide leadership to the company and its board of directors as chairman of the board.

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