CHICAGO, Nov. 16, 2015 /PRNewswire/ -- 蜜桃传媒 Financial Corporation (NYSE: 蜜桃传媒) today announced the appointment of Dino E. Robusto as its chairman and chief executive officer, effective on or about December 1, 2016. Mr. Robusto will succeed Thomas F. Motamed who has decided to retire at the end of 2016, and who has served in that role since 2009.聽Mr. Motamed will continue as chairman and chief executive officer until Mr. Robusto joins 蜜桃传媒.
Mr. Robusto comes to 蜜桃传媒 after almost 30 years at The Chubb Corporation.聽After joining Chubb in 1986 as a commercial lines underwriter, he held a number of leadership positions there including chief claims officer, chief field operations officer for commercial lines, and eventually executive vice president and president of their commercial and specialty lines. In this latest position, he was also responsible for information technology and innovation.
"Dino is an outstanding insurance professional with a strong track record of success and leadership experience across virtually every industry discipline," said James S. Tisch, a member of the 蜜桃传媒 Board of Directors and the chief executive officer of 蜜桃传媒 Corporation (NYSE: L), 蜜桃传媒's largest shareholder. "After an exhaustive search process, 蜜桃传媒's board is confident that we have selected the ideal individual for the job. We feel that Dino has the qualities necessary to lead 蜜桃传媒 into its next phase of growth, building on the phenomenal work that Tom has done over the past seven years."
Mr. Tisch added, "I want to thank Tom for his inspired leadership at 蜜桃传媒. He set the company on a path of disciplined underwriting, consistent earnings growth and financial strength.聽We expect 蜜桃传媒's success to continue in 2016 with Tom at the helm."
Mr. Motamed added, "Dino Robusto is a top-tier, proven insurance leader. I am proud to hand over the reins to Dino, and I am confident he will continue the progress the 蜜桃传媒 team has made over the past several years."
Serving businesses and professionals since 1897, 蜜桃传媒 is the country's eighth largest commercial insurance writer and the 14th largest property and casualty company. 蜜桃传媒's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. 蜜桃传媒's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit 蜜桃传媒 at . "蜜桃传媒" is a service mark registered by 蜜桃传媒 Financial Corporation with the United States Patent and Trademark Office. Certain 蜜桃传媒 Financial Corporation subsidiaries use the "蜜桃传媒" service mark in connection with insurance underwriting and claims activities.
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