COUNTRY Financial CEO Kurt Bock Announces Retirement
BLOOMINGTON, Ill. – Kurt Bock will retire as chief executive officer of COUNTRY Financial effective January 31, 2019, after serving in the leadership role for seven years. A search for his successor is underway.
As CEO, Bock led COUNTRY Financial through rapid changes focused on increasing digital capabilities, customer centricity and employee development. During his tenure, he led the maturation of company strategy, the transition of regulatory oversight from the Federal Reserve and development of future capabilities in analytics and business intelligence. In addition, Bock led the mergers of Cotton States Mutual Insurance Company and MiddleOak Insurance Companies with COUNTRY Financial.
“With all the changes underway driving technology and innovation at COUNTRY Financial, I am extremely proud that we keep our focus on the customer and on the people who take care of them,” said Bock. “I am very proud to be a part of this industry and all we do to protect customers and secure futures. For me, there has been no better or nobler purpose.”
During his tenure at COUNTRY Financial, Bock served as a member of the U.S. Department of the Treasury’s Federal Advisory Committee on Insurance, testified to both the House Financial Services Sub-Committee on Housing and Insurance and the Senate Sub-Committee on Securities, Insurance, and Investment, and presented to the National Association of Insurance Commissioners. He currently serves as the Chairman of the Board of Governors of the Property Casualty Insurers Association of America.
Prior to serving as CEO for COUNTRY Financial, Bock served as the CEO of the IAA Credit Union from 2003 to 2005, treasurer of COUNTRY Financial and the Illinois Agricultural Association (IAA) from 2005 to 2008 and chief operating officer of Horizon Hobby from 2008 until 2012. Bock served in the U.S. Air Force for 28 years, attaining the rank of colonel.
Bock earned a bachelor’s degree of science from the U.S. Air Force Academy, master’s degree in business administration from Southern Illinois University and a doctorate of philosophy in business administration from Saint Louis University.