Columbian Financial Group is pleased to announce that Michael Fosbury has become the Chief Executive Officer effective January 1, 2017, following the retirement of Thomas E. Rattmann. Mr. Rattmann announced his retirement plans in early 2016, at which time the board elected Mr. Fosbury to be his successor.
Mr. Fosbury joined Columbian in 2003 as Vice President, Investments and Chief Investment Officer. After his arrival, he became involved in other parts of the company’s operations, including Administration, Human Resources, Marketing, and Information Technology. He was promoted to Senior Vice President, Investments in 2009; to Executive Vice President in 2013; to Executive Vice President, Chief Investment Officer & Chief Operating Officer in 2014; to the position of President and elected to Columbian’s Board of Directors in 2016.
Michael received his BBA from the University of Tennessee in 1980 and his MBA from the University of Louisville in 1998. He is also a director on the board of the Greater Binghamton Chamber of Commerce.
Columbian Mutual Life Insurance Company is domiciled in New York, headquartered in Binghamton, and licensed in all 50 States, the District of Columbia, U.S. Virgin Islands and American Samoa.