Mike Kloos has been named president of VGM Insurance, Waterloo, Iowa, replacing Tom Jones, who will retire from that position May 31.
Kloos, who begins his new position June 1, joins VGM from TCF Equipment Finance, headquartered in Minnetonka, Minnesota, where he is senior vice president of strategic business development. He started with VGM Leasing (later VGM Financial Services), Waterloo, in 1994. When TCF purchased that company in 2004, he held positions including senior vice president of sales and general manager of the TCF Waterloo operations.
“I am confident that Mike is the right individual for this job because of his extensive experience with VGM and TCF,” said Van G. Miller, CEO and founder of VGM Group, Waterloo. “Mike is a proven executive with a tremendous track record of growing businesses. He has deep knowledge and understanding of the HME [home medical equipment] and O&P industries. He is a great leader, communicator, and problem-solver.”