MADISON, Wisconsin - WEA Insurance Corporation (WEA Trust) current President and CEO Mark Moody has announced his plans to retire at the end of 2016.
After nearly ten years, and with the consultation and support of the Board of Directors, the executive leadership team and my family, I have decided the time has come for me to begin the transition toward retirement,” Mr. Moody said.
As part of the planned transition, the WEA Trust Board of Directors has appointed Mike Quist Executive Vice President and Chief Operating Officer. Mr. Quist will become President and CEO upon the retirement of Mr. Moody. Mr. Quist joined the company in 2011 as Chief Financial Officer and has served in a variety of executive leadership roles leading to this appointment. Prior to working for WEA Trust, Mr. Quist held executive positions in the insurance and consulting industries. He will oversee all day-to-day operations of WEA Trust during the transition.
“I am excited about this opportunity to carry on our mission of providing top quality health insurance to public employees in Wisconsin,” Mr. Quist said. “We are in an excellent position to grow and our future is bright.”
“The Board was very engaged in the process of selecting the next CEO,” said Mary Theisen, Chair of the Board of Directors. “Mr. Quist’s deep knowledge and respect for the mission, values and culture of the Trust, combined with his insurance and leadership expertise, make him ideal to lead the company into the future.”
The WEA Trust provides group health insurance and administrative services to public employers throughout Wisconsin. The not-for-profit WEA Trust was created by WEAC in 1970 to serve Wisconsin school district employees. Today, the WEA Trust offers its top-rated service and quality benefits to all state, county, and municipal groups.