NAIC Names New CFO

WASHINGTON, Nov. 8 — The National Association of Insurance Commissioners issued the following news release:

The National Association of Insurance Commissioners (NAIC) named Jim Woody as Chief Financial Officer (CFO).

“I am pleased to announce Jim’s appointment as CFO,” said NAIC Chief Executive Officer Dr. Therese M. (Terri) Vaughan. “Jim brings diverse experience in business development and operational functions. His financial expertise and insight will be a great asset to our leadership team.”

As CFO, Woody will oversee the NAIC’s accounting and purchasing departments, which include the Association’s budgeting process and financial management. Woody has been with the NAIC since 2008 and previously served as Senior Manager of Business and Corporate Development, where he oversaw purchasing functions and managed the vendor selection process for the Association. In addition, Woody provided financial oversight for several projects within the NAIC.

Prior to joining the NAIC, Woody spent more than a decade at Sprint-Nextel in various financial planning and analysis roles, as well operational roles supporting Sales & Marketing and Customer Experience. He received a Bachelor of Science in accounting and economics and an MBA in financial management from the University of North Carolina at Greensboro. He is also a Certified Public Accountant and Certified Management Accountant.

TNS mv45 111109-3669782