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BancInsure’s Chief Financial Officer to Retire - Interim Replacement Named - Cynthia F. McInerney to retire, Mark Krienke appointed as interim CFO
BancInsure’s Chief Financial Officer to Retire - Interim Replacement Named

 

PRZOOM - /newswire/ - Oklahoma City, OK, United States, 2009/11/03 - Cynthia F. McInerney to retire, Mark Krienke appointed as interim CFO.

   
 
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Following a meeting of the board of directors last week in Oklahoma City, BMSI Holdings, Inc. - the holding company for insurance carrier BancInsure - announced the retirement of Cynthia F. McInerney. Mrs. McInerney has served in numerous roles, most recently as a director, Executive Vice President, CFO, Treasurer and Secretary of the Companies. Her retirement becomes effective November 15, 2009.

“Cindy’s presence in the organization pre-dates the inception of the first policy. She was here on the first day of operations and her accomplishments will continue to benefit our policyholders, shareholders, and employees well into the foreseeable future,” said Rodney N. Sargent, President & Chief Executive Officer.”

“Cindy’s impact over the years has been truly significant,” said Galen T. Pate, Chairman of the Companies. “On behalf of the entire Board of Directors, we commend Cindy for her dedication, contributions, and commitment throughout her career.”

BMSI Holdings also announced the promotion and election of Mark Krienke to Vice President of the Companies. Mr. Krienke, 44, was also named interim CFO, Secretary and Treasurer until a permanent replacement is named and he will report directly to the CEO.

“We are very fortunate indeed to have a financial professional of Mark’s caliber already in place and immediately prepared to assume the responsibilities of the position.” said Sargent, “His in-depth knowledge of our financials and accounting systems will allow Mark to transition smoothly into his larger responsibilities.”

Prior to his promotion, Mr. Krienke served as Director of Accounting at BancInsure, where he was responsible for controllership, financial planning and month-end reporting. Before coming to BancInsure, Mark was a Director at Claimetrics, where he was instrumental in implementing accounting, claims, and financial systems for the firm.

A graduate of Midwestern State University in Wichita Falls, Texas, Mr. Krienke is active in his church and community.

About BancInsure
Headquartered in Oklahoma City, BancInsure (bancinsure.com) is a full-line independent insurer, licensed in 48 states. BancInsure holds an “A- (Excellent) with a stable outlook” rating from A.M. Best and is endorsed by eighteen state banking organizations.

 
 
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Agency / Source: BancInsure

 
 

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BancInsure’s Chief Financial Officer to Retire - Interim Replacement Named

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Contact: Peter Risman - BancInsure.com 
210-854-7121 prisman[.]bancinsure.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BancInsure securities in any jurisdiction including any other companies listed or named in this release.

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