Thatcher leaves Kingstone, Goldstein returns as CEO with "one immediate goal"

Property/casualty insurer Kingstone Companies has announced that its chief executive officer Dale Thatcher is stepping down for personal reasons.

Thatcher assumed the position from Barry Goldstein on 1 January 2019.

The company's board of directors has reappointed Goldstein as its CEO, who served in the role for nearly 20 years from 2001 to 2018.

Goldstein is currently Kingstone's executive chairman and its largest shareholder.

“I’m delighted to reassume the post of CEO of a company I worked so hard to build and that is so dear to my heart. I have one immediate goal. That is, while our growth rate continued in Q2, we must now be laser focused on taking those actions needed to enhance our underwriting profitability and post results more consistent with our long history of excellent returns," said Goldstein.

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