Calif. State Fund Names Clark Chief Operating Officer

California’s State Compensation Insurance Fund has named Tom D. Clark as its chief operating officer. Clark, who assumes his new role on December 1, will replace Harrison D. Jerome, who retires at the end of the year.

Clark, a 30-year veteran of the workers’ compensation insurance carrier, will oversee marketing, safety, and field operations, as well as purchasing inhis new role. He has extensive experience in claims, all aspects of customer service, regional management in Stockton and Sacramento, and marketing. He most recently served as State Fund’s president of field operations and has helped solidify business relations with insurance brokers throughout the state.

Clark’s compensation package includes an annual salary of $156,000, annual bonus eligibility equivalent to 15 percent of salary, annual recruitment and retention differential of $40,000, and California state civil service benefits.