Today, with the greatest sense of professional pride I’ve ever had, I announce that I’ve come home to where I belong and where I will finish my career. I’ve been in benefits full-time for 22 years (32 years if you add part-time work after high school, during college, and in law school). Since 2002, I forged unimaginably rewarding and life-changing bonds with clients, teammates, and vendor partners.
Unfortunately,
also during that time, the underlying businesses housing my team’s efforts were
sold. Each time, this corporate
shuffling resulted in a larger, more bureaucratic, and an entity less aligned
with our values. Liberty Benefit sold to
BB&T, which then merged with Sun Trust to form Truist and rebrand and
reshape their hundreds of insurance agencies as McGriff.
Culturally,
philosophically, and at the deepest levels of intrinsic motivation, these
entities became further and further removed from my mission and purpose:
To provide businesses with the most cost-effective, innovative,
and high-quality employee benefit plans while simultaneously helping them
manage their risk and compliance and treating every dollar as though it is the
last an employee can afford to pay for care.
I wrote that
in 2004, and it has been my North Star ever since. Regrettably, often the larger an organization
grows, the further it removes itself from such a mission. Stock prices, shareholder demands, quarterly
growth, EBITA, and a pursuit of new sales at all costs are not conducive to
making sure each client continues to receive exactly what it needs – even if
they were last year’s sale.
So, after
watching changes that did not align with my business values take over and then
seeing private equity swoop in, 2023 became a year of endless introspection,
prayer, and discussion with my wife. Something had to change.
With a heart full of pride, energy, and vigor, I announce today that I am the newest member of the Mahoney Group, a privately held and employee-owned organization with no interest in Wall Street’s stock prices or private equity. As I restart my career at 50 years old, I am now brimming with joy.
I used to
think I wanted to retire between 50 and 55.
Now, I chuckle at that assessment. The kids are grown and on their own. My youthful exuberance to hunt, fish, bike,
and backpack is still there, but only as a hobby—not an all-consuming addiction.
No. I know
where I can make the biggest impact, and that is by providing businesses with
the most cost-effective, innovative, and high-quality employee benefit plans
while simultaneously helping them manage their risk and compliance and treating
every dollar as though it is the last one an employee can afford to pay for
care.
In so doing,
my new teammates at the Mahoney Group and I will fight doggedly to ensure you
are not being taken advantage of by a deeply flawed healthcare delivery
system.
On we
march!
Craig
Gottwals
