Erie Insurance CEO Tim NeCastro to Retire After 10 Years at Helm
Erie Indemnity Company announced on February 20, 2026, that president and CEO Tim NeCastro will retire on December 31, 2026, concluding a 30-year career with the company and a decade in the top role. The departure is a formal leadership transition at erie insurance that sets an immediate board search for a successor while keeping NeCastro in place through year-end to preserve continuity.
Erie Insurance leadership transition
the board will launch an immediate search for NeCastro’s successor. NeCastro will remain as president and CEO through December 31, 2026, to oversee operations and support the handoff. After his retirement as CEO, he will take on a new role as president of the Erie Insurance Foundation, indicating an ongoing connection to the organization and its community initiatives.
NeCastro’s tenure and company scale
NeCastro has led the organization since 2016. Under his leadership, the insurer grew to nearly $13 billion in premiums and more than 7 million policies in force while maintaining strong financial results and a service-first culture. Those metrics underscore the size of the business he will leave to his successor and frame the stakes of the transition for agents, employees and policyholders.
Timing, continuity and immediate actions
The announcement on February 20, 2026, set a firm retirement date of December 31, 2026, and signaled that the board intends to move promptly on succession. Keeping the CEO in place until year-end is designed to provide continuity through the search and any interim planning. The timeline for selecting and naming a successor was not publicly confirmed at the time of the announcement.
Forward look: what to watch next
Near-term indicators to watch include the board’s search progress and any statements about an interim or permanent successor. If the search proceeds on the board’s stated immediate timetable, a named successor and transition plan are likely to follow before or soon after the end-of-year retirement. The company’s stated scale in premiums and policies in force means leadership continuity will be a focal point for stakeholders during the remainder of 2026.
