Montana State Fund names new president and CEO

HELENA — The Montana State Fund announced Holly O’Dell as the new president and CEO of the workers’ compensation insurance company.

O’Dell will be the fourth president and CEO, and the first woman to hold the position, in the history of the current Montana State Fund.

“Holly is an extremely well-qualified, well-accredited and highly recommended selection to lead the Montana State Fund into the future,” said MSF Board Chairman Richard Miltenberger. “On behalf of the board, we couldn’t be more thrilled to welcome Holly to Montana.”

O’Dell comes to MSF from the SAIF Corporation of Oregon, a partner state fund, where she has spent the past 17 years. She earned a bachelor’s degree in nursing from Oregon University of Health Sciences, where she earned her registered nursing degree and spent five years working with low-income women in the nursing unit. women in the Marion County Health Department, working full-time while in law school. In 2006, Holly graduated from Lewis and Clark College School of Law with a Juris Doctorate.

“I recognize the value and commitment to injured workers and our policyholders and am deeply committed to the level of excellence that MSF prides itself on,” said O’Dell. “I look forward to building on the legacy and successes achieved by the current management team and staff and look forward to continuing efforts to make Montana a safer and healthier place to live, work. and do business.”

Outgoing Chairman and CEO Laurence Hubbard announced his retirement in January after nearly 33 years with the company, including 19 years as CEO. The MSF board then launched a nationwide search led by a national research firm and conducted by an independent human resources consultant. More than 100 candidates applied for the position.

“In the extensive search for the next CEO, the Board has found a very accomplished leader. I congratulate Holly on her selection and look forward to working with her in the weeks and months to come to ensure a smooth transition for our staff, our policyholders and injured workers,” Hubbard said.

Once O’Dell finishes her work in Oregon in May, she will join the MSF team in Helena.

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