Unico American Corp. interim CEO and President Ronald Closser will step down from the roles, effective Feb. 10.

Closser is leaving the positions once his interim employment agreement with the company expires. However, he will continue to serve as board chairman.

Effective Feb. 11, Unico American CFO Michael Budnitsky will act as CEO and president on an interim basis as the company looks for a new permanent CEO and president. Budnitsky will continue to serve as treasurer, CFO and secretary.