Insurance & Technology News
CNA Financial announces retirement of president and COO of CNA Specialty
Dec 28, 2012 (Datamonitor via COMTEX) --
CNA Financial Corporation has announced the retirement of Peter Wilson, president and COO of CNA Specialty, a $2.9 billion business unit focused on professional and management liability, financial and other specialized insurance products and services. Wilson's retirement is effective December 31, 2012.
"Pete Wilson led some of CNA's businesses. Throughout his career, he brought to CNA a sharp focus on the customer, distinctive products and services, and strong producer relationships. This legacy will continue to serve us well. We thank him for his many contributions," said Thomas Motamed, chairman and CEO.
"We have concluded that the leadership of CNA Specialty is a Chicago-based position," said Motamed. "After much discussion, Pete, who has deep roots in the East, decided to retire and pursue other East Coast-based opportunities."
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UPDATED 5:08 AM EST - Dec 06, 2013
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