PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard) today announced the appointment of Tom Simpson, currently senior director of Financial Planning and Analysis, as assistant vice president and corporate controller.
In his new role, Simpson will have oversight for all external and parent company financial reporting, including statutory reporting, investment accounting and accounting policy. He will also continue to have responsibility and oversight for financial systems, financial planning and analysis, operating expense budgeting and reporting as well as business support functions.
Simpson has 20 years of experience in the insurance industry and started with The Standard in 2007 as a senior financial analyst. He has held various management positions in Corporate Finance and Accounting, including director of SEC Reporting and senior director of Financial Reporting and Accounting Policy. Before joining The Standard, he worked for Nationwide Insurance Company as a finance manager.
“I’m delighted to announce the selection of Tom as our new corporate controller,” said Rob Erickson, vice president, chief accounting officer and treasurer of The Standard. “Tom brings deep expertise in financial management, accounting, financial reporting, and financial planning and analysis that will continue to add great value to our organization.”
Simpson received his Bachelor of Science in financial management from Franklin University. He is a certified public accountant, a member of the American Institute of Certified Public Accountants and is a board member and chair of the audit committee for Relay Resources, a nonprofit organization in the Portland area.
About The Standard
The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook, Twitter or LinkedIn.
The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, and StanCorp Equities, Inc.