Albany, NY – The New York State Insurance Fund Board of Commissioners unanimously elected Kenneth R. Theobalds as NYSIF Chairman at the board’s regular monthly meeting on January 22, 2014.
Chairman Theobalds, vice president of Government & Regulatory Affairs for Entergy, has been a member of the NYSIF Board of Commissioners since 2008. He has served as NYSIF presiding chairman since May 2013, and is a former deputy executive director of the State Insurance Fund.
“It is a privilege to serve,” he said. “I thank Governor Andrew M. Cuomo and my fellow commissioners for the support and trust they have placed in me. I have a deep and abiding respect for the work and employees of the State Insurance Fund and this board. I look forward to serving with my fellow commissioners and working with NYSIF staff, and the policyholders and injured workers that we serve.”
Mr. Theobalds acknowledged the contributions of two late board members, Acting Chairman and Vice Chairman H. Sidney Holmes, III, and former Chairman Robert H. Hurlbut, who both passed away in 2013.
“I stand on their shoulders,” he said. “I have learned so much from both of them, and will build on their legacy by working hard to continue to bring efficiency and innovation to the State Fund for the benefit of our policyholders and claimants.”
Mr. Theobalds has over 20 years’ experience in New York public affairs and has direct responsibility for Entergy’s regulatory, state and local government relations in New York, Massachusetts, Vermont and Michigan. A former congressional staffer and assistant secretary to former New York Governor Mario M. Cuomo, Mr. Theobalds serves on the board of directors of the Business Council of New York State, and the executive committee of the Business Council of Westchester and the Westchester County Association. He is past chairman of the African American Chamber of Commerce of Westchester and Rockland, Inc.
His accomplishments have been recognized by numerous organizations including the New York Urban League, the American Red Cross, the NAACP, the Westchester County Board of Legislators and the Hispanic Chamber of Commerce of Westchester.
His professional associations include the New York Building Congress, the League of Conservation Voters and the Partnership for New York City.
He is a graduate of Cornell University and the Entergy Executive Program.