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Nationwide Financial Announces Retirement Plans of Joseph J. Gasper; Mark R. Thresher to become President and Chief Operating Officer.

Publication: PR Newswire
Publication Date: 10-DEC-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
b Nationwide Financial Services, Inc. , a leading provider of long-term savings and retirement products, today announced the retirement of Joseph J. Gasper as President and Chief Operating Officer and director of the company, effective at the next annual meeting of shareholders in May 2004. The Board of Directors has elected Mark R. Thresher, currently Senior Vice President - Chief Financial Officer, to succeed Mr. Gasper as President and Chief Operating Officer following Mr. Gasper's retirement in May.

"Joe has been an outstanding leader for Nationwide and has been instrumental in creating one of the strongest retirement savings franchises in the market today with a deep and talented management team," said W. G. Jurgensen, chief executive officer of Nationwide. "Beyond his accomplishments at Nationwide, Joe is also known and respected throughout the insurance industry and our community for his vision and integrity. We will miss his passion, innovative thinking and counsel."

"I am very confident in the selection of Mark Thresher to lead Nationwide...

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