Highlands Insurance Group of Lawrenceville, N.J. announced that its Chairman and CEO, Willis King Jr., has resigned his position for health reasons.
The news comes just a day after its CFO Charles Bachand announced that he was leaving to accept another position and Rufus Williams announced his resignation from the company’s Board of Directors for personal reasons.
Albert Marino, a financial consultant, has been retained on an interim basis to replace Bachand, and Highland’s President John Cowley and its general counsel Stephen Kibblehouse will act as co-Chief Executives.
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