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CEA Executive-Management Team to Add Chief Information Officer

Largest residential earthquake insurer hires 25-year information technology executive to fill key strategic-leadership role

SACRAMENTO, Calif. – The California Earthquake Authority (CEA) announced today the hiring of Todd Coombes, a business-technology executive with more than 25 years of leadership in insurance and other industries, as the CEA's first Chief Information Officer (CIO).

Mr. Coombes comes to the CEA from ITT Educational Services, Inc., where he was executive vice president and CIO. Before joining ITT, he was part of the leadership team at CNO Financial Group, a $4 billion insurance company with corporate offices in Indiana.

In 2012, Computerworld named Mr. Coombes one of its "Premier 100 IT Leaders."

"We are incredibly fortunate to have someone of Todd's talent and experience join the CEA team," said CEA Chief Executive Officer Glenn Pomeroy. "I am absolutely thrilled that Todd and his family have decided to come home to California, where he will play a huge role as we re-energize our technological capabilities."

Mr. Coombes received his MBA from Anderson University in Indiana, and he earned a BS in Information Services Management from the University of San Francisco and an AA in Computer Studies from Sierra College in Rocklin, California.

"I look forward to developing and implementing CEA's newest information-technology strategic plans and initiatives," said Coombes. "Plus, it will be nice to be back in northern California, where I can live and work close to family and lifelong friends."

Mr. Coombes' first day at the CEA will be June 3, 2013.

Background

Accepting a key recommendation of international business-consulting firm PricewaterhouseCoopers, the CEA Governing Board approved adding a CIO to the CEA executive team, allowing the CEA to continue leading the way in developing creative residential-earthquake products, supported by both loss-mitigation and marketing initiatives.

About the CEA

The CEA is a publicly managed, privately funded organization that provides catastrophe residential earthquake insurance and encourages Californians to reduce their risk of earthquake loss. People choosing CEA insurance get peace-of-mind from knowing they can afford to repair, rebuild, or replace their covered property that may be damaged by the next catastrophic earthquake.

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