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8-K - FORM 8-K - NAVIGATORS GROUP INC | c23324e8vk.htm |
Exhibit 99.1
The Navigators Group, Inc. CORPORATE NEWS |
Navigators Announces Executive Change
NEW YORK, October 10, 2011 The Navigators Group, Inc. (NASDAQ:NAVG) today announced the
retirement of Francis W. McDonnell as Senior Vice President & Chief Financial Officer effective as
of October 31, 2011. Ciro DeFalco, the Companys Senior Vice President, Finance, will serve as
the Companys interim Chief Financial Officer.
Stanley A. Galanski, Chief Executive Officer and President, said: Frank has been a valued member
of our Global Leadership Team for the past three years. During that time, he has successfully
directed financial management and strategy through perilous economic times. We are grateful to
Frank for his many contributions during the last three years and wish him well in his future
endeavors.
The Navigators Group, Inc. is an international specialty insurance holding company with insurance
company operations, underwriting management companies, and operations at Lloyds of London.
Headquartered in New York City, Navigators has offices in major insurance centers in the United
States, the United Kingdom and Continental Europe.
MEDIA CONTACT:
Taha Ebrahimi
(914) 933-6209
tebrahimi@navg.com
Taha Ebrahimi
(914) 933-6209
tebrahimi@navg.com
www.navg.com