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State Fund picks vice president

Published 12:00 am PST Thursday, February 28, 2008
Story appeared in BUSINESS section, Page D3

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The State Compensation Insurance Fund on Wednesday promoted Thomas D. Clark of Elk Grove to vice president. He will oversee most of the field operations for Northern California.

Clark, who started as an auditor at the San Francisco-based carrier in 1980, also will become a member of the executive committee. He will oversee most field operations for Northern California.

During his career, Clark has held a variety of sales, claims and marketing positions at the quasi-public carrier, which is the state's largest workers' compensation insurer with about $3.5 billion in annual premiums. His most recent post was Sacramento district manager.

"Tom's extensive experience in marketing as well as claims will be invaluable as State Fund re-aligns our operations," State Fund President Janet Frank said in a statement.

Clark has a master's degree in public administration from San Diego State University and a bachelor's in business and behavioral science from Westminster College in Salt Lake City.

The promotion is part of the ongoing overhaul of the troubled carrier, which is under criminal investigation into possible financial mismanagement by previous officials.

– Gilbert Chan

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