Cincinnati Financial Corporation Appoints 12th Independent Director, Names 2020 Director Nominees

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[{"type":"text","content":"CINCINNATI, Nov. 15, 2019 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that the board of director's at today's regular meeting added a 16th seat, appointing Thomas J. Aaron, CPA, to the board as an independent director and as a member of its audit committee, effective immediately.\nAaron, age 57, is executive vice president and chief financial officer of Community Health Systems Inc., one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country. Prior to joining Community Health Systems in 2016, Aaron worked at Deloitte, providing consulting services in auditing and merger and acquisition strategy. \nAaron began his 32-year career with Deloitte serving clients in the property casualty insurance and reinsurance industry. He later transitioned his audit focus to large, national healthcare organizations and became Deloitte's Tennessee managing partner. Aaron earned a Bachelor of Science degree in accounting from the University of Kentucky.\nAn engaged and participative board member, Aaron has learned the attributes of highly effective boards. He's applied these best practices during his time as co-chair of Deloitte's nominating committee and on nonprofit boards such as the Nashville Area Chamber of Commerce and the University of Kentucky's Masters of Accounting Advisory Board.\n\"Tom brings to our board his substantial financial expertise and knowledge of the investment analyst community,\" commented Kenneth W. Stecher, chairman of the board. \"This addition complements the many strengths of the 15 directors who continue on our board at this time.\" \nSteven J. Johnston, president and chief executive officer, continued: \"Just as important, adding Tom at this time helps keep us in good shape to continue serving shareholders when two current directors do not stand for reelection next May, according to our corporate governance guideline on director age.\"\nJohnston noted that Chairman Kenneth W. Stecher and director Gregory T. Bier will not stand for reelection at the May 2020 annual meeting of shareholders in addition to the previously announced director, W. Rodney McMullen. \"Our board and shareholders have benefited for far longer than the 11 years Ken has served as a director from his superb business...

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