Chicago-based insurer CNA has announced the resignation of Executive Vice President and Chief Financial Officer Al Miralles and says the process of identifying a suitable successor is underway
Miralles notified CNA of his intention to leave the insurance industry and transition to a career in the technology sector.
The insurer tapped Larry Haefner, CNA’s former Chief Actuary, to serve as interim CFO as the organisation executes its search for a new CFO.
Throughout his 13 year career at CNA, Haefner is reported to have been closely aligned with the Finance team.
His cross functional understanding of CNA paired with his experience in the P&C insurance business is expected to ensure a smooth transition for the company.
“Al Miralles has been with CNA for more than 10 years and will be missed. We wish him well in his new endeavour,” said Dino Robusto, Chairman & Chief Executive Officer at CNA.
Miralles will leave the company in September and will use this time with Haefner to transition responsibilities.
