California’s State Compensation Insurance Fund has appointed Peter Guastamachio as its chief financial officer.
Guastamachio had been acting CFO since November 2013, and also serves as chief investment officer.
As CFO, Guastamachio will direct all of State Fund’s financial policies—including financial forecasting, accounting, budgeting and tax reporting.
Guastamachio joined State Fund in 2009 as State Fund’s chief investment officer.He has more than 30 years of experience in the financial world having served as vice president-assistant portfolio manager for Bank of West and he’s held a variety of positions with Argonaut Insurance. Guastamachio sits on the board of directors for the California Insurance Guarantee Association.
State Fund is California’s largest provider of workers’ compensation insurance.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms
Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud
JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims 

