COLUMBUS, Ohio – April 2, 2007 – State Auto Financial Corporation (NASDAQ:STFC) today announced the appointment of James A. (Jay) Yano of Columbus as vice president, secretary and general counsel.
Yano replaces John R. Lowther, who announced his retirement in November 2006. Lowther remains with State Auto as a senior advisor after serving as acting general counsel during the search for his successor.
Before serving the past two years as senior vice president, secretary and general counsel of Abercrombie & Fitch Co., Yano spent 28 years with the Vorys, Sater, Seymour and Pease law firm of Columbus. He led their insurance, corporate and regulatory practice, including work in mergers and acquisitions, state department of insurance regulation, and the formation and liquidation of insurance companies and agencies.
“Finding a worthy successor to John Lowther was not easy,” said State Auto
Chairman, President and CEO Bob Restrepo. “I’m confident, though, that in Jay Yano we’ve found an individual who will uphold John’s – and State Auto’s – commitment to the highest professional and ethical standards. For much of the past 30 years, Jay’s work in the legal field has focused on the insurance industry. He is perfectly suited for this role, and perfectly suited for State Auto.”
After earning an undergraduate degree from The Pennsylvania State Univerity, Yano received hisjuris doctorfrom the University of Virginia. He has served on the boards of Columbus School for Girls, The Griffith Foundation for Insurance Education, Athletic Club of Columbus, Columbus Country Club, Columbus Bar Association Insurance Agency, and Broad Street Presbyterian Church.
State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. The company markets its personal and business insurance products exclusively through independent insurance agencies in 28 states, and is proud to be a Trusted Choice® company partner. The company is one of just 3% of publicly listed companies to earn the Mergent Dividend Achiever Award for having increased its dividends for ten or more years in succession. STFC stock is traded on the NASDAQ Global Select Market, which represents the top third of all NASDAQ listed companies.