CNA Appoints Greg Vezzosi Central Zone Officer
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CHICAGO--(Business Wire)-- CNA Financial Corporation (NYSE: CNA) announced today that Greg Vezzosi has been appointed to the position of Central Zone Officer. In this role, Vezzosi - who recently served as vice president of CNA`s Minneapolis branch - is responsible for aligning the branch structure of the global insurer`s Central Zone with its strategy to drive profitable growth. One of six geographic zones in CNA`s newly configured U.S. Field Operations, the Central Zone comprises Arkansas, Colorado, Iowa, Minnesota, Nebraska, Nevada, North Dakota, Oklahoma, South Dakota, Texas, Utah, and Wyoming, as well as offices in Austin, Dallas, Denver, Houston, Little Rock, Minneapolis, Oklahoma City and Salt Lake City. In addition to leading the Central Zone, Vezzosi will manage the Minneapolis Branch. "For more than two decades, Greg has demonstrated exemplary leadership in the insurance industry," said Tom Motamed, chairman and chief executive officer, CNA. "As Central Zone officer, his leadership is critical to our winning strategies for growing the top and bottom lines." Vezzosi joined CNA earlier this year after serving as executive vice president and chief operating officer for the Argonaut Group. Prior to this, he worked at Travelers Insurance Company as senior vice president in its Specialty Commercial Business and at Royal & Sun Alliance as senior vice president and chief underwriting officer. He has also earned the CPCU designation. Serving businesses and professionals since 1897, CNA is the country`s seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA`s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. CNA is a registered trademark of CNA Financial Corporation. FORWARD-LOOKING STATEMENT This press release may include statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as "believes", "expects", "intends", "anticipates", "estimates", and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA`s filings with the Securities and Exchange Commission, available at www.cna.com. Any forward-looking statements made in this press release are made by CNA as of the date of this press release. Further, CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA`s expectations or any related events, conditions or circumstances change. CNA Media Contact: Katrina Parker, 312/822-5167 Copyright Business Wire 2009
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