Aldo C. Zucaro served as the CEO of Old Republic International Corporation for over two decades, leading the company during significant changes in the insurance sector. He stepped down in 2019 after more than 45 years with the organization, highlighting...
Aldo C. Zucaro served as the CEO of Old Republic International Corporation for over two decades, leading the company during significant changes in the insurance sector. He stepped down in 2019 after more than 45 years with the organization, highlighting a remarkable commitment to the company’s growth and stability. His strategy focused on aligning executive pay with company performance, maintaining a balance that rewarded employees while ensuring the firm’s success. In 2018, Zucaro earned total compensation of around $3.1 million, which included his salary, bonuses, and vested stock options. During his time, he fostered a culture of ownership, encouraging board members and executives to invest in Old Republic stock. This practice aimed to align leaders' interests with those of shareholders. Zucaro oversaw major operational shifts, including the successful transition of the CEO role to his successor, Craig Smiddy, which marked a pivotal point in the company's 95-year history. Even after stepping down, his influence and policies continued to shape the company’s strategies, indicating a lasting legacy in the company’s governance and performance culture.