Houston-based HCC Insurance Holdings Inc. is moving forward with its previously announced CEO succession plan. John N. Molbeck, Jr. will continue to serve as CEO until the final board of directors meeting of the year, scheduled for Dec. 19, 2012.
Christopher J.B. Williams, company president and previously announced successor to Molbeck, will become CEO at that time. Molbeck will remain actively involved with the company through his planned retirement date of May 31, 2013, and is expected to continue to serve on the HCC board.
Along with the appointment of Williams’ as CEO, Chief Operating Officer William N. Burke, Jr., will be promoted to president and chief operating officer, also effective Dec. 19.
Was this article valuable?
Here are more articles you may enjoy.
Florida Supreme Court Posts New Rule on AI Hallucinations in Court Filings 
Georgia Brokers and Agents Alarmed After Court Ruling Expands Liability for Them 
Travelers: Vendor Issues Over Half of Wedding Insurance Claims in 2025 
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says 
