Nationwide hires new treasurer

David LaPaul brings 20 years of experience to the company

 

FOR IMMEDIATE RELEASE
June 28, 2010

Contact:
Gayle Saunders (614) 249-3687
saundee4@nationwide.com

Columbus, Ohio — Nationwide recently hired David LaPaul as its senior vice president and treasurer, filling a key executive leadership position within the company.

LaPaul is responsible for Nationwide’s cash and liquidity management; acquisitions and divestitures; capital markets transactions; and rating agency management. He has more than 20 years of diverse experience working in public accounting and finance organizations of publicly held corporations.

“David's broad finance-oriented background and experience in accounting and treasury, and the relationships he has in the industry will serve us well,” says Mark Thresher, executive vice president and chief financial officer at Nationwide. “We are pleased to have him join our executive team and I look forward to his contributions in this role.”

Prior to joining Nationwide, LaPaul served as assistant treasurer for Waste Management, Inc. in Houston, Texas. In that capacity, he was responsible for analyzing the company’s capital structure, cash management, forecasting, and implementing financial controls. In addition, he managed relationships with rating agencies and more than 20 banks associated with the company’s $2.4 billion revolving credit facility syndicate. LaPaul also previously held senior positions with Lyondell Chemical Company and KPMG Peat Marwick LLP.

LaPaul, a native of Houston Texas, earned a bachelor’s degree in accounting from the University of Texas at Austin and a master’s degree in business administration from Rice University Graduate School of Management. He is a CPA (Texas) and chartered financial analyst.

About Nationwide
Nationwide Mutual Insurance Company, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poors. The company provides customers a full range of insurance and financial services, including auto insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions, long-term savings plans and health and productivity services. For more information, visit www.nationwide.com

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