The board of directors of American Family Insurance Mutual Holding Company have elected Cory Nettles to its board.
Nettles, founder and managing director of Generation Growth Capital, will join the board on Jan. 1, 2024.
“A strong board of directors with broad and diverse experience and backgrounds is essential to fulfilling our purpose as a mutual company,” said Bill Westrate, chair-elect of the board and American Family chief executive officer. “Cory Nettles brings a unique perspective and expertise that will make our board, and our organization, even stronger as we create and execute strategy that serves our policyholders.”
Nettles founded Generation Growth Capital, a private equity firm focused on providing capital to small businesses and lower-middle market companies in the upper Midwest. Nettles has a successful track record as a private equity investor, and his firm also focuses on having positive impacts on families, small businesses, and communities.
Nettles also brings extensive board experience. He has led the boards of multiple companies, and he’s currently a member of three public company boards: Associated Bank, a Midwest-based bank, Weyco Group, a consumer footwear company, and Baird Mutual Funds Inc., a mutual fund complex.
Nettles holds a bachelor’s degree from Lawrence University and a JD from the University of Wisconsin-Madison.
Enterprise President Telisa Yancy was appointed to the board earlier this year. Chief Executive Officer and Chair-elect Bill Westrate will become chair of the board on Jan. 1, 2024, succeeding his predecessor, Jack Salzwedel.
