The Atlantic Companies’ board elected Daniel H. Olmsted, its president and chief operating officer, to the additional post of chief executive officer.
Klaus Dorfi, who has served as CEO since 1997, will continue in his role as chairman until he retires at the end of this year.
Olmsted was most recently promoted to chief operating officer in April 2006 and president in June 2004, when he was also made a member of the board.
Olmsted joined The Atlantic Companies in 1984 and performed in a variety of roles in its commercial and personal insurance business divisions and as corporate counsel.
Source: The Atlantic Companies
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