Nationwide president Carter to retire at the end of 2025
By Isha Marathe
Jan 28 - (The Insurer) - Nationwide Financial president and chief operations officer John Carter is set to retire at the end of 2025 after 20 years at the company.
Carter, who is based in Columbus, Ohio, joined Nationwide in 2005 as president for NFS distributions and held other leadership roles until he became president and COO in 2019. He has over 40 years of experience in the industry, serving at Prudential Financial, UBS and Kidder Peabody before Nationwide. Under Carter’s leadership, Nationwide recorded four consecutive years of record-breaking sales, growing 62 percent since 2019, the company said.
At the company, Carter served as co-executive sponsor of the Nationwide Latino Alliance for four years and is the co-executive sponsor of the Nationwide Cares campaign supporting employee volunteerism and giving. For the past five years, he has served as chair of the Champions of the Community board for the Nationwide Children’s Hospital Championship.
“[Carter's] leadership throughout his 20 years at Nationwide has played a significant and lasting role in the company’s success,” said Kirt Walker, CEO of Nationwide.
“Through [Carter's] vision and leadership, Nationwide Financial has grown into one of America’s leading financial services firms.”
Carter's announcement comes after The Insurer revealed on 10 January that Glen Curley, Nationwide's head of retail excess casualty underwriting and production, was set to retire after six years in the role.
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