“I am proud of the accomplishments NAIC members have made during my tenure at the NAIC — especially in areas that have resulted in stronger consumer protections, regulatory modernization and more effective financial regulatory oversight,” Weatherford said. “It has been an honor to lead a staff of 426 in Kansas City, Washington, D.C., and New York City. I have served for many years in the area of state insurance regulation and now I am ready for a change. I always try to keep an open mind about what the future holds and I have an interest in many other areas, so I will pursue another professional career. While my decision to leave the NAIC was not an easy one, I know I am leaving the Association in capable hands.”
NAIC President and Kansas Insurance Commissioner Sandy Praeger commended Weatherford for her many accomplishments, as the longest-serving Executive Vice President in the Association’s history.
“We have appreciated Cathy’s outstanding leadership, as well as the professionalism and attention she placed on service to members,” Praeger said. “As a former insurance commissioner from Oklahoma, Cathy was able to anticipate the needs of our members and act quickly to accommodate. She will be missed.”
A national search will be conducted to find her replacement. Andrew Beal, Deputy Executive Vice President and Chief Legal Officer, has been named Acting Executive Vice President and CEO.