Craig W. Kliethermes has been the President and CEO of RLI Corp. since January 1, 2022. Before that, he held leadership positions within the company, including President and COO of its insurance subsidiaries since 2016. Kliethermes joined RLI in 2006,...
Craig W. Kliethermes has been the President and CEO of RLI Corp. since January 1, 2022. Before that, he held leadership positions within the company, including President and COO of its insurance subsidiaries since 2016. Kliethermes joined RLI in 2006, bringing over thirty-eight years of insurance industry experience. His educational background includes a degree in Mathematics and professional designations that showcase his expertise in the field. Under his leadership, RLI has focused on performance-based goals such as Market Value Potential and Operating Return on Equity. His total compensation in 2023 was approximately $5.2 million, driven mainly by a significant bonus linked to the company’s financial success. Kliethermes has a strong record of success demonstrated through his insider trading history, reflecting a consistent investment in the company. He serves on important committees at RLI, emphasizing strategic financial direction. His career prior to RLI included roles at companies like Lockton and GE Insurance, where he built his experience in risk management and operations. Beyond business, Kliethermes contributes to the community through advisory roles, illustrating a balanced approach to leadership.