Everest Re Names Addesso VP-CFO

The Bermuda-based Everest Re Group has appointed Dominic J. Addesso to the position of Executive Vice President and Chief Financial Officer, effective May 8, 2009.

He joins Everest from Munich Re America where he held the position of President of its Regional Clients division. Prior to joining Munich Re America in 1997, he was CFO of Selective Insurance Group.

The bulletin noted that Addesso has “more than 30 years insurance industry experience with broad knowledge across the financial and operating disciplines of a company.” He is a graduate of the University of Notre Dame and is also a member of the American Institute of CPAs.

Chairman and CEO. Joseph V. Taranto welcomed Addesso to the “Everest team,” and noted his “financial management and operating expertise.”

Addesso succeeds Craig Eisenacher who has announced his plans to retire. Evere’st said he would “be assisting during the transition period to ensure continuity through the end of the year. We want to thank Craig for his many contributions to Everest and wish him well in his retirement.”

Source: Everest Re – www.everestre.com