The directors of LTC Global Inc. have overhauled the company’s leadership team.
Thomas Skiff, the current president and chief executive officer (CEO) of LTC Global, Fort Myers, Fla., will be leaving those posts at the end of the year, the company says.
Richard Pitbladdo, LTC Global’s current chief financial officer (CFO) and original CEO, will become chairman and CEO Jan. 1, 2012.David Yost, an executive who has been the company’s treasurer since 2004, will become take over as CFO.
LTC Global is a major long-term care insurance (LTCI) distributor. The company also buys streams of commissions from insurance agents.
Mark Dinsmore, an LTC Global co-founder, says the company directors are bringing Pitbladdo back as chairman and CEO because they would like to change the company’s direction.