John W. Hayden, 53, who has served 13 years as President and CEO of The Midland Company, recently announced plans to retire on Oct. 15 from the company his grandfather co-founded in Cincinnati in 1938 and his father helped transform in 1961 by taking it public.
During Hayden’s nearly 30-year tenure at the Amelia-based company, he helped successfully remake Midland’s American Modern Insurance Group subsidiary from a single-product, limited-distribution company to a multi-product, multi-channel specialty insurance leader, with a consistent track record of growth and profitability and annual revenues in excess of $1 billion.
When Midland and its subsidiaries were acquired in 2008 by Munich Re America to help build a primary specialty insurance platform in the United States, Hayden accepted an expanded role as President of Munich Re America’s Specialty Insurance Division, which includes American Modern and the Specialty Markets division of Munich Re America.