CEO Succession Plan

FaithLife Financial is announcing that Karen Bjerland will retire as CEO and that Glenn Hymers has been appointed as her successor.

Bryce Walker, Board Chair of the Waterloo-based fraternal benefit society, said the change will take place on November 12, 2018. Ms. Bjerland will provide support during a transition period to the end of February, 2019.

More about Karen Bjerland

Karen presided as FaithLife Financial’s President and CEO since 2010, during a period of significant transformation. The organization’s value proposition was revitalized, a new back-office administration system was launched, distribution capacity and capability were enhanced, life insurance and fraternal products were revamped and the organization increased its membership by 15% through the assumption of the life insurance policies of the Sons of Scotland Benevolent Association. “We thank Karen for her important contributions to FaithLife Financial, and wish her well as she moves to the next chapter of serving others and demonstrating faith through service”, said Board Chair, Bryce Walker.

More about Glenn Hymers

Glenn Hymers is an executive leader with a passion for creating teams, leading change and growing businesses. He has demonstrated outstanding performance against key business goals and implemented innovative growth and distribution strategies with organizations such as CST Consultants, Foresters Financial and the Royal Bank.

Glenn graduated from Carleton University with a Bachelor of Commerce and received his MBA from the University of Toronto. He is also an Institute-Certified Director through the Rotman School of Management.

Glenn grew up in the United Church, and has a keen appreciation for FaithLife Financial’s mission and values, with a particular focus on being wise with money and living generously. Glenn and his family live in Oakville.

Glenn says, “I am very excited to be joining the FaithLife Financial team and becoming a member of such a great organization. I believe strongly in FaithLife Financial’s values and mission of providing families with financial protection, encouraging member volunteerism and investing in communities. I also believe that FaithLife Financial has a unique value proposition in the marketplace that resonates with Canadians and can provide a platform for future growth. I look forward to continuing to build on the important work of this wonderful organization.”

The Board and staff of FaithLife Financial welcome Glenn Hymers as the new President and CEO – leading FaithLife Financial into a new period of growth and service to members.

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