CNA Announces Death of Board Member Marvin Zonis

Rhea-AI Summary

CNA announced the passing of Marvin Zonis, a long-serving member of its Board of Directors, who contributed to the company since 1993. Zonis held key roles on the Finance, Audit, and Compensation Committees, influencing critical company decisions. He was also the principal of Marvin Zonis & Associates, an international consulting firm, and a Professor Emeritus at the University of Chicago, where he championed international student scholarships. The company expressed condolences to his family during this difficult time.

Positive

• Zonis brought extensive expertise in international economic affairs since joining the Board in 1993.
• His leadership in key committees may have influenced strategic financial and compensatory decisions.

Negative

• His passing could create a gap in leadership experience and continuity on the Board, especially in critical committee roles.

CHICAGO, Nov. 17, 2020 /PRNewswire/ -- CNA today announced with great sadness that Marvin Zonis, a valued member of the company's Board of Directors, passed away.

"We are deeply saddened by Marvin's passing. He was an esteemed member of our organization since 1993, bringing a broad experience in international economic and monetary affairs to CNA's Board of Directors," said Dino Robusto, Chairman and Chief Executive Officer of CNA. "We send our condolences to his family at this time."

In addition to his Board membership, Marvin Zonis was a member of the Finance and Audit Committees, and he chaired the Compensation Committee.

Mr. Zonis was the principal of Marvin Zonis & Associates, Inc., an international consulting firm, since its incorporation in 1978 where he provided advice to various businesses and professional asset management firms all over the world, helping them to identify, assess and manage their risks in the changing global political environment. He was a Professor Emeritus of International Political Economy, Leadership and E-Commerce at the Booth School of Business of the University of Chicago since 1989. At the school, he was an advocate for building an international student presence through the establishment of the Marvin Zonis International Scholarship, which was endowed to provide financial support for international students from emerging economies.

About CNA
CNA is one of the largest U.S. commercial property and casualty insurance companies. CNA provides a broad range of standard and specialized property and casualty insurance products and services for businesses and professionals in the U.S., Canada and Europe, backed by more than 120 years of experience and approximately $45 billion of invested assets. For more information, please visit CNA at www.cna.com.

Media Contact:
Cara McCall
312.822.1309
Cara.McCall@cna.com

Allyson Marcus
267.994.9052
Allyson.marcus@kemperlesnik.com

 

 

 

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SOURCE CNA

FAQ

What was the contribution of Marvin Zonis to CNA?

Marvin Zonis served on CNA's Board since 1993 and contributed his expertise in international economic and monetary affairs, influencing key decisions.

What committees did Marvin Zonis chair at CNA?

Marvin Zonis chaired the Compensation Committee and was a member of the Finance and Audit Committees at CNA.

How might Marvin Zonis' passing affect CNA?

Zonis' passing could impact leadership continuity and the Board's decision-making capabilities, given his extensive experience.