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 HARTFORD, Conn., Dec. 13 /PRNewswire/ -- Aetna Life & Casualty (NYSE: AET) today announced that the company's board of directors has named Gary G. Benanav, Daniel P. Kearney and James W. McLane executive vice presidents.
 Benanav, 48, has been Aetna's group executive responsible for Aetna International and for the group of businesses known as "ALIAC" (Aetna Life Insurance and Annuity Company), which offers annuities, mutual funds, individual life and small case pensions. In his new role, Benanav will replace David A. Kocher as head of Aetna's property-casualty operations. He will continue to have senior management responsibility for Aetna International, which offers property/casualty, health, life and pension products in selected foreign markets.
 "Gary brings to his new position proven abilities as a leader," said Aetna Chairman Ronald E. Compton. "He guided the turnaround of our international operations and has broad experience in Aetna's finance, investment and asset accumulation businesses."
 Benanav joined Aetna in 1972 as a member of the Law Department. He served as vice president-finance and treasurer, responsible for Aetna's banking, corporate finance, treasury and short-term investment activities. In 1989, Benanav became president of Aetna International and last year was named group executive.
 Kearney, 54, group executive in charge of Aetna's investments and large case pensions businesses, will take on the additional responsibilities of managing the ALIAC businesses formerly headed by Benanav.
 "Dan brings to his new duties broad experience in financial services. He has directed the management of our investment portfolios and reorganized our investment operations, while building important capital markets capabilities for the future," Compton said.
 Kearney joined Aetna in 1991 after serving as president and chief executive officer of the Resolution Trust Corporation Oversight Board. He had been a principal at Aldrich, Eastman & Waltch, Inc. a Boston pension fund advisor, and previously he had been a managing director at Salomon Brothers, Inc. His extensive public sector experience included a term as president of the Government National Mortgage Association ("Ginnie Mae").
 McLane, 54, will continue to serve as group executive in charge of Aetna's health and group life businesses. "He is building Aetna into a powerhouse of managed health care services and insurance products," Compton said. "He is a national voice for changing the health care system and is guiding Aetna's health care strategy in this era of rapid change and reform."
 McLane came to Aetna in 1991 from Citicorp where he was senior vice president and division. He also served as chief executive officer of Citicorp Insurance Group, Inc., the company's insurance holding company, and spent five years in the executive branch of the federal government prior to joining Citicorp.
 After more than 30 years with Aetna, David Kocher decided to leave the company to pursue other interests. "David is respected throughout the insurance industry. He led our property-casualty business through a period of turmoil and change, as we re-united our property-casualty operations, realigned our businesses, and moved forward to much improved earnings in 1993," Compton said. "He will carry with him the deep appreciation and affection of colleagues throughout Aetna."
 Patrick W. Kenny continues as Aetna's chief financial officer, reporting to Compton. Kenny's most critical responsibility is to develop Aetna's capital deployment strategy. He remains responsible for Aetna's financial planning and reporting. Aetna Information Technology, and the company's compliance, corporate planning and corporate services areas.
 -0- 12/13/93
 /CONTACT: Michael Bazinet of Aetna, 203-273-7141 (office), or 203-872-7186 (home)/

CO: Aetna Life & Casualty ST: Connecticut IN: INS SU: PER

CM-DJ -- NE008 -- 3191 12/13/93 13:15 EST
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Publication:PR Newswire
Date:Dec 13, 1993

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