The board of directors of NJM Insurance Group formally approved Carol Voorhees to the position of president and chief executive officer at its meeting on July 25.
Voorhees most recently served as executive vice president and chief operating officer. She becomes the first woman and 10th chief executive in the company’s 112-year history.
“I am truly honored to lead NJM. After 29 years of service, I understand NJM’s value proposition and what makes us special – providing outstanding service to our policyholders,” said Voorhees. “As we begin this new chapter, I look forward to continuing NJM’s mission of serving the needs of our customers throughout the Mid-Atlantic region.”
Voorhees joined NJM in 1996 in the information technology department and assumed roles of increasing responsibility. Voorhees was instrumental in creating a project-management process and led several strategic technology upgrades at the company. In 2018, the board of directors elected her to the position of senior vice president and chief information officer, and joined the company’s executive leadership team. Voorhees was named executive vice president and chief operating officer in 2024.
“Carol’s experience has played an integral role in NJM’s strategic expansion and technology upgrades,” said Edward Stern, chairman of NJM’s board of directors. “Her leadership and commitment to delivering outstanding service to our policyholders made her the unanimous choice to lead the company.”
