Chubb Announces Leadership Changes in Europe, Middle East and Africa and North America
Rhea-AI Summary
Chubb (NYSE: CB) has announced significant leadership changes effective April 1, 2025. Ana Robic, currently Division President of Personal Risk Services (PRS) in North America, has been appointed Regional President of Europe, Middle East and Africa. She succeeds David Furby, who transitions to Executive Chairman of the region.
In her new role, Robic will oversee Chubb's European operations, including the UK, continental Europe, Chubb Global Markets, Middle East and Africa, reporting to Paul McNamee. Furby will maintain executive oversight of strategy and governance while continuing as a board member and chair of the Underwriting Risk Committee.
Melissa Scheffler, currently Chief Operating Officer of PRS, will be promoted to Division President of PRS North America and Vice President of Chubb Group, reporting to Juan Luis Ortega.
Positive
- Internal promotion showcases strong leadership pipeline
- Experienced executives with long tenure (Robic 24+ years, Furby 29 years, Scheffler 29+ years)
- PRS North America delivered strong results under Robic's leadership
Negative
- Leadership transition may cause temporary operational adjustments
- Multiple simultaneous leadership changes could create short-term disruption
News Market Reaction – CB
On the day this news was published, CB declined 1.37%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Ana Robic appointed Regional President,
Melissa Scheffler promoted to succeed Robic as Division President, Personal Risk Services, Chubb North America Insurance
In her new role, Robic will have executive operating responsibility for Chubb's European business, including the
In his new Executive Chairman role, Furby will have executive oversight, including strategy and governance of Chubb's general insurance business in the region. He will continue as a member of Chubb's European Group's Board and chair its Underwriting Risk Committee.
McNamee said, "These appointments and increased responsibilities demonstrate Chubb's deep bench of talent with long-tenured executives who are able to take on increased responsibilities, as well as the growth aspirations we have for our business. I am thrilled to welcome Ana into Chubb Overseas General and the region's leadership. She is an accomplished and widely respected executive leader within Chubb with a strong underwriting sense."
"I would also like to thank David for his leadership in
Both appointments are effective April 1, subject to any required regulatory approvals.
Commenting on the appointments, Juan Luis Ortega, Executive Vice President, Chubb Group and President, Chubb North America, observed, "Under Ana's leadership, PRS North America has consistently delivered strong results and improvements in the operating capabilities of our company. Her appointment recognizes her significant accomplishments and is a testament to global talent mobility, a hallmark of Chubb."
Melissa Scheffler, currently Chief Operating Officer of PRS, will succeed Robic as President of the business and becomes Vice President, Chubb Group. She will report to Ortega, who added, "Melissa has repeatedly set new bars of achievement throughout her tenure at Chubb, and I am confident she will do the same leading PRS. As COO, Melissa has been involved in all facets of PRS, making her uniquely qualified to lead the business going forward."
Biographies
Robic joined Chubb in 1999 and has produced outstanding results in every role she has held. She was named Division President, Chubb Personal Risk Services in 2021 after serving as Chief Operating Officer of the business. Prior to PRS, Robic held leadership roles for Chubb in
Furby's tenure in the insurance industry spans 43 years, 29 with the company. Prior to serving as Regional President for Chubb's
Scheffler's career at Chubb began in 1994 and canvases roles in underwriting, marketing, sales, and management throughout the Midwest, Mid-Atlantic and
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.
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SOURCE Chubb Limited
FAQ
When will Chubb's (CB) new leadership appointments take effect?
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What will be David Furby's new position at Chubb (CB)?
