NI Holdings, Inc., headquartered in Fargo, North Dakota, named Cindy L. Launer as interim CEO. Michael J. Alexander has stepped down from his role as president and CEO and as a board member of the company.
Launer has served as an independent non-executive director on NI Holdings’ board since November 2019 and brings 18 years of experience in the insurance industry. Most recently, Launer served as chief operating officer of AIG’s commercial insurance business before retiring in 2018. She will remain on the board of directors while serving as the interim chief executive officer.