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Richard Lavey Named Hanover CEO-Elect as John Roche Plans Departure

After two decades of service, John “Jack” C. Roche will step down as CEO of The Hanover Insurance Group on December 31. His successor, Richard W. Lavey, currently serves as the chief operating officer of Hanover Agency Markets and has been appointed chief executive-elect to manage the transition.

Richard Lavey Named Hanover CEO-Elect as John Roche Plans Departure

Lavey brings 22 years of company experience to the role. Throughout his tenure, he has directed the strategic transformation of the firm’s operating model while driving growth across core commercial and personal insurance lines. He will collaborate directly with Roche over the coming months to ensure stability as leadership changes hands.

Roche expressed full confidence in his successor’s ability to guide the organization into its next chapter. Lavey’s appointment signals a commitment to internal continuity, leveraging his deep familiarity with the company’s existing infrastructure to navigate the shifting insurance landscape.

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