CNA Surety’s CEO Will Retire Within a Year

CNA Surety Corp. CEO Mark C. Vonnahme will retire from the company within a year, ending his 30-year career with the Chicago-based CNA Finacial Corp.

The search process is underway to replace Vonnahme, who in 1997 led the merger with Capsure Holdings Corp. that resulted in the formation in CNA Surety Corp. Vonnahme will continue as CEO until a replacement is in place.

Mr. Vonnahme began his career with the CNA companies in 1972 as a surety-underwriting trainee and became head of CNA Financial Corp.’s surety operations in 1993 before becoming the CEO of CNA Surety Corporation in 1997.