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National Life Names MacLeay Chairman

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NU Online News Service, March 14, 2003, 12:21 p.m. EST – The National Life Group, Montpelier, Vt., has named Thomas MacLeay chairman and chief executive officer.

The company has also named James Mallon president and chief operating officer of its main operating unit, National Life Insurance Company.

MacLeay, who has been running the company on an interim basis since June 2002, succeeds Patrick Welch, who left to become president of the managed care operations at CIGNA Corp., Philadelphia.

MacLeay began working for National Life 26 years ago, as a securities analyst. He served as president from 1996 through 2001, then left briefly before returning to become acting chairman.

Mallon has been National Life’s chief marketing officer since he began working for the company in 1998. He previously was president of Integon Life Insurance Company, Raleigh, N.C.