The Ontario Broker - Volume 22, Issue 3 - 46

Portage Mutual Insurance
Announces CEO Transition
John Mitchell, FCIP, CRM Wayne Wyborn, FCIP, CRM, PFMM, ICD.D
CEO John Mitchell to Retire - COO Wayne Wyborn to take over as New CEO
Mr. Mitchell has been with Portage Mutual for 39 years and has served as President & CEO since 2010. During his tenure, Mr.
Mitchell has enhanced the company's vision, mission and values while strengthening the company's financial position. Under his
leadership, Portage Mutual grew market share, increased profitability, and successfully completed a legacy IT replacement project
both on time and on budget. He has positioned the Company well for future growth and ongoing technological advancements.
Portage Mutual Insurance Board Chair Brent Gilbert said: " John's commitment to the success of our employees and a focus on
the service provided to our policyholders and brokers have been the hallmarks of his career. He has also worked with the Board to
update and improve our corporate governance practices and procedures. The Board of Directors wishes him well on his retirement. "
Wayne Wyborn joined Portage Mutual in 1986 and was appointed Executive Vice President & Chief Operating Officer in 2010.
He has worked side by side with Mr. Mitchell during recent years in preparation for this succession opportunity. Mr. Wyborn has
been responsible for the company's underwriting, distribution strategy, business development, and revenue growth.
Wayne Wyborn stated " I am thrilled to lead a great team of dedicated professionals as we embark on a new five-year plan.
Our focus on building an agile and innovative culture will position the company for even greater success moving forward. Our
industry has many challenges, but I am confident that we have the people, skills, and dedication necessary to serve and protect our
policyholders now and into the future " .
Board Chair Brent Gilbert stated, " Wayne's skills, experience, and leadership qualities align well with the future direction of the
Company, and we are excited for the opportunity to work with him as our next President & CEO " .
The Board, Mr. Mitchell and Portage Mutual's Executive Leadership Team will be working closely together over the next several
months to support a seamless transition from Mr. Mitchell to Mr. Wyborn.
The Portage la Prairie Mutual Insurance Company was established in 1884 based on the underlying principles of trust, security, integrity, hard work,
and a daily delivery of personalized service. It is a company that is 100% committed to utilizing the professional consumer advisor services of over 600
brokerages across Canada in the distribution of their product.

https://www.portagemutual.com/

The Ontario Broker - Volume 22, Issue 3

Table of Contents for the Digital Edition of The Ontario Broker - Volume 22, Issue 3