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05 March
2010 Erie Indemnity
Announces Nominees For Board Of
Directors Erie Indemnity
Company have announced that its Board of Directors
has accepted the slate of nominees recommended by
the Board's Nominating and Governance Committee for
election by voting Shareholders to the Company's
Board of Directors. The Board also
increased the size of the Board from the current 11
positions to 13. The slate of nominees includes all
current directors and two new
candidates. The two new
candidates are Martin P. Sheffield, CPCU, owner of
Sheffield Consulting, LLC, Insurance
Consultants
since 2003, and Richard L. Stover, Managing
Principal, Birchmere Capital, L.P., private equity
fund, since 2000. Mr. Sheffield has
extensive insurance industry, business and
executive management experience, including having
served as CEO of Co-Operative Insurance Company of
Western New York, which ultimately became part of
the Erie Insurance Group, and as vice president of
the Property-Casualty Rating Division of A.M. Best.
From 2000 to 2003 he served as the Executive
Director of Strategic Consulting with Ward Group, a
management consulting group specializing in the
insurance industry. Mr. Sheffield, who resides in
Bath, PA, also served as a Director of
Penn-American Group, Inc., from 2002 through
2005. Mr. Stover's
career has been concentrated in banking and
finance. In addition to prior executive experience
with financial institutions, including Mellon Bank,
Bank of New England and GE Capital, he has
extensive knowledge of investments, credit and
corporate finance. Mr. Stover resides in Gibsonia,
PA and currently serves as a director of Bliley
Technologies, Safas Corporation and DMI
Industries. Members of the
Board of Directors will be elected at the Company's
85th Annual Meeting of Shareholders scheduled for
April 20, 2010, at the Company's headquarters in
Erie, PA. Information on each of the nominees will
be included in the Company's Information Statement
to be mailed to Shareholders prior to the Annual
Meeting. Insurance
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