Trustmark
#4125
Rank
$2.17B
Marketcap
United States
Country
Mr. Duane Arthur Dewey CFP (Pres, CEO & Director)
Mr. Thomas C. Owens (Principal Financial Officer & Treasurer)
Mr. Granville Tate Jr. (Sec.)
Summary
History
Trustmark was founded in 1913 as the Brotherhood of All Railway Employees, and later in 1917 adopted the name Benefit Association of Railway Employees. In 1963 the company became Benefit Trust Life Insurance Company. Only in 1994 was the name "Trustmark Insurance Company" adopted, upon merger with Bankers Mutual Life of Freeport.By 1998 Trustmark had assets of 1.8 billion dollars. In 2010 the company purchased Health Fitness Corporation of Bloomington, Minnesota to expand their offerings into consumer health programs that encourage workers to stay fit and healthy. In 2012 United States Secretary of Health and Human Services Kathleen Sebelius ordered the company to rescind its rate hike increases under powers granted by the Affordable Care Act; describing them as "excessive rate increases that would raise rates at least thirteen percent for customers in Alabama, Arizona, Pennsylvania, Virginia, and Wyoming". This was the second time in the history of the United States that this power was used since the act was passed in 2010.Kevin Slawin becomes President and CEO of Trustmark in 2018. David D. Weick has served as Chairman of the Board since 2015.
Mission
Vision
Key Team
Mr. George T. Chambers Jr. (Principal Accounting Officer)
Mr. F. Joseph Rein Jr. (Sr. VP & Assistant Sec.)
Ms. Melanie A. Morgan (Sr. VP & Director of Corp. Communications & Marketing)
Mr. Wayne Arthur Stevens (Pres of Retail Banking of Trustmark National Bank)
Recognition and Awards
References
Mr. Duane Arthur Dewey CFP (Pres, CEO & Director)
Mr. Thomas C. Owens (Principal Financial Officer & Treasurer)
Mr. Granville Tate Jr. (Sec.)