NU Online News Service, Jan. 8, 2004, 11:54 a.m. EST – North Carolina Mutual Life Insurance Company, Durham, N.C., says James Speed Jr. has taken over as the company’s new president and chief executive officer.[@@]
Speed, who previously was the company’s chief financial officer, was the chief financial officer at Hardee’s Food Systems Inc., St. Louis, from 1997 to 2000. He succeeds Bert Collins, who has been North Carolina Mutual’s president since 1990. Collins is now the chairman, and Nathan Garrett, who has been the chairman, is now the chairman emeritus.