American Financial Group Elects New Board Members
American Financial Group, Inc. (AFG) has made significant strides in its governance by announcing the election of Craig Lindner Jr. and David Thompson to its esteemed Board of Directors. This strategic move is aimed at enhancing the board’s expertise and oversight capabilities.
As part of this transition, James Evans has decided not to stand for reelection at the upcoming 2025 Annual Meeting of Shareholders. However, he will continue to play a vital role within the company as an Executive Consultant, a position he has held since 2014.
Craig Lindner brings an impressive 20 years of experience in the realms of real estate investing and insurance. He has been instrumental in overseeing AFG’s substantial investments in both real estate equity and debt. Since joining AFG in 2002, he has excelled as the Divisional President of AFG Real Estate Investments since 2017, where he is responsible for managing the company’s diverse portfolio, which includes apartments, resort and marina properties, various commercial real estate ventures, and a large array of commercial mortgages.
On the other hand, David Thompson has been with AFG since 2006 and has held numerous senior management roles throughout his tenure. He currently holds the position of Chairman of the Board, as well as President and Chief Operating Officer of Great American Insurance Company, which is AFG’s flagship property and casualty insurer.
In a joint statement, Carl H. Lindner III and S. Craig Lindner, AFG’s Co-CEOs, expressed their enthusiasm about the new appointments: “We are delighted to welcome Craig and David to our Board of Directors. Their extensive operational experience in their respective domains within our property and casualty and investment operations makes them invaluable assets to our Board. Importantly, their inclusion signifies our family’s ongoing commitment and active involvement as significant shareholders of AFG. Their deep understanding of our business, culture, values, and their passion for our mission will be instrumental as we navigate various opportunities in the future.”
The Lindner brothers further expressed their gratitude towards Jim Evans, stating, “We are sincerely thankful for Jim’s many years of dedicated service to AFG’s Board of Directors, first as a trusted advisor to our father and subsequently as our trusted advisor. Jim has been a cornerstone of our Company, providing invaluable guidance and counsel to our leadership team and the Board. We are pleased that we will continue to benefit from his wisdom and insights in his continued role as Executive Consultant.”
