Erie Insurance President and CEO Tim NeCastro has plans to retire, the company announced Friday.
NeCastro was named CEO of the Fortune 500 company ten years ago and has spent 30 years at Erie Insurance overall.
During his time as boss, Erie Insurance grew to nearly $13 billion in premium and more than 7 million policies in force.
In 2014, he led the company’s expansion into Kentucky, marking Erie Insurance’s entry into its 12th state.
He also led the company through last June’s significant cyber-security incident that forced a temporary system shutdown.
Word from the company is that they’ll immediately start the search for NeCastro’s successor.
The Erie native is expected to make his retirement official at the end of the year.