William (Bill) Pieroni will take over as president and CEO of ACORD, the standards organization announced.

Pieroni succeeds Gregory Maciag, who will retire from ACORD after 40 years. Maciag was named president emeritus of ACORD and will be an advisor to the organization.

Pieroni last was global COO of Marsh and was responsible for the firm's global operations. Additionally, he was the chief technology and transformation officer for the brokerage's risk and insurance segment. Before that, he was SVP in the Office of the Chairman at State Farm and SVP and global CIO of Aon.

"Bill Pieroni is an example of the best in our industry. He is a strong leader with deep knowledge of the insurance business and a vision for the future success of ACORD," said Sal Branca, SVP for AIG and chairman of the ACORD Board of Directors. "Bill's enthusiasm, passion for innovation and understanding of the limitless opportunities ahead will bring valuable perspective. ACORD has a long and proud history of thought leadership and I look forward to working with Bill and could not be more excited for ACORD's future."

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