MOVES-USAA names Stuart Parker as next CEO

Thu Aug 28, 2014 12:38pm EDT

Related Topics

Aug 28 (Reuters) - U.S. insurer USAA said Stuart Parker, its chief operating officer of four months, would take over as chief executive when Joe Robles retires in February.

USAA Capital Corp President Carl Liebert will take over Parker's role immediately.

USAA provides insurance, banking, investments, retirement products and advice to current and former members of the U.S. military and their families.

Parker, who joined USAA in 1998, was the company's finance chief between 2012 and 2014 before being appointed as chief operating officer in May. (Bangalore newsroom;

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article