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CNA Announces Search for New CFO

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CNA announced the resignation of Al Miralles, Chief Financial Officer, effective September. Miralles is leaving to pursue a career in the tech sector. In the interim, Larry Haefner, former Chief Actuary, will step in as acting CFO during the search for a permanent replacement. Dino Robusto, Chairman and CEO, expressed gratitude for Miralles' decade-long service and assured stakeholders of a smooth transition. CNA, a prominent U.S. commercial property and casualty insurance firm, is committed to maintaining stability during this leadership change.

Positive
  • Larry Haefner's prior experience as Chief Actuary and familiarity with CNA's operations could facilitate a seamless transition.
  • CNA's proactive approach to begin the search for a new CFO immediately shows commitment to leadership stability.
Negative
  • The resignation of a long-serving CFO may introduce uncertainty in financial strategies and operations.

CHICAGO, Aug. 9, 2021 /PRNewswire/ -- CNA announced today that Al Miralles, Executive Vice President and Chief Financial Officer, has resigned from CNA. Miralles notified CNA that he will be leaving the insurance industry and transitioning to a career in the technology sector.

CNA tapped Larry Haefner, CNA's former Chief Actuary, to serve as interim CFO as the organization executes its search for a new CFO. Throughout his 13 year career at CNA, Haefner was closely aligned with the Finance team. Haefner's cross functional understanding of CNA paired with his proven expertise in the P&C insurance business will ensure a smooth transition for the company.

"Al Miralles has been with CNA for more than 10 years and will be missed. We wish him well in his new endeavour," said Dino Robusto, Chairman & Chief Executive Officer at CNA.

Miralles will leave the company in September and will use this time with Haefner to transition responsibilities. CNA has commenced searching for an experienced executive to take on the role of CFO immediately.

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

Media Contact
Chris Stroisch
chris.stroisch@cna.com
309-660-6001

CNA logo. (PRNewsFoto/CNA Financial Corporation) (PRNewsfoto/CNA)

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SOURCE CNA

FAQ

Who has resigned as CFO of CNA?

Al Miralles has resigned as CFO of CNA.

When is Al Miralles leaving CNA?

Al Miralles will leave CNA in September.

Who will be the interim CFO at CNA?

Larry Haefner will serve as the interim CFO.

What is the reason for Al Miralles' resignation from CNA?

Al Miralles is transitioning to a career in the technology sector.

What steps is CNA taking after the CFO resignation?

CNA has started searching for a new CFO immediately.

CNA Financial Corporation

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Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States of America
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