Securian Financial Group

Mutual insurer run through a centralized enterprise leadership model

Financials · Fortune #464 · Hybrid structure · 6K employees · St. Paul, Minnesota

5
CEO span
↓ tighter than peers (avg 9)
2.8
Avg span
moderate
2
Max depth
2 levels
6.5 yr
Avg tenure
60%
Internal hires
↑ above industry avg

Interactive org chart

Securian Financial Group organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Securian Financial Group operates as a centralized mutual insurer, with all major functions reporting directly to CEO Chris Hilger. This page maps the enterprise leadership structure, highlights executive tenure and span of control, and compares Securian’s model with peer life insurers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Andrew W. McCullough joined as Executive Vice President and Chief Financial Officer

Appointed CFO effective January 2022.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to centralize data science and automation strategy across insurance operations.
  • Add Business Line Presidents Create separate presidents for Life, Health, and Retirement segments to decentralize P&L ownership.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Christopher M. Hilger

Chairman, President and Chief Executive Officer

Executive

7 yr

5 reports

Steve Ritchie

Executive Vice President and Chief Information Officer

Technology

5 yr

0 reports

Andrew W. McCullough

Executive Vice President and Chief Financial Officer

Finance

4 yr

0 reports

internal

Pete Armitage

Executive Vice President and Chief Distribution Officer

Sales & Marketing

9 yr

0 reports

internal

Amy Friedrich

Executive Vice President and Chief Human Resources Officer

Human Resources

6 yr

0 reports

internal

Michael J. Klohs

Executive Vice President, General Counsel and Secretary

Legal

8 yr

0 reports

The businesses

How Securian Financial Group divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Finance

400 employees

EVP & CFO (Andrew W. McCullough)

Oversees capital management, financial reporting, and enterprise planning.

Technology & Information Services

900 employees

EVP & CIO (Steve Ritchie)

Runs core insurance platforms, cybersecurity, and digital transformation.

Distribution

1K employees

EVP & Chief Distribution Officer (Pete Armitage)

Manages advisor, institutional, and partner distribution channels.

The thesis

Why this org is unusual

Securian Financial Group is distinctive for running a large mutual insurance enterprise through a centralized enterprise leadership model rather than semi-autonomous business-unit CEOs.

All major functional leaders—including finance, technology, HR, legal, and distribution—report directly to the CEO, reinforcing enterprise-wide coordination. This structure emphasizes risk management, capital stewardship, and brand consistency across life, health, and retirement offerings. The absence of separate segment CEOs highlights Securian’s preference for functional depth over divisional autonomy.
  • No standalone business-unit CEOs
  • Strong functional concentration at the top

The comparison

How Securian Financial Group stacks up

Compared with peer life insurers such as Thrivent, Northwestern Mutual, and New York Life, Securian’s structure is more centralized and enterprise-driven. Many mutual peers operate with stronger product-line or member-segment presidents. Securian instead concentrates authority at the enterprise level, with functional …

C-suite size

Securian Financial Group
6
Thrivent
8
New York Life
10
Principal Financial Group
9

Reporting depth

Securian Financial Group
2 levels
Thrivent
4 levels
New York Life
5 levels
Principal Financial Group
5 levels

Avg C-suite tenure

Securian Financial Group
7 yr
Thrivent
7 yr
New York Life
9 yr
Principal Financial Group
6 yr

Has COO / Has CAIO

Securian Financial Group — no COO — no CAIO
Thrivent ✓ COO — no CAIO
Northwestern Mutual ✓ COO — no CAIO
New York Life ✓ COO — no CAIO
Principal Financial Group ✓ COO — no CAIO

Current signals

What changed recently

The most significant recent change was the appointment of Andrew McCullough as CFO, strengthening enterprise financial leadership.

  • Date not confirmed new
    Andrew W. McCullough Executive Vice President and Chief Financial Officer

    Appointed CFO effective January 2022.

    Source

Frequently Asked Questions

Who is the CEO of Securian Financial Group?

Christopher M. Hilger has served as Chairman, President, and CEO since 2017.

What type of organizational structure does Securian Financial Group use?

Securian uses a centralized enterprise structure with functional leaders reporting directly to the CEO.

How many direct reports does Securian Financial Group's CEO have?

The CEO has five direct enterprise-level reports.

How has Securian Financial Group's leadership changed recently?

The most notable change was the appointment of Andrew McCullough as CFO in 2022.

Who reports directly to Securian Financial Group's CEO?

The CEO’s direct reports include the CFO, CIO, CHRO, General Counsel, and Chief Distribution Officer.

Sources

  • Company Newsroom, Jan 2022

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Securian Financial Group organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/securian-financial-group/
MLA 9th
"Securian Financial Group Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/securian-financial-group/. Accessed .
Chicago 17
Creately. "Securian Financial Group Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/securian-financial-group/.

Permanent URL: https://creately.com/org-chart/fortune-500/securian-financial-group/ · last updated 2026-04-01

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