After a remarkable 21-year career at Nationwide, Mike Mahaffey, Executive Vice President and Chief Customer, Strategy and Innovation Officer, announced he will retire later this year.  

“Mike has been integral in keeping us focused on what matters most—our customers—while shaping the strategies that move our businesses forward,” said Nationwide CEO Kirt Walker. “Thanks to his vision and leadership, Nationwide is well positioned to grow and succeed as we head into our next century.” 

Mahaffey began his Nationwide career in 2005. Through the years, he took on a series of increasingly broad leadership roles across risk, strategy, growth, innovation and customer with a common focus on building a stronger Nationwide for the future. 

Throughout his career, Mike brought that same spirit of service to the broader industry and community. He serves as a trustee and past chair of the Center of Science and Industry (COSI) in Columbus, Ohio, and serves on the OhioHealth Board of Directors. He has helped lead the North American Chief Risk Officer Council and The Ohio State University’s Risk Institute, and he previously served as vice chair of the Columbus Symphony Orchestra. He has also shared his expertise as an adjunct professor at The Ohio State University and as a guest lecturer at Harvard Business School. 

“Mike’s ability to connect the big picture to the work in front of us has made a lasting difference—for our customers, our associates and our company,” said Walker. “It’s a legacy that will continue to be felt throughout the enterprise.” 

At Nationwide’s annual company-wide meeting, employees gathered in-person and virtually to celebrate the 2026 CEO Award winners whose contributions reflect the company’s mission of protecting people, businesses and futures with extraordinary care. In the company’s centennial year, their stories are a reminder that caring for others has been at the heart of Nationwide throughout its history.

A Nationwide CEO Award is considered one of the company’s highest honors, recognizing employees who go above and beyond. Nearly 100 employees were nominated.

“Each year, these awards give us the opportunity to recognize people who represent the very best of our company, those who lead by example and help make Nationwide a stronger community partner,” said Nationwide CEO Kirt Walker. “Their commitment to customers, the community, each other and moving our business forward is nothing short of inspiring. Their work reflects our mission in action and demonstrates how powerful it is when talent, compassion and purpose come together.”

Visit the Nationwide careers page to learn more about open positions. 

The investment marks another milestone in Nationwide’s centennial year and reflects the company’s continued belief in the future of Columbus and one of its most iconic franchises.

“As we celebrate Nationwide’s 100th anniversary, we are focused not only on where we’ve been, but where we’re going,” said Nationwide CEO Kirt Walker. “The Crew and its fans represent the passion and strong connection to the Central Ohio community that Nationwide has enjoyed for more than a century. Now is the right time for us to deepen our investment in the team and the city’s future.”

The announcement comes nearly two months after the Haslam Sports Group, the Edwards family and Nationwide helped bring the 18th National Women’s Soccer League franchise to Columbus.

“Nationwide is a cornerstone institution that’s consistently shown an exceptional commitment to Columbus. Kirt Walker and Nationwide leadership share our vision for the Crew and Columbus NWSL 2028 of consistently competing on the pitch, creating incredible fan experiences and serving as leaders in our local community,” said Haslam Sports Group CEO and Chairman, Managing Partners Dee and Jimmy Haslam. “We’re proud to strengthen our long-term partnership and collective dedication to advancing soccer in Central Ohio for both our men’s and women’s clubs.”

Nationwide will partner with Haslam Sports Group and the Edwards family to support the continued success and long-term growth of the franchise. No other details of the deal will be released.

Visit Nationwide.com for more information about the company and ColumbusCrew.com for the latest on club news.

“This agreement represents a tremendous opportunity to put our strong capital position to work and grow our life insurance business, which was designated the third largest writer of life insurance in 2025,” said Kirt Walker, CEO of Nationwide. "Bringing together two strong brands allows us to protect more Americans with life insurance.”

MassMutual will continue to administer these policies and remain the point of contact for policyowners.

“This deal marks a continued step forward for our life insurance business, which has established itself as a strong and stable industry leader with a deep portfolio of protection solutions,” said Craig Hawley, president of Nationwide Financial. 

Sidley Austin LLP served as Nationwide's legal counsel on the transaction.

“An advantage of our modern mutual structure is being able to plan long-term, and our progressive rise up the Fortune 500 reflects an intentional, aggressive plan to grow our businesses,” said Nationwide CEO Kirt Walker. “Our diverse portfolio, strong capital position and iconic brand allow us to grow with intention, navigate volatility and remain strong and stable for those who rely on us.”

In the last four years, the insurance and financial services giant has moved up 14 places on the list.

Nationwide is the:

• Largest private company headquartered in Ohio
• Third largest mutual insurer in the U.S.
• Sixth largest insurer overall
• Sixth largest company in Ohio
• Second largest Central Ohio-based company

The recognition points to the breadth of Nationwide’s insurance and financial services businesses and its place among the nation’s largest corporations.

Fortune ranks U.S.-based companies on their annual revenues for their respective fiscal years. Revenues for insurance companies include premium and annuity income, investment income and capital gains or losses.

View the 2026 Fortune 500 list.

Dan Schurr was elected to fill the vacancy created by Zellers’ retirement.  Schurr previously served as the board chair of CHS, Inc., the largest cooperative business in the United States. 

Zellers was elected to the Nationwide board in 2007 and has served as board chair since 2020. During his tenure, he provided steady, mission-driven leadership focused on Nationwide’s long-term strength, its mutual heritage and its commitment to its members. He helped guide the company and the board through a period of record growth, capital fortification and strategic evolution, ensuring Nationwide remained financially strong and well-positioned to serve its customers and communities.  

“Jeff has been an exceptional leader and steward of Nationwide,” said Nationwide Chief Executive Officer Kirt Walker. “He brought a thoughtful, principled approach to the role of board chair, modernized our governance practices and consistently challenged us to lean into new opportunities as a modern mutual. Jeff’s guidance and collaborative leadership have had a lasting impact on our organization, and I am grateful for his service and partnership.” 

Toelle is owner of T & T Farms, a diversified farming company based in Browns Valley, Minn. He has served on the Nationwide board since 2013 and brings deep experience in finance, governance and business planning – qualities that will advance Nationwide’s mission to protect people, businesses and futures with extraordinary care. 

“We congratulate Michael on his election as board chair,” said Walker. “He understands what it means to serve members for the long term, and his board expertise, industry perspective and dedicated leadership will be invaluable as Nationwide continues to evolve.” 

Later this year, Toelle will be one of five 2026 inductees into the Cooperative Hall of Fame. Established in 1974 by the National Cooperative Business Association and administered by the Cooperative Development Foundation, the Cooperative Hall of Fame is the highest honor that the U.S. cooperative community bestows on extraordinary individuals who have made “genuinely heroic contributions” in support of cooperatives. 

In addition to his service on the Nationwide board, Toelle is a board member of CF Industries Holdings, Inc., Grey Eagle Pork and CIBO, and a member of the National Association of Corporate Directors and World 50.  

He is a former board chair and long-time board member of CHS, Inc., and past chair of the CHS Foundation. He was a board member of Cenex, Inc., prior to its merger with Harvest States Cooperatives to form CHS in 1998, and he served as chair of the governance unification committee during the merger. He also served as governance committee chair, corporate responsibility committee chair, and as a member of the audit and capital committees.  

Toelle has also served as a director of the Agricultural Council of America and Country Partners Cooperative. 

Toelle earned his bachelor’s degree in administration and industrial technology at Minnesota State Moorhead. 

This year’s event was hosted at six Nationwide locations and virtually, supported by more than 250 employee volunteers and featured a schedule with over 160 curated sessions. A new remote option extended the day to employees and their children who don’t live near a campus, ensuring more families could be part of the experience no matter where they live.

“Through Bring A Child to Work Day, our employees’ children can experience Nationwide’s caring culture and see how the adults in their life work to make a difference every day,” said Vinita Clements, Nationwide’s Chief Human Resources Officer. “By pairing age-appropriate learning with real workplace experiences, we hope to inspire new possibilities, spark curiosity and show the many ways a future at Nationwide can take shape.”

From hands-on simulations that brought Nationwide’s insurance, financial services and technology expertise to life, to interactive learning with community partners, each session was intentionally tied to Nationwide’s mission of protecting people, businesses and futures with extraordinary care. The programming was designed for children grades 1–12, and sessions were developed by age and interest, helping families build a day that felt right for each child.

“Each year, Bring a Child to Work Day reminds us that our work starts at home and in our communities,” said Kirt Walker, Nationwide’s Chief Executive Officer. “When children see the adults in their lives living our values, helping others and giving back, they start to imagine what’s possible for themselves – and we’re proud to invest in the people and families who make Nationwide special.”

Last year’s event drew more than 1,400 children to four Nationwide locations, and the continued growth of the program reflects how meaningful the tradition has become for employees and their families. With expanded locations, a unique virtual option and personalized experience to keep the day running smoothly, Nationwide remains committed to investing in the next generation and celebrating the families who are at the heart of its culture.

To learn more about roles at Nationwide, visit the careers page.

“Nationwide was born in Columbus, and we’ve grown up together over the last 100 years,” said Kirt Walker, Nationwide chief executive officer. “As we prepared to celebrate our centennial, we knew we wanted to do something big to give back to the city that has given us so much. Supporting a new professional women’s sports franchise in Central Ohio was a unique opportunity we just had to embrace.”

The new club is expected to begin play in the 2028 NWSL season at ScottsMiracle-Gro Field in Columbus’ Arena District, sharing a world-class, soccer-specific stadium and fan experience with the Columbus Crew. The project includes a new, women-specific training facility and stadium enhancements including new locker rooms designed for and used by NWSL teams.

“When young athletes in Central Ohio can see women competing at the highest level in their own backyard and see the investment, facilities and visibility match what they see in the men’s game, it sends a powerful message about what’s possible. We’re proud to stand alongside Haslam Sports Group and the Edwards family to help make that a reality in Columbus,” Walker added.

Nationwide has been the exclusive insurance partner of the NWSL since 2021. Through the league partnership, Nationwide and the NWSL have:

• Established the Lauren Holiday Impact Award in 2024, recognizing the active NWSL player who exemplifies exceptional service, leadership and character in their community.
• Created Experience Nationwide, a paid, immersive and hands-on learning program that provides NWSL players with professional development and business experience to help prepare for careers beyond the pitch.
• Expanded local club relationships so that Nationwide now partners with most NWSL teams, deepening ties in local communities and with fans across the country.

Columbus has emerged as a national hub for women’s sports, hosting marquee events and driving significant sports-related economic activity for the region. The addition of an NWSL club will build on that momentum, generating new economic activity and providing another pathway for girls and young women inspired by the global growth of soccer.

“This club is also a celebration of the Columbus Way – public and private partners, businesses and civic leaders and passionate fans all coming together to do something big for our community,” Walker said. “We are grateful to the leaders across the city, county and region whose support helped make this possible. Together, we’re not just adding another team, we’re strengthening the foundation for economic growth and opportunity in Central Ohio.”

Nationwide’s mutual structure allows the company to take a long-term view and invest beyond its core businesses, especially in the communities it calls home. The new club is expected to bring more visitors downtown, support local businesses, create opportunities for neighbors and associates, and help keep the Arena District vibrant year-round. It represents another way Nationwide delivers value for its members while continuing to serve as a long-term community builder in Columbus.

The new NWSL club adds to a broader portfolio of sports relationships for Nationwide that includes sponsorships in the NFL, NWSL, MLS, PGA TOUR and NHL. 

Nationwide, one of the largest and most diversified insurance and financial services companies in the United States, turned 100 this week.  

April 14, 2026, marks the centennial of the day it sold its first policy thanks to farmers across Ohio who pooled their money to create a $10,000 capital fund and establish the Farm Bureau Mutual Automobile Insurance Company, now Nationwide. 

 “Less than one-half of 1% of companies reach this milestone,” said Nationwide CEO Kirt Walker. “We’re grateful to have earned the trust of our partners, members and the community and take seriously our role in helping people protect what matters most.” 

Nationwide formed to provide Ohio farmers with an option to secure reliable, lower-cost auto insurance designed specifically to meet their needs. In 1926, most Ohio farmers lived far from busy cities and had fewer accidents. Since then, Nationwide has grown to become the largest private company in Columbus and the one of the largest Fortune 500 companies in Ohio. 

In recognition of Nationwide’s centennial, Ohio Gov. Mike DeWine and Lt. Gov. Jim Tressel, Columbus Mayor Andrew Ginther and Columbus City Council each issued proclamations honoring Nationwide’s history and impact to the city and state.  

• Proclamation from Ohio Gov. Mike DeWine and Lt. Gov. Jim Tressel
• Proclamations from Mayor Andrew Ginther and Columbus City Council 

“It is an incredible honor to be recognized for this milestone in our hometown and our home state,” Walker said. “Our roots in Columbus and Ohio are foundational to the modern mutual company we’ve grown into over the last 100 years, and both will have outsized impact on how Nationwide develops over the next 100 years.” 

Nationwide’s 2025 financial performance strengthened the enterprise’s position as a modern mutual built for long-term stability, disciplined growth and customer value, driven by robust performances from both its financial services and property & casualty businesses. At the same time, as one of the nation’s largest, most diversified insurance and financial services companies, Nationwide paid more than $20.2 billion in claims and benefits to its members.

“Years like 2025 demonstrate the power of our modern mutual approach, which takes a long‑term view while staying relentlessly focused on delivering for customers today and into the future,” said Kirt Walker, Nationwide Chief Executive Officer. “Our diverse portfolio, strong capital position and iconic brand allow us to grow with intention, navigate volatility and remain strong and stable for those who rely on us.”

Strong Foundations for Future Growth

Nationwide recorded $73.2 billion in total sales and premiums for 2025, up 7% from 2024’s $68.5 billion sales record. Much of the growth reflects an extension of sales through institutional partners, along with an expansion of Nationwide’s portfolio through strategic transactions, said Nationwide Chief Financial Officer Tim Frommeyer. The company’s key measurement of profitability, net operating income, surpassed $4.29 billion, up from $3.13 billion in 2024. Total adjusted capital rose to its highest level ever, $32.8 billion, well above what’s required for a AAA-level rating, providing a strong foundation that will benefit customers well into the future.

“Our capital position reflects strong performance and disciplined use of capital across our business portfolio,” Frommeyer said. “All of our business lines delivered strong earnings, driving further diversification across our portfolio and fueling significant benefit to our capital position. Our performance rests on the foundation of Property & Casualty’s world-class underwriting capabilities, and the sophisticated risk management and consistent, disciplined performance of Nationwide Financial.”

Despite a year marked by severe wildfires and convective storms across the industry, Nationwide Property & Casualty delivered favorable underwriting results through disciplined execution. While financial markets experienced volatility early in the year, Nationwide Financial accelerated growth across its portfolio of businesses, notching its highest levels of sales and earnings. Nationwide Financial is a top 10 writer across its portfolio of income and protection solutions.

2025 Highlights

• Becoming a leader in employer stop loss insurance – Nationwide acquired Allstate Benefits’ group health business in July 2025, expanding its ability to offer self-funded and stop loss solutions to small and mid-sized employers. Stop loss insurance protects employers who self-fund their health insurance plans from excess losses.
• Protecting customers with “predict and prevent” solutions – In 2025, P&C elevated how its claims, actuarial, product and distribution teams work together so insights move quickly through the business, enabling more “predict and prevent” risk management, stronger underwriting discipline and proactive protection for members.
• Innovating products to meet evolving needs – Nationwide Financial expanded its suite of hybrid long-term care solutions with CareMatters^® Annuity, a customer-centric solution that combines guaranteed tax-deferred earnings with flexible long-term care benefits. The business also introduced RetireAssist^SM, a new retirement plan suite for the small market 401(k)/403(b) space.
• Bringing technology solutions to home and commercial members – Programs that detect and alert policyholders before small problems become major losses were expanded for home and commercial members, supporting Nationwide’s “predict and prevent” risk management strategy. Nationwide’s commercial and agribusiness units now provide solutions that include continuous motor vehicle record monitoring, equipment tracking and cyber safety tools, while technology like Ting electrical system monitoring and LeakBot water leak detectors are protecting Nationwide home policy members.
• Sharpening the customer experience – Reflecting Nationwide’s vision to be the most trusted, most caring and most customer focused protection company, Nationwide’s deep commitment to customer experience and relationships helped drive 2025 growth, improving customer satisfaction scores across the businesses and enabling 12 Nationwide Financial partners to each sell $1 billion or more in Nationwide Financial products.
• Investing in the future – Continuing its history as an industry innovator and leader, Nationwide announced a $1.5 billion technology investment through 2028, with $100 million annually dedicated to advancing AI. This commitment will enhance customer experiences, strengthen risk management and efficiency and support long-term, sustainable growth.
• Serving communities –
  • The Nationwide Foundation—the 501(c)(3) private foundation to which Nationwide is the primary donor—contributed more than $41 million to nonprofit organizations.
  • Nationwide Mutual company and employees donated an additional $13.7 million to nonprofit organizations.
  • Company employees logged nearly 73,000 hours of volunteer time across the country.

Nationwide’s next 100 years       

As Nationwide celebrates its 100^th anniversary in 2026, Walker emphasized that the decisions being made today are laying the groundwork for a protection company that will serve its members for another century.

“Our centennial marks more than a milestone, it’s a foundation for the next chapter of Nationwide’s growth,” Walker said. “Thanks to the dedication of our employees and partners, we are well positioned to protect people, businesses and futures with extraordinary care for generations to come.”

Walker noted that Nationwide employees are helping to celebrate its centennial in 2026 by giving 100,000 hours of volunteer service.

Additional information about Nationwide’s business results and community impact can be found in Nationwide’s 2025 Annual Report. 

"Nationwide’s strength and stability have always been at the core of who we are. This acquisition allows us to build on that foundation by enhancing our Surety and Fidelity offerings and delivering even more value to our agents and customers,” said Nationwide CEO Kirt Walker. “We’re excited to welcome the customers and employees of Main Street America into the Nationwide family and continue our shared commitment to service and reliability." 

The acquisition expands the company’s commitment to businesses and contractors who rely on a strong risk management partner to serve their customers. Nationwide’s financial strength and long-standing stability provide agents and policyholders with confidence in the company’s ability to deliver on its promises. And, the addition of Main Street America’s capabilities and employees enhances Nationwide’s Surety and Fidelity offerings, creating new opportunities for growth and innovation. 

"Main Street America has a strong reputation for partnering with agents to deliver pragmatic risk management solutions, which aligns with Nationwide’s approach,” said Candy Embray, MSA President. “Together, we are working to ensure a seamless transition for our valued agency partners.” 

Russ Johnston, President of Commercial Lines, Excess & Surplus, Specialty at Nationwide added, “Our surety business continues to be an area of strategic growth for us. Agents can expect the same level of service and stability they’ve come to trust, now backed by Nationwide’s scale, resources and financial strength. Together, we’re creating a stronger, more comprehensive offering for the marketplace."  

As privately held companies, Nationwide and MSA are not disclosing terms of the deal. 

To our Partners and our Community, 

In 2026, Nationwide is celebrating its centennial — our first 100 years in business. Less than one-half of 1% of companies reach this milestone. We’re grateful to have earned the trust of our partners, members and the community and take seriously our role in helping people protect what matters most. 

Nationwide got its start when a group of Ohio farmers came together to get a fair price for auto insurance for those who didn’t live in the city. Farm Bureau Mutual Automobile Insurance Company was formed with just $10,000 to solve a problem for customers. That spirit of protection remains at the heart of the company today. The new company’s first policy was written on April 14, 1926. Since that time, Nationwide has grown into one of the largest providers of insurance and financial services in America. 

Working closely with our intermediary partners, we’ve made it our mission to protect people, businesses and futures with extraordinary care. Whether it’s protecting families with auto, home, pet and life insurance, protecting financial futures through annuities and retirement plans, or offering businesses the specialized protection they need through solutions like excess & surplus, institutional life insurance and stop loss coverage, Nationwide is uniquely positioned as a modern mutual to support our members. 

We’ve earned this position through decades of innovation in support of our customers. As we look ahead to what’s next, it’s important to reflect on a few of our “firsts”: 

• In 1926, Nationwide paid its very first auto claim for a stolen tire, rim and a spotlight. The claim was paid within 24 hours and the company adopted the claims promise “fair, frank, firm and friendly,” setting an early expectation that customers would get fast, transparent help when something went wrong.
• In 1937, Nationwide’s first Safety Officer built a custom “paintball” car that fired paint on the ground at three points in a braking maneuver so people could see how long it actually takes for a driver to react and stop a car; the car toured county fairs, Farm Bureau meetings and high schools, turning cutting-edge road safety education into a traveling show for customers and their communities.
• In 1954, Nationwide became the first insurance company to offer mutual funds, opening the door for everyday investors to access professionally managed, diversified portfolios. This early move into investment products helped customers build long-term financial security alongside their traditional insurance coverage.
• In the 1960s, Nationwide became the first company to offer incentives for a relatively new safety feature in cars — seat belts; at the time, only about 9% of cars had seat belts. But, as more cars hit the road, accidents increased and it just made sense to reward our customers for buckling up.
• In the 1970s and 1980s, Nationwide helped reinvent catastrophe response by sending mobile claims units directly into disaster zones — starting with a pull behind camper after the 1974 Xenia, Ohio, tornadoes — so customers could file claims, talk to adjusters and start rebuilding from a rolling office located where they needed it most.
• In 1975, Nationwide introduced the first deferred compensation annuity designed for public employees, giving teachers, first responders and other public servants a new way to save pre-tax for retirement. This innovation helped lay the groundwork for modern public sector retirement programs and expanded access to long-term savings tools for millions of workers.
• In 1999, Nationwide was the first to combine comprehensive long-term care benefits with a retirement savings vehicle in a single, one-time investment product. By integrating protection and accumulation in one solution, the company helped customers prepare for future care needs while still growing their retirement nest egg.
• In 2007, the company launched telematics, using in-car data to reward safer driving with personalized discounts and giving customers more control over their insurance premiums while reinforcing safer habits behind the wheel.
• In 2017, Nationwide Financial introduced one of the industry’s first fee‑based fixed indexed annuities — designed for fee‑based advisors and their clients, aligning annuity solutions with modern advisory fee structures rather than commissions.
• In 2021, Nationwide was among the first to expand our offering to a suite of protected retirement solutions that provide guaranteed lifetime income within a workplace retirement plan. These solutions give employees entering retirement confidence that their retirement savings will provide income as long as they live, even in volatile markets. 

Ask any Nationwide employee and you’ll hear we’re not an insurance or financial services company — we’re a protection company, and we believe that protection extends to the communities where we live and work. In fact, Nationwide’s commitment to communities has been a defining feature of its first 100 years. 

The Nationwide Foundation, established in 1959, has contributed more than $745 million to communities since the year 2000, focusing on crisis stabilization, affordable housing and economic empowerment. As part of that, the Nationwide Foundation has contributed $170 million in transformational gifts to Nationwide Children’s Hospital in Columbus, Ohio, since 2006, supporting the wellbeing of children and families worldwide. 

Thousands of Nationwide employees across the country give their time, talent and financial support each year to local organizations. In partnership with the Red Cross, the company opened America’s first full-time corporate blood donation center in 1995 and we currently have more than 170 leaders serving on 216 nonprofit boards across the U.S. For our centennial year, we set a goal of 100,000 volunteer hours to celebrate and deepen the personal impact Nationwiders make in support of our neighbors. We look forward to announcing additional community investments in April 2026 to commemorate our milestone anniversary.  

We believe our past informs our future and value your enduring partnership. Thank you for your continued trust and support as we pursue our vision of becoming the most trusted, most caring and most customer-focused protection company. 

Sincerely,  
Kirt Walker, Chief Executive Officer 

Nationwide’s centennial comes as the company continues to invest in its long-term strength and ability to serve members in a dynamic risk environment. The company maintains strong capital and long-standing relationships with members and distribution partners across the country, supported by consistently strong ratings from leading agencies. 

As Nationwide looks beyond its centennial, the company remains focused on helping protect people, businesses and futures with extraordinary care.  

Visit Nationwide’s newsroom and follow the company on LinkedIn, Instagram, Facebook and X to get updates as the company celebrates these milestones and more throughout the year. 

About Nationwide 
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified financial services and insurance organizations in the United States. Nationwide is rated A+ by Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; and pet, motorcycle and boat insurance.  

For more information about Nationwide and Nationwide’s ratings, visit www.nationwide.com or Company Ratings -- Nationwide.  

NFN-1931AO    
Nationwide, Nationwide is on your side and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2026 

For teens who need higher acuity care in Ohio, one organization is leading the way for children’s mental health care in our community.  

The Buckeye Ranch, a leading provider in behavioral and mental health services for children and families across Ohio, has opened the state’s first and only Psychiatric Residential Treatment Facility (PRTF) for teens: the Hope Treatment Center.

The center will provide key mental health support via specially trained staff that will support local access to short-term, intensive residential treatment support after hospital discharge, offering increased family engagement to promote healing and stability for youth.

“More than five years ago, we recognized a critical gap in care for youth experiencing mental health crises,” said Vickie Thompson-Sandy, President and CEO of The Buckeye Ranch. “Too many children were being sent out of state for treatment, separated from their families and communities during their most vulnerable moments. The Hope Treatment Center changes that. It ensures children can receive the care that they need here in Ohio, close to home, surrounded by the support and treatment that they need on their path toward lasting healing.”

The 57,000-square-foot facility will provide specialized, around-the-clock psychiatric care for up to 48 youth from across Ohio. Developed in close partnership with Nationwide Children’s Hospital, the Hope Treatment Center reflects a shared commitment to expanding access to mental health treatment and providing care that supports children and families every step of the way. With this expansion, The Buckeye Ranch will now have the capacity to serve nearly 100 youth at its Residential Treatment Services campus in Grove City.

“Hope grows when communities come together,” said Kirt Walker, Nationwide CEO and Nationwide Foundation Chairman. “This partnership between The Buckeye Ranch and Nationwide Children’s Hospital is proof of what is possible when we unite around a common purpose to give every child the chance to heal, to thrive, and to dream again.”

Nationwide and the Nationwide Foundation have been longtime community partners of The Buckeye Ranch, providing support and resources to advance its mission of restoring hope and healing for children and families. The Nationwide Foundation contributed $2.5 million to the New Hope Treatment Center project.

Earlier this year, the Nationwide Foundation also contributed $1 million towards the Franklin County Crisis Care Center, a first of its kind in behavioral health to provide 24/7 support for adults experiencing mental health or addiction-related crises. Developed in collaboration with the Alcohol, Drug and Mental Health Board of Franklin County (ADAMH) and Recovery Innovations, the center aims to provide both immediate and long-term care for the community in a single, centralized location.

Together, these efforts reflect a growing commitment to comprehensive mental health care in Ohio – one that The Buckeye Ranch continues to advance. Serving thousands of youth across the state every day, The Buckeye Ranch ensures children receive services designed to help them succeed within their families, schools and communities. To learn more about its mission, visit www.BuckeyeRanch.org.  

Nationwide CEO Kirt Walker announced today that Michael Carrel will serve as the new Chief Technology Officer for the Fortune 100 company. Carrel follows Jim Fowler who is joining Lumen Technologies as Chief Technology and Product Officer beginning in January 2026.

“As we prepare to enter Nationwide’s centennial year, we’re pleased to name Michael Carrel to lead our Technology team,” said Kirt Walker, Nationwide CEO. “Michael brings deep business and technology experience to this role and will be a champion for enterprise adoption of AI and new technologies, delivering on our vision to be the most trusted, most caring, most customer-focused protection company.”

Carrel brings more than 30 years of experience within Nationwide Technology. Most recently, he served as Senior Vice President and Chief Technology Officer for Nationwide Financial. In this role, Michael was responsible for all technology solutions supporting Nationwide’s financial services businesses.

Michael graduated Summa Cum Laude from Bowling Green State University and has a Master of Business Administration from the University of Dayton. He serves on the Computer Science Advisory Board of Bowling Green State University and is the Board Chair for the United Way of Delaware County. Earlier this year, Michael was named the Ohio ORBIE Awards Large Enterprise CIO of the Year.

Walker added, “We appreciate Jim Fowler’s many contributions during his seven years with Nationwide and wish him continued success in his next chapter.”

Nationwide recently marked a rare milestone, honoring six employees who have each dedicated 50 years or more to the company. The celebration included a unique tribute: a re-created 1970s office space that transported the honorees back to their first day on the job. 

The Columbus-based insurance and financial services company transformed a video production studio into a retro workplace, complete with vintage cubicles, analog equipment and a view of the 1975 Columbus skyline. The immersive experience invited the associates to reflect on five decades of change, camaraderie and commitment. 

^{Pictured L to R: Pat Darst, Sonja Hutcherson, Teresa McGraw, Yvette Knott, Patricia Connors and Julie Revie}

“As we approach Nationwide’s centennial in 2026, the legacy of these six individuals becomes even more meaningful,” said Nationwide CEO Kirt Walker. “They’ve helped shape half, or more, of our journey, and their impact will be felt for generations to come.” 

From the moment they arrived at Nationwide’s downtown campus, the honorees were welcomed with care. Escorts guided them to a production studio space where a lounge and 1970s-style cubicle vignette set the scene. Laughter and storytelling quickly filled the room as the group reminisced about early managers, teammates and the tools they used to get the job done. 

Throughout the afternoon, hosts led conversations while the associates browsed archival materials and watched vintage Nationwide commercials that sparked more memories and smiles. 

The six honorees represent a range of roles across insurance, technology, investments and operations, with Walker noting that their careers exemplify the persistence and pride that define the company’s culture. 

Among those recognized was Julie Revie, Nationwide’s longest-tenured employee with 56 years of service. Revie works in Nationwide Property & Casualty’s indemnity operations in Wausau, Wisconsin. 

Other honorees include Teresa McGraw, known as “the glue of the department” in Nationwide’s investments office. Sonja Hutcherson and Patricia “Pat” Darst built careers in mainframe engineering and service desk leadership, respectively. Paula “Yvette” Knott and Patricia Connors, both part of Nationwide Financial, have mentored colleagues and modeled excellence in their departments. 

“Fifty years at one company is more than tenure, it’s a testament to purpose,” Walker said. “These associates have served generations of customers and amassed a combined 309 years of experience. They’ve trained, supported and inspired thousands of colleagues. And they’ve helped Nationwide deliver on its mission with extraordinary care, day after day.” 

Nationwide’s mission has guided the company since its founding in 1926 as a mutual automobile insurer for Ohio farmers. Today, it stands as a Fortune 100 company offering diversified insurance and financial services. Walker said the company’s strength lies in its people who are adapting, leading and keeping promises. 

As much as the honorees’ reflections highlighted how much the workplace has evolved — from analog to digital, regional to national — Knott said the company’s values remained constant over the last five decades. 

“Nationwide gives you opportunities,” Knott said. “You don’t have to leave to create your career.” 

In the end, the experience offered a simple truth: while workplaces change, values endure. The tools on a 1970s desk may look different from today’s systems, and the skyline outside Nationwide’s windows has grown. But the work, serving people with care and integrity, remains the same. 

Visit the Nationwide careers page to learn more about open positions.

Tech X 2025, Nationwide’s annual flagship technology convention, brought together Nationwide leaders, technologists and outside experts for two days of innovation and collaboration in October.

With 2,500 attendees participating both in-person and virtually, the event delivered nearly 20,000 hours of learning, showcasing the depth of talent and curiosity within Nationwide’s technology organization. 

“Tech X has grown into a flagship event for our technology team — bringing together talented associates from across the organization to share knowledge, spark innovation and push the boundaries of what’s possible," said Melanie Kolp, Nationwide’s Chief Technology Officer, Technology Enterprise Solutions of this year's event. "It’s also a moment to celebrate how our Technology teams are shaping the future of Nationwide.”

Senior Nationwide executives led general sessions highlighting Nationwide’s advancements in artificial intelligence and technology strategy, including a featured discussion with Nationwide’s CEO Kirt Walker and Chief Technology Officer Jim Fowler about how technology is shaping the company’s future. 

 “Investing in technology is essential to continuing Nationwide’s rapid growth – including investing in our people,” said Fowler. “We’re committed to our team and constantly working together to drive better outcomes for our customers.”

To learn more about Nationwide’s technology organization, visit the Nationwide Technology & Innovation Newsroom page.

Honor Flight: A day measured in thanks

It begins before dawn, when veterans gather for a once-in-a-lifetime journey to Washington, D.C.—a day designed not simply as travel, but as healing and honor. A typical Honor Flight departs from John Glenn Columbus International Airport and visits key memorials, including the World War II, Korea, and Vietnam memorials, the memorials to the military branches, and the Tomb of the Unknown Soldier at Arlington National Cemetery. The day closes with a homecoming celebration—nearly 2,000 supporters lining the airport to cheer, wave, and say “welcome home,” often for the very first time.

Over the past decade, Nationwide has provided nearly $1 million to sponsor 14 flights, serving more than 1,000 veterans from Central Ohio and around the country. The company most recently sponsored a flight on November 13, 2025, continuing a tradition that places gratitude front and center.

“When you see how powerful the experience is for these men and women who have sacrificed so much for our country, every dollar of support that we can provide is worth it,” said Chad Jester, president of the Nationwide Foundation. “Supporting Honor Flight aligns with our company’s long-held support for the veteran community.”

National Veterans Memorial and Museum: Stories that live on

Across town, the National Veterans Memorial and Museum (NVMM) preserves the voices and experiences of America’s veterans—past, present, and future. Ohio is home to more than 800,000 veterans and active-duty service members, and NVMM ensures that their stories are seen, heard, and remembered. To honor their service, all veterans, active-duty service members, and Gold Star family members receive free admission to NVMM—sponsored by Nationwide—an initiative that has already welcomed more than 3,000 individuals and is available through January 31, 2027.

“The courage, commitment and sacrifice of our nation’s heroes inspire us every day,” said Kirt Walker, Nationwide CEO. “We’re honored to offer access to the NVMM as a meaningful way to recognize their service and sacrifice, and to help preserve their legacy with lasting gratitude and respect.”

Nationwide has granted $1.6 million to NVMM to support its initiatives. Additionally, the Nationwide Foundation has independently donated nearly $3 million to NVMM’s general operating support since its inception, ensuring that these stories live where they belong, at the heart of our community.

Stockhands Horses for Healing: Where connection restores courage

At Stockhands Horses for Healing, the path to recovery is walked alongside a horse—steady, patient, and present. Programs like Veterans Night, the Women Warriors group, and Veterans' Outreach welcome veterans into a peaceful space where they can reconnect, rebuild trust, and find renewed purpose through equine-assisted support. These experiences help veterans manage invisible wounds—PTSD, anxiety, and depression—through relationships that foster communication, grounding, and resilience.

“Everyone tells me I’m different. I look at how I’ve grown as a person,” said Luke, a veteran and Stockhands participant. “I went from no end goal in life and not knowing who I am or what I want to actually having a future.”

The Nationwide Foundation's $100,000 donation to Stockhands this year has helped expand veteran-focused events to support individuals like Luke, allowing the organization to better serve this community.

Caring for our Community

The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $700 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work.

A CEO Award is considered Nationwide’s most prestigious honor and recognizes individuals who embody the company’s mission and values through leadership, innovation and service. This year’s honorees distinguished themselves through exceptional achievements in categories tied to community impact, modeling Nationwide’s caring culture, customer centricity and innovation.

Whether it’s investing countless hours in community service, developing new systems to streamline operations or being a reliable, go-to source for coworkers to solve problems, onboard and help develop new team members, the 2025 honorees exemplify what it means to go above and beyond.

“The CEO Award winners represent the very best of Nationwide,” said Nationwide CEO Kirt Walker. “Their passion, creativity and dedication are inspiring and we’re proud to celebrate the many ways they’re living out our mission.”

This year, employees across the company were nominated by their peers and the 14 winners were selected by Walker and his executive leadership team.

“Our annual CEO Awards is more than recognition – it’s a celebration of the people who make Nationwide special,” said Chief Human Resources Officer Vinita Clements. “Each CEO Award winner’s story is a reminder of how our employees are bringing Nationwide’s culture and values to life.”

Visit the Nationwide careers page to learn more about open positions.

Nationwide intends to transfer the underwriting and management of all renewal policy opportunities included in the transaction – currently $1.2 billion in premium – to Ryan Re Underwriting Managers, a managing general underwriter specializing in reinsurance and part of Ryan Specialty (NYSE: RYAN).

“This acquisition accelerates Nationwide’s reinsurance growth and deepens our strategic alliance with Ryan Specialty, through Ryan Re, established in 2019,” said Nationwide CEO Kirt Walker. “Together, we’ve built a strong foundation in specialty reinsurance. This transaction builds on that momentum and broadens the range of opportunities we can bring to market.”

“These renewal rights create new opportunities to grow and diversify our reinsurance portfolio while adding specialized talent to Ryan Re’s team,” said Mark Berven, President of Property & Casualty at Nationwide. “We’re ready to provide Markel’s clients with the solutions and service they’ve come to expect, while delivering new value for broker partners.”

Transaction terms have not been publicly disclosed.

Nationwide CEO Kirt Walker announced today that Craig Hawley has been named the incoming president and COO of Nationwide Financial, effective Sept. 1. In January, John Carter announced his intention to retire as leader of the company’s financial services business. 

“With more than 30 years in the financial services industry, Craig Hawley is a results-driven leader and innovator who is committed to creating value for advisors and their clients,” Walker said. “His proven track record at Nationwide makes him a strong fit to lead our financial services business, which has become a $50 billion industry leader, consistently outperforming the competition in earnings and sales growth as we deliver on our mission to protect people, businesses and futures with extraordinary care.”  

Craig currently serves as President of Nationwide Annuity, a top 10 seller of annuity products in the U.S., representing more than $130 billion in assets in 2024. With a distinguished career of more than 30 years in the financial services industry, Craig is widely recognized as a visionary, results-driven leader and innovator. He previously led Nationwide Retirement Solutions Distribution, overseeing sales teams responsible for more than $175 billion in assets under management and supporting over 2.5 million participants in preparing for and living in retirement. 

Craig also played a pivotal role in Nationwide’s acquisition of Jefferson National in 2017, later leading the business—renamed Nationwide Advisory Solutions—until its integration into Nationwide Annuity in 2019. His earlier roles include serving as General Counsel and Secretary at Jefferson National, Assistant General Counsel at ARM Financial Group, and Associate at the law firm Wyatt, Tarrant & Combs. 

Craig holds a Juris Doctor and bachelor’s degree in business management from the University of Louisville. He is an active member of several boards, including the Insured Retirement Institute (IRI), LIMRA Annuity Advisory Board, University of Louisville College of Business Board of Advisors, and the Star House Board of Trustees.  

In the coming weeks, Craig and John Carter will work together as they transition responsibilities.  

Nationwide Annuity will continue to operate under Craig Hawley’s leadership until a new leader is announced.


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Nationwide plans to delegate the underwriting and management of all renewal policy opportunities included in this transaction – currently $1.2 billion in premium – to Ryan Re Underwriting Managers, a reinsurance managing general underwriter of Ryan Specialty (NYSE: RYAN), expanding the strategic alliance between Nationwide and Ryan Specialty established in 2019.

"By working with two respected names in the industry, this strategic acquisition reinforces Nationwide’s position as a diversified risk partner and creates an opportunity for us to expand our reinsurance footprint,” said Nationwide CEO Kirt Walker. “Nationwide’s collaboration with Ryan Specialty, and Ryan Re in particular, has positioned us to increase our presence in the specialty reinsurance market. This strategic move accelerates this progress, and we’re excited about the diverse portfolio it unlocks.”

“We are confident in our ability to meet the protection needs of Markel’s clients and deliver long-term value to broker partners,” said Mark Berven, President of Property & Casualty at Nationwide. “Our partnership brings the scale, reach and specialized capabilities to offer these clients a broad suite of products, including specialty lines that enhance their options in meaningful ways.”

Berven also noted that the agreement provides the opportunity to strategically expand the team with specialized reinsurance underwriting talent, ensuring the continuation of exceptional service to renewing clients.

Transaction terms have not been publicly disclosed.

"Our hearts are with the individuals and families impacted by the devastating floods in Texas," said Kirt Walker, Nationwide CEO and Chairman of the Nationwide Foundation. "The Nationwide Foundation is making an additional contribution to the American Red Cross disaster relief fund to offer needed support at this difficult time."  

Gifts to American Red Cross disaster relief enable the organization to prepare for, respond to and help people recover from disasters big and small by providing food, shelter, emotional support, clean-up kits and other assistance for those in need. People interested in donating to the Red Cross may donate online at www.redcross.org or call 1-800 RED CROSS (1-800-733-2767). 

About The Nationwide Foundation 
The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $700 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work. 

“This acquisition expands the capabilities, specialized expertise and strong partnerships of our financial services organization, positioning our company as a leading provider in the employer stop loss industry,” said Nationwide CEO Kirt Walker. “As a company committed to protecting people, businesses and futures with extraordinary care, enhancing our employer stop loss segment helps us continue to meet the needs of business owners today and into the future.” 

The transaction further strengthens and diversifies Nationwide’s portfolio, expanding the company’s ability to sell stop loss insurance to small businesses. Stop loss insurance protects employers who self-fund their health insurance plans from excess losses.

As part of the acquisition, Lindsey Murray, the former chief operating officer of Allstate Health, has joined Nationwide and will lead the newly formed Nationwide Group Benefits segment. Murray will report to John Carter, president and COO of Nationwide Financial.

“Lindsey brings a wealth of experience and a proven history of success in the employee benefits market,” Carter said. “Her expertise builds on and complements Nationwide’s core capabilities, helping us drive continued growth as we navigate the evolving financial landscape.”

Murray held a variety of leadership roles at Allstate, including executive vice president of the Product, Pricing and Underwriting team for the Health & Benefits division, overseeing the Voluntary Benefits, Individual Health and Group Health business lines. She has a strong track record of driving innovative product development and long-term growth.

Murray holds a bachelor’s degree in actuarial science from Carroll University. She is a Fellow in the Society of Actuaries and a member of the American Academy of Actuaries.

After launching the award program in 2018, Columbus Business First has recognized Nationwide every year.  

Recently, Nationwide CEO Kirt Walker highlighted a specific area where the collaboration between the company and non-profits has made a substantial impact on the community. 

This piece originally ran in Columbus Business First on June 13, 2025.  

Working together in support of the community 
By: Kirt Walker, CEO, Nationwide 

Corporate citizenship can take many forms, and being an active corporate citizen can lead to innovative solutions to solve community problems. It’s about neighbors helping neighbors. 

For example, we recently had some available real estate and knew there were community organizations that needed space. We wondered how we could use that space to support the community, so we reached out to the United Way of Central Ohio. 

Working together, we were able to create a shared space for nonprofit organizations in a nine-story, 150,000 square foot building that was formerly Nationwide office space at 215 N. Front Street. 

At the same time, the United Way announced they would move into this space, now called the Community Impact Center, and also sell its former headquarters, which are now being transformed into apartments that include both workforce and market rate housing. 

The Columbus Metropolitan Housing Authority is investing $29 million into the former United Way space to build a five-story building with 82 apartments, which will serve middle and low-income families and people with disabilities. The building will have studio units along with one- to three-bedroom units and parking. 

In addition to being the new home for the United Way of Central Ohio, the Community Impact Center is also home to more than a dozen local nonprofits who can now collaborate more efficiently while addressing critical community needs. 

I had the opportunity to meet with leaders of the organizations based at the Community Impact Center recently and was inspired by all the great work happening that has benefits extending far beyond the building walls. 

These kinds of partnerships are great examples of Corporate Citizenship in action – and there are so many more included in this year’s awards. Congratulations to all of this year’s winners and thank you for making central Ohio a better place to live and work. 

The Chief Financial Officer of the insurance and financial services giant attributes the ascension to delivering a unique set of competitive advantages and solutions that help customers protect their future, while accelerating growth, earnings and capital position.

“As we value Nationwide’s continued presence on the Fortune 500 list, we’re reminded that our inclusion isn’t just about where we stand today – it’s about where we’re headed,” said Chief Financial Officer Tim Frommeyer. “With our centennial approaching in 2026, we’re focused on shaping the next 100 years and are guided by our commitment to be the most trusted, most caring, and most customer-focused protection company. We are dedicated to delivering solutions that help people face the future with confidence.”

When compared to other organizations on the list, Nationwide as a whole is:

• The 2^nd largest Columbus, Ohio-based company
• The largest company with an operating presence in Des Moines, Iowa
• 6^th largest company in Ohio
• 3^rd largest mutual insurance company in the United States
• 7^th largest insurance company (including stock companies)*

Product innovation, technology and breadth of distribution partnerships have transformed how Nationwide delivers on its promise. With a focus on customer-centricity, operational excellence and financial strength, the company offers tailored solutions and strategic support to meet the unique needs of customers and partners.

This momentum is reflected in more than the ranking. It’s also visible in how Nationwide continues to invest in its people. Fortune recently recognized the company for the 11^th consecutive year as a Best Company to Work For.

“This is a testament to our modern mutual structure and strong and stable diverse portfolio of businesses,” said Nationwide CEO Kirt Walker. “We are equally proud of our high-performing, caring culture, which empowers employees to deliver on our mission to protect people, businesses and futures with extraordinary care.”

From expanding development opportunities to enhancing benefits, the company’s workplace culture enables employees to thrive in their career today and provides them with the tools to help prepare for the future.

To learn more about Nationwide, explore the 2024 Annual Report.

Why is certain Fortune data different from what the company reports in its annual report?
There are a variety of financial data and metrics that are used by the Board, management and regulators to measure financial performance and financial stability of companies. The information presented in Nationwide's annual report is prepared in accordance with Generally Accepted Accounting Principles (GAAP), which forms the basis used by all companies when reporting earnings performance to investors and widely discussed by news outlets. The data reported by Fortune is based on regulatory statutory accounting principles, which embed a high degree of conservatism as its core principles. The primary purpose of the regulatory framework is to assess solvency and capital adequacy that ensure a company’s ability to meet its policyholder obligations.

*Does not include Berkshire Hathaway

To honor and recognize the sacrifices made by those who have served, all veterans, active-duty service members and Gold Star family members (those who have experienced the loss of a family member while in active-duty service) will receive free admission to the NVMM, sponsored by Nationwide through January 31, 2026, as part of the museum’s longstanding commitment to service members.

"We are grateful for the courage, dedication and countless sacrifices made by our country's heroes," said Nationwide CEO Kirt Walker. "Offering access to the National Veterans Memorial and Museum is a small token of our appreciation for our veterans, active-duty service members and Gold Star families, and it reinforces our commitment to ensuring their stories are honored and remembered."

NVMM is the only museum in America that honors veterans from all branches of service over the eras of the nation’s military history. The museum welcomes everyone, taking visitors on a narrative journey that tells individual stories and shared experiences of veterans throughout history to foster a deeper connection with the community and ensure their legacy is never forgotten.

"The mission of the National Veterans Memorial and Museum is to honor all veterans, elevate their stories, and amplify the power of service,” said Dr. Frederic Bertley, CEO of the NVMM. “By offering free admission to veterans, active-duty service members, and Gold Star family members, we provide a welcoming environment where they can connect with their history and share their story of service with their loved ones and the greater community."

Nationwide's support is part of the NVMM's ongoing efforts to engage the community and promote awareness of the contributions made by the nation's veterans and active-duty service members. Nationwide has granted nearly $3 million to NVMM to support their initiatives, in addition to the general operating support the Nationwide Foundation has provided to NVMM yearly since its inception, contributing $2.8 million.  

Since January 2021, Nationwide has hired nearly 500 veterans and is a long-time sponsor of the Veterans Honor Flight, which flies senior veterans every year to the nation’s capital to visit memorials and celebrate their service.

¹U.S. Census Bureau
²Ohio Department of Veteran Services

“Under Ramon’s leadership, Nationwide’s iconic brand has flourished, gaining increased recognition among intermediaries and consumers,” said Nationwide Chief Executive Officer Kirt Walker. “As he retires to spend more time with family, we are pleased to announce that Ann Bair, a 19-year Nationwider, will take on this important role for our brand.”

As CMO, Bair will serve on Nationwide’s leadership team reporting to Walker. She will be responsible for managing Nationwide’s brand. This includes marketing strategy, advertising, creative services, social media, corporate communications and events in support of Nationwide’s vision to be the most trusted, most caring, most customer-focused protection company.

Bair has held numerous leadership roles for Nationwide including senior vice president, Nationwide Financial Marketing and senior vice president, chief digital officer. She served in several vice president roles overseeing marketing for life insurance, regional property and casualty insurance and retirement plans.

Bair is a magna cum laude graduate of DePauw University. Within the community, she serves on the Board of Trustees for the Franklin Park Conservatory and Botanical Gardens and is vice president on the State of Ohio History Connection Board of Trustees.

“Ann’s wealth of experience leading marketing, sales and business functions makes her the right leader at the right time for Nationwide,” said Walker. “I am confident that she is well positioned to accelerate our success as a modern mutual.”

About Nationwide
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified financial services and insurance organizations in the United States. Nationwide is rated A+ by Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; and pet, motorcycle and boat insurance.

For more information, visit www.nationwide.com.

Subscribe today to receive the latest news from Nationwide and follow Nationwide PR on X.

Nationwide, Nationwide is on your side and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2025

“As Nationwide continues to focus on our mission to protect people, businesses and futures with extraordinary care, this acquisition is a strong fit,” said Nationwide CEO Kirt Walker. “We are extending our protection solutions to meet the needs of business owners today and into the future.” 

This acquisition will further strengthen and diversify Nationwide Financial’s portfolio, expanding the company’s ability to sell stop loss insurance to small businesses. Stop loss insurance protects employers who self-fund their health insurance plans from excess losses.

“Acquiring Allstate’s employer stop loss segment will broaden Nationwide Financial’s portfolio, meeting the needs of small businesses, allowing us to serve more customers and positioning us as a leading provider in the stop loss industry,” said John Carter, president and chief operating officer of Nationwide Financial. “This represents a significant investment in the stop loss market, adding experienced talent with proven business results, protecting over 13,000 small businesses and complementing our existing offerings in the market while accelerating our opportunity for growth.”

This new business will lay the foundation for Nationwide to continue to add capabilities for significant growth in employer benefits.

Citi is acting as exclusive financial advisor and Squire Patton Boggs LLP is acting as legal advisor to Nationwide. J.P. Morgan and Ardea Partners are acting as financial advisors and Willkie Farr & Gallagher LLP is acting as legal advisor to Allstate.

“John’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 John’s vision and leadership, Nationwide Financial has grown into one of America’s leading financial services firms.” 

Under Carter’s leadership, Nationwide Financial recorded four consecutive years of record-breaking sales, growing 62% since 2019. The firm also forged relationships with a broad network of some of the largest and most important distribution partners in the industry. In the past five years, the firm has modernized its core business systems, expanded and deepened distribution relationships, and launched new and innovative solutions. In fact, more than 25% of NF’s sales are through businesses, solutions and partnerships that did not exist five years ago, including some of the firm’s fastest-growing solutions: Protected Retirement, Pension Risk Transfer and CareMatters – Nationwide’s long-term care suite of products.  

With a distinguished 40-year career in financial services, Carter joined Nationwide in 2005 as president of Nationwide Financial Sales and Distribution. He became president of the Nationwide Retirement Plans business in 2013 and was named President and COO of Nationwide Financial in 2019. Prior to Nationwide, Carter worked in leadership positions at Prudential Financial, UBS and Kidder Peabody. 

Admired Leader 
Carter led the development of cultural programs designed to help employees bring their best selves to work, resulting in world-class engagement and high-performing teams. He spearheaded the introduction of the NF internship program in 2013, a successful program that continues today. A proud graduate of the University of Missouri, Carter has remained involved with the university through the years, including supporting the Tiger Scholarship Fund, serving on the Robert J. Trulaske College of Business Marketing Advisory Board, and creating the Sales and Customer Development program in the College of Business. 

Industry Advocate  
Throughout his career, Carter has advocated for the retirement security of America, traveling to Washington, D.C., to lend a voice to regulatory and industry conversations impacting retirement planning. He served on the boards of several leading industry associations, including the American Council of Life Insurers (ACLI), Insured Retirement Institute, Employee Benefit Research Institute and the Columbus Chamber of Commerce.  

In 2020, he championed the formation of the Financial Alliance for Representation and Empowerment (FARE), a coalition of leading financial services firms, associations and Historically Black Colleges and Universities (HBCUs), with the goal of building sustainable economic wealth in diverse communities and increasing inclusivity in the financial services industry. 

Community Supporter 
Within Nationwide, Carter served as co-executive sponsor 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, one of the most successful PGA tournaments benefiting a single non-profit organization. The annual event has raised $30 million for pediatric cancer research and treatment since 2007.  

“John will leave a lasting impact on the industry and Nationwide, and Nationwide Financial is well positioned to continue its above-industry growth for years to come because of his leadership,” said Nationwide CEO Kirt Walker. Walker shared that Carter will be with the organization through the end of the year. 

“Our thoughts are with everyone impacted by Helene and Milton,” said Kirt Walker, Nationwide CEO. “While our claims and service teams are ready to assist our customers, our commitment to the American Red Cross Disaster Relief Fund will support those who are bravely responding to provide essential aid and comfort after a disaster strikes.”  

In support of those affected by both hurricanes, the Nationwide Foundation is making an additional $100,000 donation to the American Red Cross Disaster Relief Fund, bringing total recent donations to $200,000 in response to the recent storms. The Nationwide Foundation is a member of the Red Cross Annual Disaster Giving Program.
  
Gifts to American Red Cross Disaster Relief enable the organization to prepare for, respond to and help people recover from disasters big and small by providing food, shelter, emotional support, clean-up kits and other assistance for those in need. People interested in donating to the Red Cross may donate online at www.redcross.org or call 1-800 RED CROSS (1-800-733-2767).  

For any Nationwide customers impacted by the storm, the claims team is ready to assist you. Customers can start a claim online at nationwide.com, through the Nationwide mobile app or by calling 800-421-3535.  

About The Nationwide Foundation  
The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $670 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work.  

“Our thoughts are with everyone impacted by Helene,” said Kirt Walker, Nationwide CEO. “While our claims and service teams are ready to assist our customers, our commitment to the American Red Cross Disaster Relief Fund will support those who are bravely responding to provide essential aid and comfort after a disaster strikes.”   

In support of those affected by Helene, the Nationwide Foundation is making a $100,000 donation to the American Red Cross Disaster Relief Fund.  

Gifts to American Red Cross Disaster Relief enable the organization to prepare for, respond to and help people recover from disasters big and small by providing food, shelter, emotional support, clean-up kits and other assistance for those in need. People interested in donating to the Red Cross may donate online at www.redcross.org or call 1-800 RED CROSS (1-800-733-2767). 

For any Nationwide customers impacted by the storm, the claims team is ready to assist you. Customers can start a claim online at nationwide.com, through the Nationwide mobile app or by calling 800-421-3535.  

About The Nationwide Foundation 
The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $670 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work. 

Previously, Shore served as Nationwide’s Chief Customer Officer, where she helped redefine and elevate customer experience to become a sustained competitive advantage for Nationwide. She also served as President of Nationwide P&C Sales & Distribution and provided leadership in a variety of business areas in the P&C industry including sales, underwriting, product/pricing, customer service and general management. 

“Amy’s exceptional contributions and service at Nationwide and within the community have created positive lasting change,” said Kirt Walker, Nationwide CEO. “We will miss her steadfast leadership, passion for customers and employees, and thoughtful approach to championing our mission of protecting people, businesses and futures with extraordinary care.” 

Throughout her career, Shore has worked to uplift and mentor Nationwide employees and give back to the community. She is a champion of building culture and developing a pipeline of future leaders. Shore has served as executive sponsor for the Nationwide All Women’s Employee Resource Group, national chair of the company’s United Way campaign and has a passion for making affordable, high quality, higher education accessible to all who want it.  

“One of Amy’s many strengths includes developing talent for the future with a focus on inclusion,” Walker said. “Amy’s innovative efforts, and those of her teams, have demonstrated our more-than-a-business approach to giving back to the communities in which employees live and work.” 

Shore currently serves on the boards of trustees of Bowling Green State University and the Columbus Symphony.  She is a past board member and treasurer of United Way of Delaware County and remains active in their Women's Leadership Network.  

As Nationwide continues to leverage its hybrid work model, opportunities for employees to come together throughout the year remain a top priority. And, at the annual, company-wide meeting, employees gathered in person and virtually to reflect on the past year and celebrate the employees who went above and beyond to deliver outstanding service and results.

Awarded annually, a Nationwide CEO Award is considered the highest recognition an employee can earn. This year, the winners were nominated in categories that include innovation, living our high-performing, caring culture, customer centricity and community impact.

“Each year, it’s an honor to celebrate the exceptional CEO Award winners,” said Nationwide CEO Kirt Walker. “These winners exceed expectations and live our mission in all they do.”

Over 100 employees were peer-nominated for a 2024 CEO Award. The 14 winners were selected by Walker and his executive leadership team.

"Our CEO Award winners are truly remarkable," said Chief Human Resources Officer Vinita Clements. "Our people make Nationwide a great place to work and these winners’ dedication to each other, our customers and their communities is inspiring.”

Visit the Nationwide careers page to learn more about open positions.

Why it matters: During any given year, hundreds of children and their families may live at the YWCA Family Center. Last year, the center served 251 families and 1,613 children.

Opportunities for all ages: Until recently, the playground at the Family Center was limited in its scope and offerings. Today, the newly opened Family Center playground is designed for multiple ages, not just the youngest children. This offers kids of every age the chance to exercise and play in a safe environment. The playground has three different areas:

• the Safe and Sound Playground, for children ages 0-5, is built with soft surfaces and features age-appropriate toys;
• the Daycare Playground, for children ages 5-12, has traditional slides, swings, climbing structures and other playground equipment; and,
• Sport Court, a multiuse area for children up to 18 is designed for organized play – everything from street hockey to basketball.

Community-wide effort: Several years in the making, the Columbus Blue Jackets-themed playground officially opened in July thanks to the efforts of multiple organizations in the Columbus community, including the Nationwide Foundation, Columbus Blue Jackets Foundation, Installed Building Products, and the Champion Cares Foundation.   

As HispanicBusinessTV noted in its coverage of the playground opening, it was Cindy Walker, wife of Nationwide CEO and Nationwide Foundation Chairman Kirt Walker, who proposed an upgrade of the playground.

What they’re saying: “Cindy came home and shared her enthusiasm for what this playground build could look like,” Walker said at the playground’s ribbon cutting ceremony on July 11. “How great to celebrate today as the concept becomes a reality. This is awesome!

 “It’s all about the kids. We’re mission-driven – we’re about protecting people, businesses and futures with extraordinary care. There’s nothing more important in that group than families and children. The Nationwide Foundation's gift, in alignment with its mission to improve communities where Nationwide associates and members live and work, made this possible.”

Zoom in: The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $670 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work.

Read more:

• Nationwide Children’s Hospital Launches “Empower the Possible” Campaign with Historic 10-Year, $100 Million Commitment from Nationwide Foundation
• Innovative spaces await: Linden Branch remodel is underway
• Affordable housing building in Linden

• $60.3B in sales; third consecutive year of record sales 
• $1.3B in net operating income 
• $25B billion in total adjusted capital and highest level recorded 
• Nearly $23B in claims and benefits paid to customers 
• Financial services continues to drive overall growth with financial performance accelerating in all lines 
• Excess & surplus/specialty and agribusiness lines leading P&C performance 

COLUMBUS, Ohio – Nationwide—one of the largest and most diversified financial services and insurance companies in the United States—reported another year of record sales in 2023, driven primarily by the impressive performance of its financial services business group. 

The company marked that achievement while paying out nearly $23 billion in claims and benefits to members in a year marked by stubbornly high inflation, increasing interest rates and severe weather. 

Another one for the record books 
Total sales exceeded $60 billion, $3 billion over 2022—the third year in a row for record high growth. 

Nationwide's key measurement of profitability—net operating income—was steady at $1.3 billion. Total adjusted capital in 2023 rose to $25 billion, up almost 5 percent from the prior year. 

“I’m proud of what we accomplished in 2023 — capital growth, record top-line growth and strong net operating income,” said Nationwide Chief Executive Officer Kirt Walker. “We faced many challenges and, through it all, our associates persevered and delivered on our promise of protection for our customers and our communities. That's the mark of a resilient company. Some of those challenges we faced were industry-wide, like in P&C where the overall industry experienced one of the costliest years on record, driven by record levels of severe weather and persistent inflation. For Nationwide, our diverse portfolio of businesses enabled us to thrive while many peers struggled to deliver bottom-line results.” 

The key to future growth 
2023 results reflected both the strength of Nationwide's financial services business and the challenging environment facing the property and casualty industry. Nationwide’s broad portfolio of financial services and property and casualty business lines performed very well with 7 of 9 achieving their expected returns on capital. 

“Nationwide’s diversification, strong risk-management capabilities, iconic brand and mutual structure proved to be important competitive advantages, fueling financial performance and AAA-level capital protection, which kept us strong and stable for our partners and members,” said Chief Financial Officer Tim Frommeyer. “Managing 2023 demanded agility and business-decision velocity, and we continue to double down on these strengths in 2024. We took advantage of opportunities the markets provided, we shifted capital toward businesses achieving their return-on-capital targets and we continued to drive operating efficiencies at levels that achieved our multi-year expense reduction goal.” 

2023 Highlights 

• A financial services powerhouse: The company's financial services business continues to significantly contribute to Nationwide's record top-line performance and overall profitability. As many peers have struggled with volatile financial markets and shareholder expectations, Nationwide’s financial services business achieved sales records and exceeded its return on capital targets, while deepening its alignment with national distribution partners by leveraging its broad portfolio of corporate and individual solutions.  
• Industry challenges in property & casualty: The entire P&C industry was challenged by severe weather events and the impact of inflation on claims payments. Loss settlement costs in personal lines were amplified by stubbornly high inflation for much of the year and record levels of severe convective storms losses. Excess Surplus & Specialty lines and Nationwide Agribusiness lines excelled in this environment and achieved performance expectations. Significant rate and underwriting actions drove a strong fourth quarter and will accelerate performance into 2024.  
• Innovating for more secure retirements: In response to the escalating demand for secure retirement income in a market with fewer traditional pensions and increasing life expectancy, Nationwide’s retirement solutions business—the No. 1 provider of public sector plans—led the way in creating new markets for adoption of protected retirement solutions. The company established many significant relationships and serves as an industry leader in providing products that produce a guaranteed stream of income for retirees. 
• Innovative solutions for life: As a top 10 provider of life insurance solutions, Nationwide launched innovative solutions based on consumer need like the first-of-its-kind long-term care solution called CareMatters Together that offers a shared pool for two individuals under the same policy—making it more cost effective while simplifying the customer experience. In addition, Nationwide Life Essentials^SM, was introduced, allowing customers to buy coverage in as little as 15 minutes and eliminating the need for a medical exam.  
• Opening career doors for diverse students:  In 2023, the Financial Alliance for Representation and Empowerment (FARE) awarded more than $80,000 in scholarships through the FARE CFP^® Certification Diversity Scholarship and the FARE HBCU Scholarship Program to help 21 Black professionals and students prepare for the Certified Financial Planner (CFP) certification and Securities Industry Essentials (SIE^®) Exam, respectively. A founding member of FARE and contributor to these awards, the company is proud to invest in the next generations of diverse leaders in the financial services industry. 
• Advocating for stronger building codes: Homeowners and businesses across the country are facing escalating challenges related to the increased frequency and severity of extreme weather. Nationwide is using its position as a leading protection company to advocate for the adoption and enforcement of modern building codes, aimed at safeguarding homes, businesses and communities from the impact of extreme weather events. 
• Repurposing office space based on unique community needs:  Following a successful transition to a hybrid work environment, Nationwide partnered with the United Way of Central Ohio to repurpose office space in a meaningful way that meets the unique needs of the community while contributing to the vitality of downtown. In 2023, United Way of Central Ohio and other nonprofits occupied the 9-story, 150,000 square foot Community Impact Center at 215 North Front Street. Along with United Way, partner tenants include the YMCA Stable Families Administrative Offices, Per Scholas, I Know I Can, Future Ready, Communities and Schools, and Corporation for Supportive Housing, among others. In Iowa, the company also completed the sale of one of its facilities to the City of Des Moines, which will be used to house city services in a central location. 
• Community giving tops $40M: In 2023, contributions from the Nationwide Foundation— the 501(c)(3) private foundation to which Nationwide is the primary donor —stood at $40.1 million. Associates contributed an additional $7.3M in contributions to non-profit organizations while logging more than 70,000 hours of volunteer time across the country. 

Building the protection company of the future 
Focusing on the year ahead, Walker pointed to Nationwide's diverse portfolio, capital strength and iconic brand as advantages moving into 2024. 

“We are positioned to adapt, innovate and thrive for years to come," he said. "As we head toward our centennial in 2026, we are strong and stable and committed to protecting people, businesses and futures with extraordinary care. With our enduring financial strength backing our promise, we are building the protection company of the future.” 

About Nationwide
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; and pet, motorcycle and boat insurance.

For more information, visit www.nationwide.com.

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On October 6, 1923, Trice was alone in a Minnesota hotel room on the eve of the Cyclones’ game against the Golden Gophers. In a fateful letter that was found later, he shared his thoughts on the significance of his opportunity, writing “The honor of my race, family, and self are at stake. Everyone is expecting me to do big things. I will! My whole body and soul are to be thrown recklessly about on the field tomorrow.” 

During the game, Trice suffered a broken collarbone but insisted he could continue to play. Upon returning to the field, he was forced to the ground and trampled by several Minnesota players and was taken to an area hospital. He was able to make the trip home with his teammates, but the internal injuries he suffered couldn’t be diagnosed or treated at the time, and Jack Trice died from his injuries the following day. He was 21 years old.

Trice’s story went largely untold until an Iowa State English professor introduced Jack Trice’s story to his class in 1973. That group of students started what turned into a 24-year effort to get the stadium renamed to honor Trice’s legacy. After generations of student-led activism and public debate, the Cyclones’ stadium was renamed Jack Trice Stadium in 1997. It remains the only Division I college football stadium named for an African American individual.

Recently, Nationwide joined Iowa State University, its alumni, and the community for a centennial commemoration of Jack Trice’s brief life and a game at the stadium that now bears his name.

On Saturday, October 7, 2023, the Iowa State Cyclones hosted the 2022 College Football Playoff finalist TCU Horned Frogs for the Jack Trice Legacy Game, presented by Nationwide. During Iowa State’s 27-14 victory in that primetime game, the Cyclones wore throwback uniforms inspired by those worn in the 1923 season. The “I will!” script taken from Trice’s handwritten letter was incorporated on the bumper of the helmets and the inside collar of the jerseys. Among the in-game tributes, Nationwide CEO and Iowa State alumnus Kirt Walker and ISU Athletic Director Jamie Pollard presented an official game jersey to Trice family representative George Trice during an on-field presentation.

“I remember first learning about Jack Trice as an Iowa State student, and his story has continued to influence me throughout my personal and professional life,” said Walker. “Jack Trice left a legacy that will continue to inform and inspire future generations well beyond Iowa State University.”

The weekend culminated a year-long commemoration that began in October 2022. Over that time, the university and community recognized Trice’s legacy through museum exhibitions, art installations, lecture series, street renaming, and other public events.

To learn more about Jack Trice’s story and commemoration, visit jacktrice100.com.

The 2023 gift, which will support several key hospital initiatives, builds on more than a decade of philanthropic investments in vital programs that seek to help all children have a healthy future, whether they live in central Ohio or across the United States.

The Pediatric Innovation Fund will support the hospital’s ongoing efforts to create affordable housing units in Linden. Community factors such as access to housing, health care, education, employment, transportation, and healthy food can directly affect a person’s health. Nationwide Children’s Healthy Neighborhoods Healthy Families initiative helps to address these factors impacting health and well-being.

Healthy Homes, the affordable housing arm of Healthy Neighborhoods Healthy Families, will develop 80 high quality, affordable homes for purchase in Linden, in partnership with the Central Ohio Community Land Trust. Each house is sold at less than the cost to develop it. Twenty homes are complete, and eight are currently in construction.

Through the recently announced Linden Home Fund II, $50 million will support the development of 150 rental units. Nationwide is among the funding partners.

“Nationwide Children’s is committed to improving the health of families and neighborhoods by working with community partners to address the social and economic factors that can impact health outcomes. But it takes a community to make impactful change,” said Tim Robinson, Chief Executive Officer, Nationwide Children’s Hospital. “Nationwide Foundation’s generous $10 million gift and ongoing commitment to improving community health will help us strengthen our work in affordable housing to help families improve their health starting at home. It will also help advance our research in genomic medicine, create innovative ways to manage data, and attract and retain world-class talent.”        

Other programs benefiting from this year’s $10 million gift include:

• Genomics: Funding in 2023 will support capital and programming enhancements to process more genomes, more quickly and cost-effectively at the hospital’s Steve and Cindy Rasmussen Institute for Genomic Medicine. Established in 2016, the Institute is one of the leading programs in pediatric precision genomic medicine in the U.S., focusing on genomics as the key to diagnosis and to identifying treatments for a range of childhood diseases. Since its inception, the Institute has provided more than 63,000 clinical genomics-based tests for more than 17,000 patients with a wide variety of conditions.
• Biomedical Data Sciences: Funds will help the hospital develop a state-of-the-art centralized data analytics function. The newly established Office of Data Sciences will help the hospital to consolidate data and leverage it more effectively for treatment, cures, and other advancements.
• New Endowed Chair in Innovative Pediatric Care: Funds will support ongoing efforts to attract and retain best-in-class talent by creating the Nationwide Foundation Endowed Chair in Innovative Pediatric Care. The chair will be awarded to Alex Kemper, MD, MDH, MS, who is the division chief of primary care pediatrics at Nationwide Children's Hospital and professor of pediatrics at The Ohio State University College of Medicine. Sixteen endowed chairs have been made possible through the Nationwide Foundation. These endowed chairs are critical to the recruitment and retention of top medical talent, supporting the Hospital’s ranking as the sixth top children’s hospital in the country by U.S. News & World Report.

“The Nationwide Foundation is proud of our ongoing partnership with Nationwide Children’s Hospital,” said Nationwide CEO and Nationwide Foundation Chairman Kirt Walker. “Together, we’re helping to provide solutions for our community on critically important issues like affordable housing and research that make an impact and improve the welfare of children and their families.”

The Nationwide Foundation established the Pediatric Innovation Fund in 2014 to target strategic investments in pediatric and community health and to accelerate the most promising research and clinical discoveries at Nationwide Children’s. To date, the Foundation has contributed $100 million to the fund, including the 2023 gift. With the Nationwide Foundation’s initial $50 million donation in 2006, its contributions have now reached $150 million. In addition, Nationwide’s sports marketing programs, including the Nationwide Children’s Hospital Championship, have raised more than $55 million since 2011 to support hospital programs.

“The research advancements and community impact made possible through the Pediatric Innovation Fund – whether in genomics, population health, pediatric mental well-being or data science – have allowed Nationwide Children’s Hospital to make meaningful contributions to the lives of children and their families not only locally, but worldwide,” Walker said.

Coming up on the anniversary of the creation of the Community Impact Center in downtown Columbus, nearly a dozen organizations are now located or are in the process of locating in one place and able to work together better than ever.

Late last year, United Way of Central Ohio announced it was partnering with Nationwide to repurpose office space that the Fortune 100 insurance and financial services provider no longer needed in the wake of the company’s successful transition to a hybrid work environment.

Nationwide CEO Kirt Walker recently met with United Way of Central Ohio President Lisa Courtice and the other non-profit leaders now occupying the 9-story, 150,000 square foot Community Impact Center at 215 North Front Street.

“Our hybrid model is working and opens up the need for less office space,” said Nationwide CEO Kirt Walker. “While continuing to complete upgrades to our main campus in downtown Columbus, we were looking for a viable use for other valuable real estate. And we want to meet the unique needs of the community while contributing to the vitality of downtown. The Community Impact Center concept was the perfect fit.”

A number of non-profits have moved in alongside United Way and are now able to leverage the valuable amenities that facilitate greater collaboration.

“In talking with several of the leaders at the center, it’s apparent that what I like to call ‘productive collisions’ are already taking place,” Walker added.

Along with United Way, partner tenants include the YMCA Stable Families Administrative Offices; Per Scholas; I Know I Can; Future Ready; Communities and Schools; and Corporation for Supportive Housing, among others.

“We like to say that there is nothing we can’t achieve together when we stand united. By giving nonprofits the opportunity to collaborate in the same space, sharing ideas and creating economies of scale, we can achieve more to help the people of central Ohio,” said President and CEO Lisa Courtice, president and CEO of United Way of Central Ohio. “We are grateful for Nationwide’s generosity, and it’s my hope that more companies will follow their lead by transforming underutilized office space into places for nonprofits to thrive.”

Each of the organizations benefit from the desire to be downtown in one location and the ability to collaborate to meet community needs including a common conference and collaboration space and access to staff and visitor parking.

"We're thrilled with how things are working out at the Community Impact Center," said Nationwide Foundation President Chad Jester. "Our goal has been to repurpose this space in a way that positively impacts the community. We need strong services in central Ohio and creating the Community Impact Center has resulted in a win for everyone."

In other efforts to repurpose office space, Nationwide is in the process of selling one of its buildings in Iowa to the City of Des Moines for use as a new center for centralized city services.

For more information about the Nationwide Foundation, visit https://www.nationwide.com/personal/about-us/giving/nationwide-foundation/.

Columbus, Ohio – Nationwide—one of the largest and most diversified insurance and financial services companies in the United States—reported 2022 earnings results today, reflecting one of the strongest performances in the company’s 96-year history. 

These results were achieved while paying nearly $19 billion in claims and benefits to its members in a year marked by high inflation, rising interest rates, volatile equity markets and severe weather.

Another year for the record books
Total sales for the Columbus-based mutual insurance and financial services company were a record $57 billion, $4 billion over 2021—which was also a record year.

Nationwide’s key measure of profitability—net operating income—was $1.4 billion. Total adjusted capital grew to $24 billion in 2022, up from $21.9 billion in 2021.

“Whether they were facing volatility in the markets or extreme weather, our members and partners knew they could count on Nationwide to deliver on our promise of protection during a turbulent 2022,” said Nationwide Chief Executive Officer Kirt Walker.

“The solutions and experience Nationwide provides clearly resonated with our customers in 2022 — leading to our best year yet for total sales and premiums. It was also one of our most profitable years as we continued to focus on our risk management and underwriting disciplines while responding to inflation and financial market volatility.”

A closer look at the results
2022 earnings were driven mainly by a diverse portfolio of profitable financial services products, with the company’s property & casualty business performing at par with industry combined ratios.

“In 2022, our industry experienced uncertain economic conditions,” said Nationwide Chief Financial Officer Tim Frommeyer. “Supply-demand imbalances in the U.S. economy led to many challenges, including historic increases in inflation, broad-based compression in the U.S. economy and a looming recession. The impact on our industries — both financial services and property and casualty — has been extreme as seen in the cost of settling customer claims and in the impact of financial market losses on our members’ account values.

“Nationwide achieved its largest year of growth while maintaining capital at a AAA level,” Frommeyer continued. “Our results were driven by a diverse portfolio of businesses, strong risk-management practices and an ability to shift quickly in complex markets. These differentiators are enabled by our mutual structure, strong brand and our talented associates who take great pride in our performance and providing extraordinary care to our partners and members.”

Highlights from 2022
Among key business, customer and community impact highlights in 2022:

• Strong financial services returns: The company’s financial services businesses continue as a significant driver of Nationwide’s overall performance, with another record year of top-line sales and strong bottom-line earnings. Along with strong annuity and individual life insurance performance, significant growth in corporate-owned life insurance and pension risk transfer enabled financial services to deliver strong top-line sales and returns.
• Ability to flex: The company was well positioned with diverse annuity and life insurance product portfolios to respond to strong customer demand for fixed and institutional products. 
• A preferred partner: Nationwide continues to extend and deepen distribution relationships with major retail financial services firms such as Fidelity Investments to reach tens of thousands of savers seeking protection and saving solutions while opening the door for potential growth long term.
• P&C on par with industry performance: A diverse property & casualty product portfolio helped temper inflationary and supply chain pressures. Top line premium exceeded expectations in all P&C business lines, led by customer retention and increasing premium rates in response to inflation. While inflation drove higher claims than expected across the property and casualty industry, Nationwide’s underwriting results improved relative to the industry. In particular, excess & surplus/specialty and agribusiness businesses achieved underwriting profitability, while personal lines outperformed its comparable industry sector.
• Tackling agriculture-related climate risk:  Helping the agriculture industry meet the ever-changing concerns of its stakeholders, Nationwide provided
  $2 million in funding to form the new AgTech Innovation Hub in collaboration with The Ohio State University. The Innovation Hub will promote applied research, technology transfer, the exchange of knowledge and experience, and transdisciplinary innovation in support of agricultural technology.
• Leading on minimum pay: Along with a market-leading, flexible work model, Nationwide raised the minimum wage it will pay its workforce. In April, the company raised its minimum pay to $21 per hour, one of the highest minimum wages in the country.
• Thoughtfully repurposing facilities: As the company continues to lean into its hybrid-work model it needs less space and is thoughtfully repurposing facilities it no longer needs. In September, the company announced an agreement to sell one of its downtown Des Moines buildings to the city. The building will be converted into a new centralized center for city services. In November, Nationwide announced the conversion of a downtown Columbus building into a new Community Impact center, which will be leased to United Way of Central Ohio and a dozen other non-profits that provide critical services. Nationwide also continues to invest in renovating and improving campus locations to support the needs of its hybrid workforce.
• Advancing and growing pet protection: To increase access to veterinary services with a unified system of care for protection of more pets, Nationwide Pet introduced new partnerships with Petco and Adopt a Pet in 2022. Beginning with the country’s first pet health insurance policy to TV’s Lassie 40 years ago, the company continues to create new partnerships that add value and convenience for pet members.
• Advocate for safety: In 2022, Nationwide’s advocacy efforts to enact hands-free legislation in Ohio paid off when Senate Bill 288 passed, making distracted driving a primary offense. Nationwide is committed to continue working with lawmakers in 25 other states to pass similar distracted driving laws to make roads safer for all.
• Promoting diversity in financial services: As a co-founder of the Financial Alliance for Racial Equity in 2020, Nationwide joined several other leading financial services firms and Historically Black Colleges and Universities (HBCUs), to co-sponsor scholarships in 2022 for young Black professionals to help pay for Certified Financial Professional (CFP) certifications. Additionally, the company hosted and co-sponsored the first-ever in-person/virtual event — “Finding Your Fit in Financial Services: Learn. Connect. Network.” — for HBCU students and young professionals in October.
• Making an impact in the community: It was a difficult year for many, and Nationwiders made a difference through thousands of volunteer hours and more than $50 million in total donations from Nationwide, its associates and the Nationwide Foundation.

“In years like 2022, Nationwide stands out. Our strategic advantages allowed us to accelerate through economic pressures, act decisively and emerge as a stronger, more competitive company,” added Frommeyer.

Opportunistic growth moving forward
Anticipating continued economic and financial market pressures in 2023, the company expects to continue managing and extending its strong capital position into profitable growth within its businesses. Nationwide’s strong capital position and uniquely diverse portfolio of financial services and property & casualty products allows it to shift with the changing protection needs of consumers and partners.

“We are confident in our future and are here to help our customers and partners build confidence in theirs,” concluded Walker. “We’ve been through difficult times before and have always come out stronger. We look forward to all we’ll achieve together in 2023 and beyond.”

For more highlights, check out the 2022 Annual Report.

To help the agricultural industry meet the ever-changing concerns of its stakeholders, Nationwide and The Ohio State University have collaborated to form the AgTech Innovation Hub. This innovation hub will be facilitated by the offices of innovation for both organizations as well as the College of Food, Agricultural, and Environmental Sciences (CFAES). The two central Ohio-based institutions will work together to encourage the development of new solutions that will help the agricultural ecosystem while better understanding, managing and mitigating climate risk.  

Nationwide is pledging up to $2 million in initial funding to identify and execute initiatives for the Innovation Hub and plans to provide additional funding and resources in the future. The partnership was announced at the 2022 Farm Science Review.  

“Transitioning to a green economy, climate change – these are long-view issues that won’t be fixed overnight," said Kirt Walker, Nationwide’s Chief Executive Officer. “Agriculture is a part of Nationwide’s DNA, and we believe it’s important to invest in resources that pave the way for a vibrant and robust food supply chain. This innovation hub will be an incubator for those groundbreaking ideas. We are proud to partner with our colleagues and experts at Ohio State and to provide the funding to support this exciting and important work.” 

The AgTech Innovation Hub will provide a variety of tools, resources, skillsets and funding platforms to address the dynamic and changing needs of agriculture innovation to minimize climate risk and accurately insure those risks.  

“This partnership will build on the collaborative that Nationwide and the Nationwide Foundation already have with the College of Food, Agricultural, and Environmental Sciences and The Ohio State University,” said Cathann A. Kress, Ohio State’s vice president for agricultural administration and dean of CFAES. “It will challenge our students and faculty to bring innovative solutions to the table to tackle the grand challenges we face regarding the nexus of ecosystem sustainability, food security, and viable production agriculture.”  

“The agricultural industry is on the front lines of the climate change battle. Not only are farmers significantly impacted by the negative impacts of greenhouse gas emissions, they also can – and must – play a key role in reducing them,” said Ohio State President Kristina M. Johnson, PhD. “From carbon sequestration to adopting new technologies to further green farming practices, this partnership will help establish best practices to safeguard both our food supply and our environment for future generations. Our thanks to Nationwide for helping make this possible.” 

The Hub will promote applied research, technology transfer, the exchange of knowledge & experience, and transdisciplinary innovation in support of agricultural technology. Programs in scope may include early-stage entrepreneurs, established companies or producers developing new or value-added products or manufacturing processes, collaborations across institutions or industries, or those seeking new solutions to supply chain or other challenges in the food and agricultural ecosystems. 

“Innovation has always played a key role in Nationwide’s mission of protecting people, businesses and futures,” said Mike Mahaffey, Nationwide chief strategy and corporate development officer. “Nationwide stands ready to share our expertise and resources with those taking part in the Innovation Hub to develop solutions that will enrich the agricultural community for generations to come.” 

For more information about the AgTech Innovation Hub, visit https://news.nationwide.com/osuhub

Nationwide Children’s will use this new support from the Nationwide Foundation to expand the hospital’s portfolio of research into pediatric behavior health conditions. The medical industry recognizes that treatment on its own will not solve the behavioral health epidemic challenging the country. Research into better prevention and clinical treatment is vital.

Funds from this year’s gift will also continue to benefit the hospital’s Steve and Cindy Rasmussen Institute for Genomic Medicine (IGM). Established in 2016 the IGM remains one of the few programs in pediatric personalized genomic medicine in the U.S. and focuses on genomics as the root cause of many childhood diseases. Since its inception, the IGM has provided more than 59,000 clinical genomics-based tests for more than 16,000 patients with a wide variety of conditions.

“The Pediatric Innovation Fund has been a game-changer,” said Tim Robinson, Chief Executive Officer, Nationwide Children’s Hospital. “These funds accelerate key initiatives across our organization, advancing promising discoveries and tackling some of toughest issues in pediatrics today. With support from the Nationwide Foundation, we have attracted and funded some of the brightest minds in pediatric research and care. This is impact that will be felt for decades to come.”                                                                                 

Other programs benefiting from this year’s $10 million gift include:

On Our Sleeves
This year’s gift will also continue to support Nationwide Children’s Hospital’s On Our Sleeves^®  movement that aims to break stigmas and start conversations about childhood mental health. The program has provided free mental health education resources to more than 3 million people since 2018 and attracted both local and national partners.

This year’s donation will enable additional research and national marketing and awareness building for the second phase of The Great Collide research, specifically studying the impact of child mental health in the workplace. The original study, funding by the Innovation Fund in 2021 revealed that employee concerns over pediatric mental health affects business. Funding will also support curriculum production of Bloom materials for employees, an Ohio convening event featuring key stakeholders in the space, and more.

Population Health in Linden
Support from the 2022 award will continue investment in vital, evidence-based programs to help ensure all children have a healthy future in Columbus’ historic Linden neighborhood. Last year, the Nationwide Foundation committed $2 million to Nationwide Children’s Healthy Neighborhoods, Health Families initiative to create single-family affordable housing units in Linden.

Infectious Disease Fellowship
Patients with infections have better outcomes if managed by an Infectious Disease subspecialist. The 2022 Innovation Fund support will endow an Infectious Disease Host Defense program.

New Endowed Chair in the Center for Clinical and Translational Research
Another significant focus of funding for the new $10 million gift will support the creation of the Nationwide Foundation Endowed Chair for Clinical and Translational Research. The chair will be awarded to John David Spencer, MD, Chief of the Division of Nephrology and Hypertension and Principal Investigator in the Center for Clinical and Translational Research. With the creation of the chair, Nationwide Children’s role as a leader in this area will grow and help ensure no child has to leave central Ohio for world-class care.

“The Nationwide Foundation is proud to be able to make a difference by partnering with Nationwide Children’s Hospital on solutions for our community and on critically important research that makes an impact and improves the welfare of children and their families,” said Nationwide CEO and Nationwide Foundation Chairman Kirt Walker.

The Nationwide Foundation established the Pediatric Innovation Fund in 2014 to target strategic investments in pediatric and community health and to accelerate the most promising research and clinical discoveries at Nationwide Children’s. So far, the foundation has contributed $90 million to the fund, including the 2022 gift. With the Nationwide Foundation’s initial $50 million donation in 2006, its contributions have now reached $140 million. In addition, Nationwide’s sports marketing programs, including the Nationwide Children’s Hospital Championship, have raised more than $50 million since 2011 to support hospital programs.

“Creating the Pediatric Innovation Fund has allowed us to make meaningful contributions in the lives of children and their families not only locally, but worldwide,” Walker said. “The research discoveries and innovations happening at Nationwide Children’s Hospital are shared with pediatric hospitals across the country and around the world to help children everywhere.”

About Nationwide Children’s Hospital
Named to the Top 10 Honor Roll on U.S. News & World Report’s 2020-21 list of “Best Children’s Hospitals,” Nationwide Children’s Hospital is one of America’s largest not-for-profit freestanding pediatric health care systems providing wellness, preventive, diagnostic, treatment and rehabilitative care for infants, children and adolescents, as well as adult patients with congenital disease.

Nationwide Children’s has a staff of more than 13,000 providing state-of-the-art pediatric care during more than 1.6 million patient visits annually. As home to the Department of Pediatrics of The Ohio State University College of Medicine, Nationwide Children’s physicians train the next generation of pediatricians and pediatric specialists. The Abigail Wexner Research Institute at Nationwide Children’s Hospital is one of the Top 10 National Institutes of Health-funded freestanding pediatric research facilities. More information is available at NationwideChildrens.org.

About The Nationwide Foundation
The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $550 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work.

What he won’t have to worry about are trips to the hospital for additional surgeries, or radiation treatment to fight a rare brain cancer that nearly cut short his life when he was just a toddler. 

Thanks to advanced genomic research and treatment available at Nationwide Children’s Hospital in Columbus, the 9-year-old is now entering his fourth year of cancer-free living. It’s seemingly a miracle given the rare and aggressive form of brain cancer he faced.  

“I am forever grateful for the care we have received, and Carter is thriving today,” said Liz Daggett, Carter’s mother. “I am hopeful that with additional research in 10, 20, 30 years we can live in a cancer-free world, and no one has to go through what Carter went through.” 

The promise genomic medicine holds for children like Carter led, in part, to a significant gift to the hospital this year. The Nationwide Foundation announced a gift of $10 million to the Pediatric Innovation Fund. Nationwide Children’s Steve and Cindy Rasmussen Institute for Genomic Medicine (IGM) has been a part of each year’s gift from the Nationwide Foundation since the institute’s inception in 2016.   

“Genomic medicine has the potential to transform the lives of children with critical illnesses and offers hope for improved diagnostic and clinical strategies,” said Tim Robinson, chief executive officer, Nationwide Children’s Hospital. “The tremendous support, generosity, and partnership from Nationwide and the Nationwide Foundation plays a critical role in advancing the field and our ability to provide the best options possible to our children and families.” 

Microscopic size, enormous impact 
The human genome, or gene sequence, is a person’s DNA. Essentially an instruction manual for the body, genes are microscopic in size, yet their impact cannot be overstated.  

A person’s genome contains an estimated 30,000 genes and is present in every cell of the body. The genome determines how each cell operates, whether it combines with others to form the heart or becomes bone or cartilage. Genome instructions also determine traits like eye color, hair color and height. But just like a typo can make instructions unclear, a gene mutation can create confusion in a cell, leading to serious illness.  

When Carter was just a year old, physicians discovered he had a rare, cancerous brain tumor. They treated it with surgery and proton radiation therapy, but a few years later another tumor emerged. His physicians wanted to learn why, so they turned to IGM.  

Recognizing the potential for genomic medicine, Nationwide Children’s established its institute to expand the availability of clinical genetic and genomic testing. Genomic medicine has been found to help diagnose conditions earlier, better predict patient outcomes and personalize treatment. Since 2018, the institute has studied more than 400 patients with cancer and achieved a medically meaningful result that influences the patient’s diagnosis, treatment or decisions for 95%. 

After mapping Carter’s entire genome, researchers discovered a gene mutation that caused his body to create a meningeal sarcoma, an especially rare and aggressive cancer. It was just the breakthrough needed – knowing the exact mutation helped Carter’s care team arrive at the best effective treatment for him. 

Discoveries impact patients around the world 
The potential for genomic and other advanced research that takes place at the hospital is why the Nationwide Foundation established the Pediatric Innovation Fund, said Nationwide CEO and Nationwide Foundation Chairman Kirt Walker.

“Creating the Pediatric Innovation Fund has allowed us to make meaningful contributions in the lives of children and their families in our community and beyond,” Walker said. “The research discoveries and innovations happening at Nationwide Children’s are shared with pediatric hospitals across the country and around the world to help children everywhere, and we are grateful for the opportunity to play a small role in such a worthy cause.” 

Since 2014, the Pediatric Innovation Fund has supported the hospital’s research efforts with annual gifts of $10 million that fund research in genomics, heart health, neonatology, injury prevention, behavioral health and others. Combined with a transformational $50 million contribution in 2006, the foundation’s total giving to the hospital is $140 million.  

Read more about the genomics program and more inspiring patient impact stories. 

“The two main things that matter to workers in 2022 are competitive wages and flexibility. We’re proud that Nationwide leads on both fronts," said Nationwide Chief Executive Officer Kirt Walker. "Our number one priority is our people. Investing in competitive wages and comprehensive benefits is vital to delivering on our strategy. This is the right thing to do for our people and our business.”

Combined with an innovative, flexible work model in which most employees can work remotely or in a hybrid schedule, and a strong culture, Nationwide is committed to making the company a great place to work and a destination for top talent as it strives to protect people, businesses and futures with extraordinary care.

Nationwide has been a leader on competitive compensation dating back several years, steadily raising its minimum pay ahead of the market to meet business needs by attracting the best talent. Minimum pay increases in the past included:

• 2016: Implemented minimum pay of $15
• 2018: Raised minimum pay to $16
• 2021: Raised minimum pay to $18
• 2022: Raising minimum pay to $21

Nationwide offers comprehensive benefits and makes enhancements in response to associate feedback and competitive data. This includes competitive compensation and benefits at all levels, a 401(k)-company match of 50% on the first 8% of personal contributions, and a pension plan. The company also offers robust development opportunities, workplace flexibility options, free downtown parking, educational assistance, free counseling sessions and extra back-up childcare and eldercare days – all making Nationwide an attractive career destination for the best talent.

In 2020, the company announced a 5-year Future of Work program, investing $160M to upskill and reskill associates to train workers on digital skills and key business capabilities. Under the initiative, associates are encouraged to complete at least 8 hours of professional development annually.

Through Nationwide’s Maternity Assistance Program, associates are assigned a professional nurse who can provide guidance through each trimester of pregnancy as well as post-pregnancy support. Additionally, for nursing mothers who travel, we provide an overnight delivery service for nursing mothers.

The company recently added two weeks to the paternity, maternity and adoption leave benefit, bringing it to up to 14 weeks of paid time off for new moms and 30 days of bonding time for fathers, domestic partners and adoptive parents.

“We take pride in being recognized as a destination for top talent and a great place to work," said Vinita Clements, Executive Vice President of Human Resources. "Competitive wages, workplace flexibility, an award-winning culture and an unwavering commitment to diversity, equity and inclusion are all attributes that make job candidates take notice and position us as a leader in markets where we compete for talent.”

Nationwide employs approximately 25,000 associates across the country, with four major campus locations in Columbus, Ohio, where the state minimum wage is $9.30; Des Moines, Iowa, where the state minimum wage is $7.25; San Antonio, Texas, where the state minimum wage is $7.25 and Scottsdale, Arizona, where the state minimum wage is $12.80.*

The company currently has nearly 1,200 open roles across the country, the majority of which are eligible for flexible/remote work. The company has a specific need for underwriting, customer service, finance and entry-level technology workers. 

To view open positions, visit www.nationwide.com/careers.

* Source:  Minimumwage.com

For more information about the wide variety of career opportunities at Nationwide, visit the careers page today.

Kirt Walker, Chief Executive Officer
After a devastating tornado on June 28, 1979 ripped through my hometown in Iowa, I learned why insurance was so critical to help families get back on their feet. When the Allied claims people were the first at the scene, it stuck in my mind that I wanted to help people. If you love helping people, I can’t think of a better way to do that every single day of your life than to work in insurance.

Mark Berven, President and COO, Nationwide Property & Casualty 
I’ve worked in the insurance industry for almost my entire career, so I may be a little biased about this. But working in insurance has appeals beyond the typical job-related perks, like a competitive salary and good benefits. In the insurance industry, we’re given the opportunity to help people every day. Whether it’s responding with humanitarian relief in the aftermath of a hurricane, providing the resources to restore people’s lives to the way they were before something happened, or simply making sure someone has reliable transportation while their vehicle is being repaired after an accident, it’s our job to be there. And that feels pretty good.

Gary Douglas, President, Nationwide National Partners 
My younger self wasn’t considering a career in insurance, but I’m glad I had educators and mentors who recognized how my skills could fit into an industry with such a great diversity of opportunities and career paths. I’m thankful to those who helped me build my future and I’m committed to paying my debt forward by helping to build the future of others. No matter your career goals, you can find success and enrichment here. 

Tony Fenton, Vice President, Nationwide Commercial Lines Underwriting & Product Development & Delivery 
I feel incredibly honored to work in an industry and for a company that is here to protect others when it matters most. Commercial Lines insurance is a dynamic industry filled with innovation and technology that’s rooted in relationships – all the best aspects of a fulfilling career. 

Brad Liggett, President, Nationwide Agribusiness 
Growing up on our family farm, insurance was a foreign word to me, and I certainly never thought I would find myself in the insurance industry for 35 years. But I’ve truly been blessed with two of the most noble professions out there as agriculture helps clothe, feed, and fuel the world and insurance helps protect all those things. To current ag students I would say don’t be surprised when you hear the passion of ag professionals whose path led them unexpectedly — and sometimes on purpose — to the insurance industry. 

Beth Riczko, President, Nationwide Personal Lines 
Math nerd finds a way to make a difference! I stumbled into my insurance career after graduation, a degree in physics and math was a natural fit for actuarial science. What I didn’t know was how fantastic it is to be part of an industry that truly cares about people. I get to be part of something bigger than me, something to be proud of — an industry that helps people recover and rebuild after a loss. The stories we hear from our customers, the stories that make you cry when you realize how we make a difference, that’s what makes this industry special and a career in it so rewarding.

Jeff Rommel, Senior Vice President, Personal Lines Sales & Distribution 
I am so fortunate to have found my insurance career right after graduating from Iowa State University (Go Cyclones!). Over the decades, I’ve had an opportunity to work in multiple areas including Sales, Service, Claims and more. Each has taught me something new while reinforcing a very important lesson… people are at the heart of everything we do! Whether those people are our members, our distribution partners, our communities, or our employees, we exist to serve and protect their futures. 

In response, Nationwide adjusters are connecting with policyholders both remotely and in-person where allowed by local officials.

At the same time, the Nationwide Foundation made a $250,000 donation to the American Red Cross Disaster Relief Fund to support assistance for those affected by the storms.

"The video of the destruction is unimaginable," said Nationwide CEO Kirt Walker. “It’s clear that many communities will need a tremendous amount of help to recover and rebuild. We are already on the ground to help our customers affected by the storms, and the Foundation’s gift to the Red Cross will provide direct relief to those who most urgently need it.”

Gifts to American Red Cross Disaster Relief enable the organization to prepare for, respond to and help people recover from disasters big and small by providing food, shelter, emotional support, clean-up kits and other assistance for those in need. People interested in donating to the Red Cross may donate online at www.redcross.org or call 1-800 RED CROSS (1-800-733-2767).

About The Nationwide Foundation
The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $550 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work.

“As always, we continue to lead with our values,” said Nationwide CEO Kirt Walker in a companywide email. “At Nationwide, we will provide the option for associates to either be vaccinated or tested regularly and wear a face covering. For those who are not vaccinated, we will cover the cost of testing for the near future. We’ll continue to assess the environment and share updates regarding testing coverage.”

The company will continue to prepare its policies in event the mandate remains effective but will adjust pending the outcome of the legal challenges being reviewed by the courts.

Vaccination rates among Nationwide employees already far exceeds community levels and the company has successfully prevented a workplace outbreak through stringent enforcement of prevention policies that include:

• Masks on the move
• Social distancing
• Allowing no more than 50 percent of its workforce in facilities at any given time

In April 2020, the Fortune 100 company announced a decision to move to a hybrid work model, with up to 50 percent of its associates across the company permanently working remotely moving forward, based on business needs.

Representatives from the city of Columbus, community members and project partners gathered on Sept. 27, 2021, for the grand opening of the Linden All People’s Fresh Market. Located at 1464 Cleveland Avenue, the market is the culmination of an effort to transform the former Eagle Market carryout into a community hub for the city’s Linden neighborhood.

“A little more than a year ago, the city and like-minded community partners announced plans for the Linden Fresh Market, and we are proud to announce the opening of this neighborhood site of good will,” said Columbus Mayor Andrew Ginther.

Located northeast of downtown Columbus, the Linden neighborhood is a historic district that has suffered disinvestment, elevated infant mortality rates and barriers to health care, employment and transportation. According to the One Linden plan, a 2017 study of the neighborhood commissioned by the city, the roughly six-square-mile area had no full-service grocery store, which limited healthy food options for residents reliant on public transportation.

Ginther and the city announced plans for the project in July 2020 after collaborating with Linden neighborhood advocates and leaders, as well as community stakeholders and partners. Partners include Nationwide Children’s Hospital, the Charitable Pharmacy of Central Ohio, Community Development for All People (CD4AP) and Nationwide.

“Access to healthy food is critical for families to thrive, and we are excited to help improve this access for the Linden neighborhood,” said Rev. John Edgar, executive director, Community Development for All People. “Many Linden residents already shop at our All People’s Fresh Market on the South Side. Bringing the same quality food closer to home will ensure that the new market will help many people eat better foods and live healthier lives.”

Run by CD4AP, the Charitable Pharmacy of Central Ohio and Nationwide Children’s Hospital, the Fresh Market is built to be a community hub that provides free fresh food and pharmacy services.

“Nationwide Children’s has been a proud member of the Linden community for more than 25 years through our primary care center and school-based programs,” said Tim Robinson, CEO, Nationwide Children’s Hospital. “But we know that health is about more than medical care. The Fresh Market and Charitable Pharmacy are natural next steps for us and our partners to make a different kind of impact, guided by the One Linden Plan and our conversations with the Linden community. We want every child and every family to succeed. When the Linden neighborhood thrives, we all thrive.”

Funding for the market is coming from Nationwide, which has committed a total investment of $1 million to CD4AP for use in the South Linden community, including $450,000 for the market, $75,000 of which is being used for the acquisition and installation of a walk-in cooler and associated equipment. Nationwide will provide the remaining balance over the market’s first five years at $75,000 annually to cover 50 percent of the market’s projected annual operating costs.

“We are excited to partner in what we believe will be a transformative community resource that will make a difference in the day-to-day lives of many Linden families and residents,” said Nationwide CEO Kirt Walker. “We’re committed to enriching the communities where our employees live and work. This is especially important to us because it’s in our hometown, and it brings to life our belief that all people should have access to meeting basic needs.”

Learn more about Nationwide's commitment to advancing food security in its Corporate Social Responsibility report.

Related News Stories

• WOSU: Linden Residents Welcome Free Market And Pharmacy
• Columbus Dispatch: Charitable pharmacy and fresh food market opens in South Linden
• Ohio News Time: New fresh market, charity pharmacy opens in Linden
• WBNS 10TV: New fresh market, charitable pharmacy opens in Linden neighborhood
• FOX 28 Columbus: Free fresh market and pharmacy open in Linden, providing healthy food options, medications
• WCMH NBC4: New market offering free fresh food for those in need officially opens in Linden
• Columbus Business First: Why Nationwide helped fund the new Linden free fresh market and charitable pharmacy

"Part of protecting people, businesses and futures with extraordinary care is giving to our community partners who are on the front lines responding after storms like Ida," said Nationwide CEO Kirt Walker. "While our claims teams stand ready to meet the needs of our customers, the American Red Cross Disaster Relief fund helps provide for the most basic of needs in the wake of hurricanes, wildfires and other disasters."

Gifts to American Red Cross Disaster Relief enable the organization to prepare for, respond to and help people recover from disasters big and small by providing food, shelter, emotional support, clean-up kits and other assistance for those in need. People interested in donating to the Red Cross may donate online at www.redcross.org or call 1-800 RED CROSS (1-800-733-2767)

About The Nationwide Foundation
The Nationwide Foundation is a nonprofit, private foundation to which Nationwide companies are the donors. Founded in 1959, the Nationwide Foundation has contributed more than $550 million since 2000 to help nonprofit organizations in communities where Nationwide associates and their families live and work.

Your clients are busy. They care about their businesses, families, homes, pets, and more, yet they don’t always have time to learn all the ways to protect themselves. They look to their insurance companies, agents, financial professionals, and advisors to help with those answers. 

Because every situation is different, we know our partners rely on us to provide solutions for a broad range of customers’ changing needs: 

• As people's driving habits shift, we recognize a traditional auto insurance policy may no longer be the best option for certain drivers. 
• Distracted driving continues to affect everyone on the roads today; we can offer new ways to identify and resolve harmful habits. 
• With continued growth in pet owning households, more pet owners are looking for easier ways to fill their pet prescriptions.
• As people work to secure their golden years, they seek new answers to the evolving world of retirement planning and personal finance.
• Business owners need carriers and agents who know the ins and outs of their industry and the unique challenges they face. A farmer doesn't have the same needs as a baker. 
• And, when things don’t go as planned, who can offer superior technology to help customers get back on their feet as soon as possible? 

Very few companies are positioned to address these emerging needs with a focus on the customer and an eye on innovation. At Nationwide, addressing shifts like these is in our DNA. We have nearly a century's worth of experience inventing insurance and financial solutions.

As the speed of change accelerates, our efforts to meet the needs of our partners and end customers are revving up, also.

In just the last 12 months, we’ve redesigned solutions to meet the ever-changing needs of our customers. A few examples include:

• SmartMiles, which can ensure that customers are paying for miles they drive and the SmartRide app, which can give them instant feedback on their driving habits to make our roads safer.  
• Retirement Solutions like L.inc+, a series of living benefit annuity riders, and Indexed Principal Protection help prepare our clients for retirement.  
• A recent partnership with Walmart allows pet parents to digitally fill prescriptions at Walmart stores with claims handled automatically and instantaneously, saving time and money.
• Specialized training for our agent partners to equip them with the latest information to protect business owners. 
• Finally, our commitment to 100% Claims Confidence means we are using superior technology to make the claims experience effortless, personal, and reassuring. 

And we have so much more that we're working on. As the pace of change continues to accelerate, we're committed to not just staying ahead of the curve, but re-imagining protection solutions so that your busy clients can have confidence knowing that Nationwide is on your side.

For more information about Nationwide products and solutions, visit www.nationwide.com.

Products underwritten by Nationwide Mutual Insurance Company and affiliated companies. Financial products issued by Nationwide Life Insurance Company. The general distributor for variable products is Nationwide Investment Services Corporation member FINRA, Columbus Ohio. Products may not be available in all states.

NFW-10185AO

Left: Avery age 3. Right: Avery age 7.

You’d never know from watching her play, but little Avery Neely has already been declared a medical pioneer at just seven years old.

Born with a life-threatening congenital heart disease called hypoplastic left heart syndrome that causes the left ventricle to be underdeveloped, Neely was just two days old when her doctors transferred her to Nationwide Children’s Hospital in Columbus, Ohio, to undergo a clinical trial and the first of a series of complicated surgeries to redirect the blood flow through her heart. For her final surgery she enrolled in a clinical trial considered a major medical milestone for pediatric congenital heart patients, whereby doctors performed the Fontan procedure using a tissue-engineered vascular graft, making Neely one of the first children to have the repair done with vessels made from her own cells.

Nationwide Children’s Hospital has been able to help Neely and thousands of other children from across Ohio and the United States thanks to cutting-edge research and clinical testing in regenerative medicine, genomics, perinatal research, mental health and many other areas, annually providing more than 1.6 million patient visits.

“Each year, Nationwide Children’s provides more than 1.6 million patient visits to children from all 50 states and more than 50 countries worldwide,” said Tim Robinson, Chief Executive Officer, Nationwide Children’s Hospital. “Tremendous support, generosity and partnership from Nationwide and the Nationwide Foundation has helped firmly position ourselves as a community treasure and in the top tier of pediatric institutions internationally.”

Established in 2014 to accelerate research and clinical discoveries, The Nationwide Foundation Pediatric Innovation Fund supports research efforts in genomics, heart health, neonatology, injury prevention and behavioral health. Combined with an initial $50 million contribution to the hospital in 2006, and the foundation’s $10 million annual donations to the fund since 2014, total giving to the hospital is $130 million.

With support from the Pediatric Innovation Fund, Nationwide Children’s Hospital has undergone significant expansions in its research and clinical programs since 2014. These include:

• Establishment of the Steve and Cindy Rasmussen Institute for Genomic Medicine (IGM). Launched in 2016, the IGM is focused on expanding the availability of clinical genetic and genomic testing. This helps providers diagnose conditions earlier, better predict patient outcomes, and personalize treatment. The institute and its doctors and clinicians have ensured over 250 families received clinical genomics testing, providing diagnostic answers in several cases for children with complex and previously undiagnosed conditions.
• The creation of 14 Endowed Research Chairs, including in 2021 the Nationwide Foundation Endowed Chair in Pediatric Transplantation.
• Perinatal research with a focus on the prevention of preterm birth and complications of prematurity including infection, asthma, feeding disorders and neuro-developmental delays, among others. In 2021, funding will help enable the expansion of the program and team.
• On Our Sleeves^®, a mental health and awareness program devoted to improving pediatric mental health. To help break child mental health stigmas, its mission is focused on providing every family in America with access to free, evidenced-based educational resources.
• Support for behavioral health research and the recruitment of nationally known behavioral health researchers focused on mood and anxiety disorders and attention deficit hyperactivity disorder.

The Pediatric Innovation Fund has also helped the hospital expand its community health and economic development initiative, Healthy Neighborhoods, Healthy Families (HNHF), from the south side of Columbus to the city’s Linden neighborhood. The HNHF initiative’s goals are aligned with the One Linden plan developed by city an Linden community leaders and is focused on combatting neighborhood disinvestment and reducing barriers to affordable housing, health care, employment and education. Part of this year’s Innovation Fund gift will help with the creation of single-family affordable housing units in Linden.

“Nationwide’s generosity has enabled us to help so many families, in so many ways,” said Robinson. “The Steve and Cindy Rasmussen Institute for Genomic Medicine helps shape the future of the discipline with their breakthroughs. The Center for Injury Research and Policy regularly appears before legislative bodies to help shape law changes to make children safer. The Center for Perinatal Research, collaborating with Neonatology, provides breakthroughs to more than 3,000 babies a year in one of the largest neonatal centers in the nation. These are just three examples of the many ways that Nationwide has helped improve countless lives.”

Nationwide CEO and Nationwide Foundation Chairman Kirt Walker says the two organizations are committed to an ongoing partnership with the hospital to change the future of medicine for people around the world in the years to come.

“When we work together, we can accomplish truly amazing things,” Walker said. “The Nationwide Foundation is proud to be able to make a difference by partnering with Nationwide Children’s Hospital on solutions for our community and on critically important research that makes an impact and improves the welfare of children and their families.”

For Avery Neely and her family, the research and pioneering clinical procedures available at Nationwide Children’s has been life changing.

“Participating in research means hope. Not just for our family, but for those that follow us,” said Neely’s mother, JoAnne Neely. “We know that research is essential, and we are fortunate to have such an amazing facility right here in Columbus that has a vision of always searching for a better way to help children.”