Panetta Resigns Zenith National Board to Head CIA

February 9, 2009

Property-casualty insurance company Zenith National Insurance Corp. said that board member Leon Panetta has resigned to become director of the U.S. Central Intelligence Agency.

President Barack Obama chose Panetta, a former chief of staff to President Bill Clinton and a former Democratic congressman from California, to head the agency.

Panetta had served as a member of Zenith’s audit committee and its nominating and corporate governance committee.

Zenith named Jerome L. Coben, a partner at Zeughauser Group, as Panetta’s replacement. Coben will serve on the audit committee and the health care committee.

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Latest Comments

  • February 11, 2009 at 8:38 am
    Bill says:
    Sarah, maybe our national security will get better now that Obama has stoped the trials in Gitmo, decided to have tea with the pres of Iran and finally declared his whole fami... read more
  • February 10, 2009 at 1:22 am
    Sarah says:
    >Oh well there goes our national security. Silly boy, our national security went up in Smithereens under Bush, Cheney and Rice in 2001....
  • February 9, 2009 at 2:31 am
    Observer says:
    This man looks tired and stupid to me! This man is supposed to be the CIA director and he didnt even know Bill was screwing every woman in the white house when chief of staff.... read more
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