Nationwide Financial Services, John Hancock and American Skandia all have new chief executive officers, the respective companies announced today.
Nationwide, the No. 10 U.S. life insurer and annuity seller, has hired W.G. “Jerry” Jurgensen, a former executive of Bank One corp. to succeed Dimon McFerson, 63, who is retiring at the end of the year. At John Hancock, David D’Alessandro will take over Thursday, heading up the No. 13 U.S. life insurer, which went public earlier this year. He will replace Stephen Brown, 62, who will remain chairman. Wade Dokken will now head up American Skandia, replacing Jan R. Carendi, founder of American Skandia and its subsidiaries. Dokken, 40, has served on the executive management board of Skandia since March.
Was this article valuable?
Here are more articles you may enjoy.
Here’s a List of Gulf Energy Infrastructure Damaged in Iran War 
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
