David O’Malley Set to Become Penn Mutual CEO
October 13, 2021 by Allison Bell
The board of The Penn Mutual Life Insurance Company has named a longtime company veteran to succeed Eileen McDonnell as the company’s CEO.
Chief Operating Officer David O’Malley will succeed McDonnell as CEO Jan. 1, 2022, Penn Mutual says. McDonnnell, who has been the Horsham, Pennsylvania-based company’s chairman as well as its CEO, will continue to be the chairman.