DALLAS, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc.  (NASDAQ: HALL), a specialty property and casualty insurance company, today announced that on September 15, 2020, Jeff Passmore, Chief Financial Officer, submitted his resignation. Mr. Passmore will remain with the Company through October 9, 2020, to facilitate an orderly transition.

Naveen Anand, President & Chief Executive Officer, stated “On behalf of Hallmark, we want to thank Jeff for his contributions to the organization over the past 18 years, and we wish him well as he pursues a new opportunity.”

The Company has commenced a search for a new CFO. “We are taking this opportunity to conduct a formal search for a new CFO and to continue to expand the depth of our executive bench strength,” explains Mr. Anand.

In the Interim, Christopher Kenney, SVP and Chief Accounting Officer, will serve as the Company’s principal financial officer.

About Hallmark Financial

Hallmark Financial is a specialty property and casualty insurance company with a diversified portfolio of insurance products written on a national platform. With six insurance subsidiaries and offices in Dallas-Fort Worth, Atlanta, Chicago, and Jersey City, Hallmark Financial markets, underwrites and services commercial and personal insurance policies in select niche markets. Hallmark Financial is headquartered in Dallas, Texas and its common stock is listed on NASDAQ under the symbol "HALL".