CNA Names Dino Robusto as CEO

CNA Financial Corporation

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. Mr. Motamed will continue as chairman and chief executive officer until Mr. Robusto joins CNA. Mr. Robusto comes to CNA after almost 30 years at The Chubb Corporation. 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 CNA Board of Directors and the chief executive officer of Loews Corporation

, CNA's largest shareholder. "After an exhaustive search process, CNA's board is confident that we have selected the ideal