CHICAGO--(BUSINESS WIRE)-- CNA Financial Corporation (NYSE: CNA) announced today that Steve Wachtel has been appointed to the position of Northern Zone Officer. In this role, Wachtel is responsible for aligning the branch structure of the global insurer's Northern Zone with its strategy to drive profitable growth. Wachtel will be joining CNA on July 6.

One of six geographic zones in CNA's newly configured U.S. field structure, the Northern Zone comprises Illinois, Indiana, Kansas, Kentucky, Michigan, Missouri, Ohio and Wisconsin and includes offices in Columbus, Farmington Hills, Grand Rapids, Indianapolis, Kansas City (KS), Lombard, Louisville, Milwaukee and St. Louis. Wachtel will also establish and manage a new branch office in Chicago.

"Steve's outstanding qualifications in the insurance industry, as well as his proven leadership skills, make him the ideal candidate to run our Northern Zone," said Tom Motamed, chairman and chief executive officer, CNA. "His contributions are critical to our winning strategies for growing the top and bottom lines."

Wachtel joins CNA from The Hartford Financial Services, where he most recently served as regional vice president for its Chicago Regional Office. During his tenure at Hartford, he assumed positions of increasing responsibility in its Southern California, New York and Baltimore regional offices, as well as corporate home office. In addition, Wachtel served as vice president of operations and branch manager for Hartman, McLean & Schmidt, Inc., an independent insurance agency.

Serving businesses and professionals since 1897, CNA is the country's seventh largest commercial insurer and the 13^th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. CNA is a registered trademark of CNA Financial Corporation.


FORWARD-LOOKING STATEMENT

This press release may include statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as "believes", "expects", "intends", "anticipates", "estimates", and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA's filings with the Securities and Exchange Commission, available at www.cna.com. Any forward-looking statements made in this press release are made by CNA as of the date of this press release. Further, CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA's expectations or any related events, conditions or circumstances change.





CNA Financial Corporation

Media Contact:

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Source: CNA Financial Corporation