NI Holdings announced that Michael Alexander has stepped down from his role as president and CEO of NI Holdings, along with his role as a board member of the company, effective August 13. The board has appointed Cindy Launer as interim CEO, effective August 13. Launer has served as an independent non-executive director on NI Holdings’ board since November 2019 and brings 18 years of experience. The board of directors is immediately starting the process of finding the next CEO and has no definitive timeline for that search at this moment.
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