The insurer said President and CEO John C. Roche will retire on Dec. 31, 2026, with Chief Operating Officer and Hanover Agency Markets President Richard W. Lavey set to succeed him.
The Hanover Insurance Group said President and Chief Executive Officer John "Jack" C. Roche plans to retire on Dec. 31, 2026, and that the board has appointed Richard "Dick" W. Lavey as CEO-elect to oversee a planned transition. Roche, 62, joined the insurer in 2006 and became president and chief executive officer in 2017, a period during which the company said it delivered record operating earnings, strong stock price gains and reinforced its position in the independent agency channel. Lavey, 59, joined The Hanover in 2004 and currently serves as chief operating officer and president of Hanover Agency Markets, where he oversees core commercial and personal lines that together account for 75% of the company’s $7 billion in consolidated gross premiums written. The company said it will address questions on its July 29, 2026 earnings call and provide a strategy and outlook update at an investor day on Sept. 17, 2026.