Nationwide Chief Executive Officer Steve Rasmussen announced that he plans to retire effective October 1. The Nationwide Board of Directors is conducting a search for a successor with the support of an independent CEO succession advisor. Rasmussen will continue to be available through the end of this year to ensure a smooth transition.
Rasmussen has had a 45-year career at the Nationwide family of companies. Prior to being named CEO of Nationwide in February 2009, Rasmussen was president and chief operating officer of the company’s Property and Casualty insurance division from 2003 to 2009. He first joined Nationwide in 1998
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