Nationwide Appoints Three To New Leadership Posts.Nationwide has named three people to new leadership positions. Michael S. Helfer is executive vice president for corporate strategy. Helfer was a partner at Wilmer, Cutler and Pickering, a 350-lawyer international law firm based in Washington. He served as chairman and chief executive officer of the firm from 1995 to 1998. Donna A. James is executive vice president and chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive . Corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , information technology and Nationwide Services Co. will be consolidated under the new administrative office. James was senior vice president and chief human resources officer for the company. She joined Nationwide in 1981. Richard D. Headley is president and managing director of Nationwide Global Holdings and will oversee all international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , including Nationwide's German subsidiary Neckura. Headley joined Nationwide in 1997 as chief information technology officer. In 1999, Headley was elected executive vice president and was given added responsibility for Gates McDonald, Nationwide Health Plans and Medicare. Citigroup Names Vice Chairman Robert Lipp has been named the third member of Citigroup Inc.'s triumvirate Triumvirate (trīŭm`vĭrĭt, –vĭrāt'), in ancient Rome, ruling board or commission of three men. Triumvirates were common in the Roman republic. of chairmen. As vice chairman, Lipp will oversee cross-selling, developing operating systems for Citigroup's global businesses and the company's efforts in technology. Lipp joins Chief Executive Officer Sanford I. Well and former U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. Secretary Robert Rubin in filling the three-member chairman office. Lipp succeeds John Reed, who retired in April. The appointment surprised few, said Ira Zuckerman, an equity analyst with Nutmeg Securities. Lipp "is Sandy's right-hand man. He's done a reasonably good job, it makes sense for Sandy [Weill] to reward him." Lipp will continue in his current role as chairman and chief executive officer of the global financial group. Lipp, 62, joined Commercial Credit Co., one of Citigroup's predecessor companies, in 1986 to direct its consumer finance segment. He became chairman and 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 the company's insurance services segment after the merger with Travelers Corp. in 1993. After that, he was instrumental in spinning off the company's medical insurance business and acquiring Aetna Inc.'s property/casualty business, forming a new property/casualty subsidiary. Scottish Annuity & Life Hires Stern Executives Scottish Annuity & Life Insurance Co. (Cayman), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Scottish Annuity & Life Holdings Ltd., has hired Larry N. Stern as a senior vice president. Stern will head the nontraditional reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. division, a role previously held by Hank Sullkowski, who is leaving the company for personal reasons. Prior to joining Scottish Annuity & Life, Stern was a principal for nine years with Tillinghast-Towers Perrin, the actuarial consulting firm. InsureZone Names Kerford COO InsureZone has named David P. Kerford 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. . Kerford brings 14 years of software implementation and services-management experience. Previously he was president of Logisil Consulting USA Inc. Republic Western Taps President Republic Western Insurance Co., a property/casualty insurance company based in Arizona, has named Richard M. Amoroso Am`o`ro´so n. 1. A lover; a man enamored. adv. 1. (Mus.) In a soft, tender, amatory style. as its president. In his new position, Amoroso will oversee operations, establish policies and guide the investment process. Before joining Republic Western, he was assistant general counsel for ON Semiconductor. Before that, Amoroso served as assistant general counsel/litigation counsel for U-Haul International Inc. for seven years. XL Capital Makes Changes XL Capital Ltd has made a series of management changes as part of its realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. initiative centered on its three core businesses--insurance, reinsurance and financial products and services: Nicholas M. Brown Jr. has been named chief executive of insurance operations, which includes the Lloyd's operations. He was president and chief executive of NAC See network access control. Re Corp. Henry C.V. Keeling has been named chief executive of reinsurance operations. He was previously president and chief executive officer of XL Mid Ocean Reinsurance Ltd. Robert R. Lusardi has been named chief executive for financial products and services. He will also continue as chief financial officer of XL Capital Ltd until a successor is named. Under the realignment, K. Bruce Connell, president and chief executive officer of XL Capital Products, also assumes the new role of group underwriting officer. Connell will be responsible for group underwriting policy and risk management. Mark Brockbank, chief executive officer of Brockbank Group plc, will take early retirement effective at year end. At that time, he will act as a consultant for XL Capital. David C. Stevens has been named president and chief operating officer of newly formed XL Capital Assurance Inc., a New York-domiciled financial guaranty insurer. He was formerly executive vice president and chief underwriting officer of XL Capital Products Ltd. ERC (database) ERC - An extended entity-relationship model. Life Re Names Ramsey VP ERC Life Reinsurance Corp. has named Clark Ramsey vice president, asset-based solutions. Ramsey, a 24-year veteran of the insurance industry, has been appointed to the officer position of vice president for ERC Life and Employers Reassurance Corp., both subsidiaries of Employers Reinsurance Corp. Most recently he was vice president, corporate actuary, for Irish Life of North America. S.C. Blues Appoints Code to Board Blue Cross & Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. has appointed Merl F. Code to its board. Code, a senior associate of the Code Law Firm, is a municipal court judge in Greenville, S.C. He is also president and chief executive officer of Precision Tool Manufacturer in West Union, S.C. Penn Mutual Names Executive VP John M. Albanese has been promoted to executive vice president at Penn Mutual Life Insurance Co. He had been senior vice president, customer service information systems. As executive vice president, Albanese will play a role in the company's initiatives to refine and expand its competitive presence. Albanese joined Penn Mutual in 1992 as vice president of information systems/application development. Price Resigns as Alfa Corp.'s CFO See Chief Financial Officer. Alfa Corp. said J. Donald Price, senior vice president of finance and chief financial officer, has resigned to pursue other interests. Price will remain as a consultant for two years. Lee Ellis, executive vice president of operations, will take Price's place on an interim basis. Robinson Returns to Chubb David C. Robinson has rejoined Chubb Executive Risk, a subsidiary of Chubb Corp., as general counsel after a 10-month absence from the company. In addition to advising senior management, Robinson, in his role as general counsel, will oversee the underwriting counsel function and support new product development, marketing communications and risk management. During his absence from Chubb, Robinson was a law clerk to U.S. District Court Judge Stefan R. Underhill Stefan R. Underhill is a Judge for the United States District Court for the District of Connecticut. Born in Battle Creek, Michigan in 1956, after earning a B.A. in 1978 from the University of Virginia and a B.A. from Oxford University, he received an J.D. from Yale Law School. . Robinson had previously practiced law with Underhill while Robinson was a commercial litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. associate with Day, Berry & Howard in Hartford, Conn., and Underhill was a partner m the firm's Stamford office. Former A.M. Best Chairman, Chester M. Kellogg, Dies Chester M. Kellogg, retired chairman and chief executive officer of A.M. Best Co., Oldwick, N.J., died Sept. 16, at the Monroe Village Nursing Facility in Monroe Township, N.J. He was 95. Born in 1905 in Brooklyn, N.Y., he had resided since 1907 in Westfield, N.J. He joined A.M. Best Co., the world's oldest and most authoritative insurance rating and information source, in 1929 and spent 50 years with the company before his retirement in 1980. During his tenure at the company Mr. Kellogg was in charge of its weekly and monthly publications and was editor in chief of Best's Review, its monthly magazine. Mr. Kellogg was a graduate of The Lawrenceville School, Lawrenceville, N.J.; Dartmouth College; and the Amos Tuck Graduate School at Dartmouth. At A.M. Best, he became special services manager (1938), managing editor (1940), vice president in charge of weekly and monthly publications (1948), director (1953) and executive vice president (1962). He was elected editor in chief in 1964, the year he also became chairman of the board and chief executive officer. He retired in 1970, but remained a director until 1980. Mr. Kellogg was a well-known speaker and author who served on a number of insurance industry committees, particularly in the fields of research and terminology. He was a director of the American Risk and Insurance Association and the International Insurance Seminars. He was also an elector elector German Kurfürst. Prince of the Holy Roman Empire who had a right to participate in electing the German emperor. Beginning c. 1273, and with the confirmation of the Golden Bull, there were seven electors: the archbishops of Trier, Mainz, of the Insurance Hall of Fame The Insurance Hall of Fame is an international list of business leaders in the insurance field. It was founded in 1957 and now has more than 100 inductees; it is kept by the University of Alabama in the United States. and served on the executive committee of the Insurance Section of the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Board of Trade. Active in Westfield community affairs, Mr. Kellogg served for many years as chairman of the Board of Adjustment and as president of the trustees of the Westfield United Fund. He was a director of several corporations, including the National State Bank of Elizabeth for 25 years. He was past president of the Drug and Chemical Club of New York and the Hawthorne Park Club, Sparta, N.J. He was a member of the Congregational Church, the Historical Society of Westfield, and the Sons of the American Revolution The National Society of the Sons of the American Revolution (SAR) is a Louisville, Kentucky-based fraternal organization in the United States. It is a 501(c)3 non-profit corporation that describes its purpose as "maintaining and extending the institutions of American . In the early 1940s, he played on the championship badminton team of Union County and was the Westfield champion in singles, mixed doubles and men's doubles. In 1930, he married Alice E. Luellen of Mountain Lakes, N.J. She died in 1999. He is survived by three sons, C. Burton, senior vice president at A.M. Best Co., Hugh M. and Daniel B.; eight grandchildren; and seven great-grandchildren. |
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