John Borgen promoted to president and CEO of Catholic Financial Life

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John Borgen has been promoted from his current role as president of Milwaukee-based Catholic Financial Life to president and CEO of the life insurance and fraternal organization.

Catholic Financial Life is one of the largest Catholic not-for-profit financial services organizations in the U.S.

Borgen’s promotion is the next step in a leadership transition that began Jan. 1, 2021, when the Catholic Financial board of directors named him president while Bill O’Toole remained CEO as part of a one-year transition.

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Borgen, 42, has held a series of ascending positions with increased responsibilities since joining Catholic Financial Life in 2009. He earned a master’s degree in business administration at Marquette University, a master’s degree in philanthropy at Indiana University and a bachelor’s degree in political science at St. John’s University. Borgen and his wife, Katie, reside in Richfield with their three sons.

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