Penny McCune has been appointed as the first female President and CEO effective June 1st.
SGI’s board of directors say they conducted an extensive national search, before selecting the internal candidate. McCune joined the company in 1985 as a temporary junior clerk and is currently the Executive Vice President and Chief Operating Officer of the Auto Fund.
SGI board chair Denis Perrault says as a long-standing SGI employee, McCune has extensive experience in the insurance industry and understands SGI’s unique opportunities and challenges as both the compulsory auto insurance program in Saskatchewan, and a competitive insurer.
“She’s a strong, strategic and passionate leader with a focus on delivering value for customers, stakeholders, and SGI’s business partners,” he adds.
McCune says she feels honoured to accept the leadership role.
“I’ve grown up at SGI, so I know this company well. I understand its value, I care about it, and I believe I can lead it in a manner that will protect its uniqueness and its value to the province. I’m excited to contribute to SGI’s continued success and look forward to what the future holds.”
McCune was born, raised and educated in Saskatchewan. She has a Bachelor of Administration from the University of Regina and her Chartered Insurance Professional designation from the Insurance Institute of Canada.
McCune takes over from President and CEO Andrew Cartmell, who retired on April 4th, 2022.