Chubb Appoints Greg Giardiello as Global Controller
Rhea-AI Summary
Chubb (NYSE: CB) has appointed Greg Giardiello as its new Global Controller, effective September 4, 2024. Giardiello, who will be based in Chubb's Philadelphia office, replaces Mong-Diep "Dee" Le, who has been named Chief Auditor. With over 30 years of experience in corporate finance and accounting, Giardiello joins Chubb from QBE Insurance Group, where he served as Deputy Finance Chief Operating Officer. His appointment is expected to bring fresh perspectives and complement the existing finance team's expertise.
Positive
- Appointment of an experienced professional with over 30 years in corporate finance
- Addition of external expertise to complement the existing finance team
- Smooth transition in leadership with internal promotion of previous Global Controller
Negative
- None.
News Market Reaction – CB
On the day this news was published, CB gained 1.48%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Giardiello will report to George Ohsiek, Vice President, Chubb Group and Chief Accounting Officer, and be based in Chubb's
"Adding outside skills and perspectives to the deep knowledge and expertise in corporate finance and accounting that already flourish at Chubb makes us even stronger," said Peter Enns, Executive Vice President, Chubb Group and Chief Financial Officer. "The strengths Greg has shown across his three decades in senior corporate finance roles complement those of our talented finance team."
Giardiello joins Chubb from QBE Insurance Group, where he was Deputy Finance Chief Operating Officer, responsible for aspects of their finance group including the global controller function. Before that he held senior finance roles at Berkshire Hathaway Specialty Insurance, Marsh & McLennan and AIG. Giardiello has more than 30 years of broad-based operating, management and financial experience at both multinational Fortune 50 companies and Big 4 public accounting firms. He received a Bachelor of Science in Accounting from
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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also 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 maintains executive offices in
View original content to download multimedia:https://www.prnewswire.com/news-releases/chubb-appoints-greg-giardiello-as-global-controller-302238090.html
SOURCE Chubb Limited