Academy Announces Officers and Regular Directors Begin Terms

November 14, 2017
WASHINGTON—The American Academy of Actuaries is pleased to announce the start of the terms of five officers and four regular directors serving on its Board of Directors. Their terms began at the close of the Annual Meeting of the members of the Academy today.

Shawna Ackerman, an actuary specializing in casualty issues who has been an Academy volunteer since 2000 and was vice president of the Academy’s Casualty Practice Council (CPC) from 2014 to 2016, began her term as the Academy’s president-elect. “I look forward to working with Academy volunteers across all practice areas to maintain and enhance the public’s trust in our profession,” Ackerman said. Ackerman will become president on Nov. 1, 2018.

Tom Campbell, a member of the Committee on Qualifications and a former vice president, life, began a second one-year term as secretary-treasurer. “I look forward to continuing to work with the Board, the Executive Committee, and Academy staff on issues of importance to the actuarial profession,” Campbell said.

Three vice presidents began two-year terms. Laurel Kastrup, who served as a regular director on the Academy’s Board of Directors and chairperson of the Health Risk Management and Financial Reporting Committee, is the new vice president, risk management and financial reporting. Josh Shapiro, chairperson of the Multiemployer Plans Subcommittee, is the new vice president, pension. And Dave Neve, former Board member and former vice chairperson of the Life Practice Council, is the new vice president, life.

Election of these officers occurred at the annual meeting of the Academy Board of Directors on Oct. 19, 2017.

The regular directors who started terms today are Bruce Cadenhead, Tim Geddes, Stuart Mathewson, and Tricia Matson. Cadenhead, Mathewson, and Matson are serving three-year terms as regular directors expiring in 2020. Geddes is serving the remaining year of a three-year term that will expire in 2018.

Cadenhead, a member of the Pension Practice Council since 2013, has served as the council’s vice chairperson and is currently vice chairperson of the Pension Committee.

Mathewson is a member of the Flood Insurance Work Group and Natural Catastrophe Subcommittee, and previously served as chairperson of the Flood Insurance Subcommittee and co-chairperson of the P/C Extreme Events Committee.

Matson, a past chairperson of the Actuarial Standards Board, also serves as chairperson of the Longevity Risk Task Force and is on several Academy committees related to financial reporting, risk-based capital, and risk management.

Geddes’ volunteer service to the Academy includes having served on the Pension Committee. He is currently vice chairperson of the Pension Practice Council.

The Academy’s Nominating Committee presented the slate of four candidates for open regular director positions, and Academy members elected them over the summer.  

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The American Academy of Actuaries is a 19,000-member professional association whose mission is to serve the public and the U.S. actuarial profession. For more than 50 years, the Academy has assisted public policymakers on all levels by providing leadership, objective expertise, and actuarial advice on risk and financial security issues. The Academy also sets qualification, practice, and professionalism standards for actuaries in the United States.