American Eagle Group, Inc. announces Allen N. (Nick) Walton as President - Aviation Division.DALLAS--(BUSINESS WIRE)-- Nov. 7, 1995--American Eagle Group, Inc. announced today that Allen N. (Nick) Walton, a longtime American Eagle claims executive, has been promoted to the newly created position of President of the Aviation Division. The operations, underwriting and marketing operations of the Aviation Division will now report to Mr. Walton, and the claims operations of all three divisions of American Eagle will continue to report to him. Mr. Walton, age 55, will report to George F. Cass, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of American Eagle. Since joining American Eagle in 1974, Mr. Walton has held claims positions of increasing responsibility. Since 1989, Mr. Walton has been responsible for the claims operations of the Aviation Division and, since 1993, Mr. Walton has managed the claims operations of all divisions of American Eagle. Mr. Philip Guthrie, Chairman and Chief Executive Officer, stated, "Our claims operations are widely regarded as exemplary within the industry, which is largely due to the management and experience of Nick Walton. We are extremely pleased to have someone with Nicks proven management ability and reputation in the industry to fill this important position." The common stock of American Eagle Group, Inc. trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "FLI FLI - Flash Lights Impressively. ." American Eagle Group, Inc. is an insurance holding company that, through its subsidiaries, markets and underwrites specialized property and casualty coverages in selected niche markets. These markets include general aviation, local and intermediate-haul trucking, selected artisan contractors, and yachts. The company's business is organized in three divisions: the Aviation Division, headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. ; the Property & Casualty Division, headquartered in Sacramento, California “Sacramento” redirects here. For other uses, see Sacramento (disambiguation). Sacramento is the capital of the State of California and the county seat of Sacramento County. ; and the Marine Division, headquartered in Baltimore, Maryland. CONTACT: American Eagle Group, Inc. M. Philip Guthrie, chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 214/448-1460, or Richard M. Kurz, Sr. Vice President, CFO See Chief Financial Officer. , 214/448-1477 |
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