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State Compensation Insurance Fund last week named Tom D. Clark as its Chief Operating Officer. Clark, who assumes his new role on December 1, will replace Harrison D. Jerome who retires at the end of the year.
Clark, a 30-year veteran of the workers’ compensation insurance carrier, will oversee marketing, safety, and field operations as well as purchasing in his new role. He has extensive experience in claims, all aspects of customer service, regional management in Stockton and Sacramento, and marketing. He most recently served as State Fund’s president of field operations and has helped solidify business relations with insurance brokers throughout the state.
“State Fund is focusing on adequate pricing, operating efficiently, and delivering outstanding service to injured workers and their employers,” said Tom Rowe, State Fund’s President and CEO. “As Chief Operating Officer, Tom Clark will play a primary role in leading the organization forward. “
Clark’s compensation package includes an annual salary of $156,000, annual bonus eligibility equivalent to 15 percent of salary, annual recruitment and retention differential of $40,000, and California state civil service benefits.