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New Mexico Mutual Names New CEO

Company Vice President and CFO Kellie Mixon to Assume Top Spot in April

After a nationwide search, the Board of Directors of New Mexico Mutual has appointed Kellie Mixon as the company’s next chief executive officer. Mixon, who currently serves as vice president and CFO of the workers’ compensation insurer, will assume her new role after CEO Norm Becker retires at the end of March.

The Los Alamos native joined New Mexico Mutual as an accounting trainee and advanced to progressively more responsible positions during her 25-year tenure with the company. She is the first New Mexico Mutual team member to work her way up through the ranks to the company’s top position.

“The board was keenly aware of the challenge to replace an exemplary leader like Norm Becker,” said Board Chair Jay Czar. “We have absolute confidence in Kellie Mixon’s ability to ensure the company’s future growth and continued success; she is truly a respected and dynamic executive.”

Mixon has 28 years of experience in public and private accounting, including 25 years in the property and casualty insurance field. As CFO, she has been responsible for the company’s financial strategy and activities as well as its risk management, investment and treasury functions. She served as vice president of finance before assuming the CFO position.

 “I’m honored for the opportunity to lead this great company,” Kellie says. “As our industry keeps changing, I’ll be working to help New Mexico Mutual adapt and grow while maintaining the high level of service our agents and policyholders have come to expect.”

Mixon was recognized in 2019 as a Woman of Influence by Albuquerque Business First. A graduate of Leadership New Mexico, she also has the distinction of being the first woman to serve as New Mexico Mutual’s CEO.

In addition, she serves on the Board of Directors of United Way of Central New Mexico, helping to develop the agency’s vision and goals and to ensure the integrity of its financial operations.

She previously served as chair of the Finance and Investment Committee of the American Association of State Compensation Insurance Funds (AASCIF). This committee provides AASCIF members with educational resources and materials on finance and investment.

 Mixon holds a Bachelor of Accountancy degree from New Mexico State University.