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Michael Van Gilder Steps Down as Chief Executive Officer of Van Gilder Insurance Corp.; Donald Woods, President, Assumes Van Gilder's Management Responsibilities

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DENVER--(BUSINESS WIRE)--

Van Gilder Insurance Corporation, a privately held insurance brokerage firm serving clients for more than 100 years, today announced that Michael Van Gilder has stepped down as chief executive officer of the company for personal reasons.

Donald Woods, who joined Van Gilder as president in August 2012, will assume Mr. Van Gilder's management responsibilities.

“We feel fortunate to have a trusted executive like Don Woods in the top leadership role at Van Gilder,” said Dell Van Gilder Jr., chairman of the company's board of directors. “Don's many years of management experience in the banking industry during a period of challenge and change will continue to serve our customers, our company and our employees well. We're moving forward with the leadership transition we began to put in place at the time he joined us earlier this year.”

No impact on the company's strategic direction or on its ability to serve customers is expected as a result of the transition, Dell Van Gilder Jr. added.

Edward M. Harrington Jr., who joined Van Gilder in 2001 with more than 25 years of executive, financial and operations experience, will continue as chief operating officer and chief financial officer of the company, reporting to Mr. Woods.

About Van Gilder Insurance Corp.

Founded in 1905, Van Gilder Insurance Corp. is a privately held insurance brokerage firm serving clients in the Rocky Mountain region and across the U.S. for more than 100 years. The company offers business insurance, employee benefits programs, risk management services and personal insurance products for individuals. Van Gilder has more than 130 employees and is headquartered in Lower Downtown Denver. For more information on the company, visit www.vgic.com.

Linhart PR, for Van Gilder Insurance Corp.
Amanda Kiely, 303-951-2564
akiely@linhartpr.com

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