Cynthia Y. Valko became the CEO of Global Indemnity Group in September 2011, bringing years of experience in the insurance industry. Prior to this, she served as Senior VP of Commercial Lines at GMAC Insurance and had a role at...
Cynthia Y. Valko became the CEO of Global Indemnity Group in September 2011, bringing years of experience in the insurance industry. Prior to this, she served as Senior VP of Commercial Lines at GMAC Insurance and had a role at Cerberus Private Equity, focusing on turning around the insurance business. She worked her way up in the insurance sector, starting in 1976, and held senior positions including Chief Operating Officer at New York Life International from 1998 to 2006. Cynthia's leadership was pivotal during her tenure, and her compensation reflected her responsibilities, peaking at $1.4 million in total annual pay and receiving bonuses tied to performance metrics like underwriting income. In 2016, her options increased significantly, indicating high expectations for her work. Cynthia retired in January 2021 but left a mark on the company with structured compensation strategies aligning executive pay with company performance. She was recognized for her role in managing growth in a challenging industry and restructuring for future success.