Stoneburner to step aside at Cincinnati
The head of Cincinnati Financial's commercial lines division
Bud Stoneburner is set to retire in the next six months.
He will be replaced by Stephen Spray as part of a shakeup of the
department that began late last year.
Spray will begin to manage the day-to-day operations of
Cincinnati Financial's commercial lines business from the
beginning of October.
Meanwhile Stoneburner will remain in an executive role until he
retires, the insurer said.
Cincinnati Financial president and CEO Steven Johnst
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