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Maren Kench and Armando Valdes elected assistant controllers at GEICO

December 17, 2016

WASHINGTON--(BUSINESS WIRE)--Dec 17, 2016--GEICO’s Board of Directors announced the appointment of Maren Kench and Armando Valdes as assistant controllers of the GEICO companies. Kench will be responsible for statutory accounting; Valdes will oversee GAAP and investment accounting.

Kench began her career with GEICO in 2004 as a telephone claims representative at the Fredericksburg regional office. Eighteen months later, she took on a new role as an analyst for the Internet business unit before deciding to join the company’s controllers management program (CAMP). Upon completing the CAMP program, Kench became lead accountant for financial reporting. Soon thereafter she was promoted to manager of planning and control in staff counsel, and later served as manager of statutory accounting.

Kench holds a bachelor’s degree in history from the University of Virginia and an accounting degree from Strayer University. She is a Certified Public Accountant and a Chartered Property Casualty Underwriter.

Valdes joined GEICO in 2006 as a CAMP participant. After completing the program in 2011, he accepted a role as assistant manager of treasury operations. He was then promoted to manager of financial reporting in 2013, and to director of that operation in 2015.

Valdes graduated from Florida International University with a bachelor’s degree in business administration and received an MBA from University of Miami. He is a Certified Public Accountant, a Chartered Property Casualty Underwriter and a Certified Management Accountant.

“GEICO is fortunate to have capable associates like Maren and Armando who are ready, willing and able to take on these new responsibilities,” said Steve Parsons, vice president of corporate financial reporting. “It’s exciting to see how the CAMP experience helped to prepare them for these roles. I know these critical accounting functions will be in excellent hands.”

Using GEICO’s online service center, policyholders can purchase policies, make policy changes, report claims and print insurance ID cards. Policyholders can also connect to GEICO through the GEICO App, reach a representative over the phone or visit a GEICO local agent.

For more information, go to www.geico.com.

View source version on businesswire.com:http://www.businesswire.com/news/home/20161217005003/en/

CONTACT: GEICO Communications

gcorpcomm@geico.com

To view GEICO’s Blog:https://www.geico.com/more/

KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA

INDUSTRY KEYWORD: AUTOMOTIVE PROFESSIONAL SERVICES INSURANCE GENERAL AUTOMOTIVE

SOURCE: GEICO

Copyright Business Wire 2016.

PUB: 12/17/2016 08:00 AM/DISC: 12/17/2016 07:59 AM

http://www.businesswire.com/news/home/20161217005003/en

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