Chubb CEO Finnegan elected chairman of the board.Chubb Chubb is the name of several individuals and companies:
In his new position, Finnegan succeeds Joel J. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , who will resume his previous position of lead director for the board, the company said in a statement. When Finnegan became 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. of Chubb on Dec. 1, 2002, the board felt it would he useful to have a separate chairman to help acclimate the new CEO, the company said. After seeing Finnegan in action for a year, the board decided to award him the additional post as chairman, the company said. Finnegan remains the only management director on the 17-person board of Chubb Corp. As lead director, Cohen's responsibilities will include convening con·vene v. con·vened, con·ven·ing, con·venes v.intr. To come together usually for an official or public purpose; assemble formally. v.tr. 1. and presiding pre·side intr.v. pre·sid·ed, pre·sid·ing, pre·sides 1. To hold the position of authority; act as chairperson or president. 2. To possess or exercise authority or control. 3. at meetings of the independent directors and participating in the setting of agendas for board meetings. Chubb also announced the election of Ned I. Gerstman and Marjorie D. Raines to the positions of executive vice president and co-chief investment officer and Robert M. Witkoff to the position of senior rice president. |
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