Gerling Global Re of America CEO to Step Down

Charles D. Troiano, Chairman and CEO of Gerling Global Reinsurance Corporation of America, “will be leaving the company to pursue other interests,” said a company announcement.

“For the present, Mr. Thomas Tartaro, president and COO of GGRCA, will be responsible for the management of day-to-day operations,” it continued.

GGRCA is one of the most important in the Gerling Global Re Group, responsible for “approximately 25%” of its worldwide business. Since 1997 the company “has invested more than $1 billion into its U.S. operations.”