NI Holdings, Inc. announced the appointment of Seth C. Daggett as its new President and Chief Executive Officer, effective December 1, 2024. Mr. Daggett previously served as the company's Chief Financial Officer and Treasurer, bringing over two decades of industry experience to his new role.
Mr. Daggett succeeds Cindy L. Launer, who served as Interim CEO during the Board of Directors' search for a permanent leader and will return to her role as an independent non-executive director. Eric K. Aamundstad, Chairman of the Board, expressed confidence in Mr. Daggett's leadership and deep ties to the company and the North Dakota community.
Concurrently, Matt Maki, Vice President of Financial Planning and Analysis, will assume the role of Interim CFO, also effective December 1, 2024. The company plans to initiate a search for a permanent Chief Financial Officer without a definitive timeline for the appointment.
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