John D. Finnegan, executive vice president of General Motors Corp. and chairman and president of General Motors Acceptance Corp. (GMAC) became President, CEO and director of The Chubb Corp. Finnegan succeeded Dean R. O'Hare, who retired after 39 years with Chubb. Chubb's lead director, Joel J. Cohen, was elected nonexecutive chairman of the board. Thomas F. Motamed, executive vice president and COO, was promoted to vice chairman and COO. President John Degnan and Executive Vice President Michael O'Reilly were promoted to vice chairmen and will retain their current responsibilities. The three new vice chairmen report to Finnegan. Earlier, Michael O'Reilly, executive vice president and chief investment officer of The Chubb Corp., was named to the position of chief financial officer. O'Reilly succeeded Weston Hicks, who resigned as Chubb CFO to accept a position as executive vice president of Alleghany Corp.Several executive appointments have been made at MetLife, a subsidiary of MetLife Inc. Peggy Fechtmann is now responsible for individual business operations; Georgette Piligian has been named CIO of corporate systems; and Larry Blakeman will assume the position of CIO of MetLife Auto & Home upon the retirement of Richard Small, vice president and CIO of MetLife Auto & Home.
Richard (Rick) Madock, former president of CNA Insurance Group's small commercial unit has joined Charter Consulting Inc. as a director. Madock will work closely with Michael Rice, managing director overseeing the management consulting firm's financial services practice.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access