Thomas E. Beach, Long-term Board Member of Pennsylvania Lumbermens Mutual Insurance Company Retires
In April of 2020, PLM’s longest serving Board Member, Thomas E. Beach of Beach Investment Counsel, Inc., retired from PLM’s Board of Directors after serving faithfully for more than 40 years.
Mr. Beach has served on several PLM Board Committees, including as chairman of PLM’s Investment Committee. During his tenure, the experience and insight he shared to guide the Investment Committee assisted PLM in realizing a number of unique market opportunities, which led PLM’s investment portfolio to outpace the Property & Casualty insurance industry’s investment marketplace.
Born in Kalamazoo, Mich., Mr. Beach graduated from the University of Michigan in 1962 with a Bachelor of Arts degree, and received his Master of Business Administration degree from Harvard University in 1964. He also holds the designation of Certified Financial Analyst.
He will continue his relationship with Pennsylvania Lumbermens as a consultant to the Investment Committee. We wish him and his lovely wife, Suzy, all the best for the future.