Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance, has named Kathy Kranz as the company’s new vice president and CFO.
She will oversee the financial reporting, business planning, and enterprise risks, audits and actuarial functions of Pinnacol Assurance.
“This appointment comes after a lengthy national search, during which it became apparent that [Kranz’s] skills and deep knowledge of our company could not be matched by outside candidates,” said Phil Kalin, Pinnacol’s president and CEO.
“Her leadership will ensure Pinnacol remains financially stable and profitable long term.”
Kranz joined Pinnacol in 2008, holding positions of financial implementation analyst, controller and, most recently, associate vice president of finance.
In the latter role she oversaw Pinnacol’s accounting, financial reporting, cash operations and budgeting functions.
Her accomplishments include developing a four-year plan to ensure Pinnacol’s profitability, and working with Standard & Poor’s to secure a strong financial rating.
Prior to joining Pinnacol, Kranz worked for M.D.C. Holdings as a director of finance and was a vice president of RiskCap (now a part of Beecher Carlson), where she oversaw the finance and accounting operations for 15 captive insurance companies.
