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Liberty Financial Begins Search for New CEO

Liberty Financial of Boston has started the search for a new president and CEO to replace Kenneth R. Leibler, who resigned as the company's CEO and president earlier this month, according to L. Harrison Thayer, a company spokesperson.

Leibler's position will be filled temporarily by Gary L. Countryman, chairman and former CEO of the Liberty Mutual Group, Liberty Financial's parent company.

Leibler resigned to pursue other opportunities, according to Liberty Financial. Thayer declined comment on when a successor or possible candidates for the position would be named.

Leibler has been Liberty Financial's president since 1990 and was named CEO Jan. 1, 1995.