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.
Was this article valuable?
Here are more articles you may enjoy.
A Landmark Supreme Court Ruling Is Upending How America Moves Its Goods 
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market 
One Battle After Another: What TPLF Victory in One State Means for Others 
Willis Re Jumpstarts US Expansion With Buy of BMS Re, US 
