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Michael Hydanus, senior vice president and chief information officer, was assigned additional responsibilities as the chief administrative officer of National Western Life.
In his new role as senior vice president and chief administrative officer, Mr Hydanus will be responsible for integrating enhanced system technology associated with the multi-million dollar project into the daily operational and administrative service processes of the company.
The five system projects are expected to be completed and operational in various phases within the next one to three years.
Brian Pribyl, previously senior vice president, chief financial and administrative officer, will relinquish his responsibilities as chief administrative officer to focus upon the company's financial reporting and regulatory requirements.
Ross Moody, president of National Western Life, said: "Mike's past experience in similar roles with other insurance companies and as a consultant to the insurance industry uniquely position him to lead us in this significant investment in upgrading our information technology and operational infrastructure.
"In the past five or six years, the additional requirements placed upon public companies by the Securities and Exchange Commission through Sarbanes-Oxley and the current financial crisis, along with evolving accounting standard changes, have made the CFO job more demanding and this shift in responsibilities will allow Brian to devote more of his time to these matters."
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