Executive Changes

SOUTHEAST

Wachovia Corp. in Winston-Salem, N.C., promoted Kevin S. Fry, Rosemary Hege, Danny J. Jones, Anita J. Kleeberg, and Jerry Maney to senior vice presidencies at Wachovia Bank.All five were vice presidents.

Ms. Hege and Ms. Kleeberg are based in Winston-Salem. Ms. Hege is an insurance marketing manager for Wachovia insurance services; she joined the bank in 1996 as a vice president and insurance marketing manager. Ms. Kleeberg is a manager of payroll systems, benefit, and conversions in the finance and treasury group; she joined the bank in 1979 as a correspondence analyst and was elected vice president in 1995.

Mr. Fry works out of Atlanta as the controller of timberland investment management in the asset management group. He joined Wachovia in 1985 as a real estate property manager, became a senior real estate project manager, and was elected a vice president in 1991.

Mr. Jones, who is based in Wilmington, N.C., is a senior manager of the bank's dealer financial services. He joined Wachovia in 1966 as a field representative in dealer financial services and was elected a vice president in 1985.

Mr. Maney works out of Greensboro, N.C., as a regional market analyst in real estate financial services. He joined the bank in 1962 as a personal lines agent in the insurance department at Asheville, N.C., and was elected a vice president in 1970.


Fortis Inc. in New York, the $400 billion-asset U.S. operation of the Dutch-Belgian specialist in health insurance, investments, and other financial services, is splitting the job of the retiring top executive at its Assurant Group.Assurant, formed last year in the merger of American Bankers Insurance Group in Miami and American Security Group in Atlanta, underwrites and markets specialty insurance. It has headquarters in both cities and $24 billion of assets.

Edward J. O'Hare, its first president and chief executive officer, will retire at the end of the year. Bruce Camacho will succeed him as president and will also become chief operating officer. Robert B. Pollock will succeed Mr. O'Hare as chief executive officer and will also be named chairman.

Mr. Camacho has been an executive vice president of sales and marketing at Assurant since the merger. He had been the American Bankers Insurance executive vice president responsible for investor relations, legal and regulatory affairs, marketing services, licensing, state filing, and client administration. He had joined the company in 1990 as vice president of information systems.

Mr. Pollock is Fortis Inc.'s chief financial officer and an executive vice president of the company. He will divide his time between Fortis' offices in New York and Assurant Group's in Miami and Atlanta.

Before becoming CFO he was president and chief executive officer at Fortis Benefits Insurance Co., a group nonmedical insurer based in Kansas City, Mo.


MIDWEST

Conseco Inc. in Carmel, Ind., has hired David K. Herzog as general counsel.He was also named an executive vice president and secretary. He will report to Gary Wendt, Conseco's chairman and chief executive officer

Mr. Herzog, 44, was a managing partner of the Indianapolis office of the Baker & Daniels law firm, where he worked for 20 years. He concentrated on business and commercial litigation. He had also served on the law firm's management committee and led its finance subcommittee.

At Conseco he succeeded John Sabl, who returned to private practice at the law firm of Sidley & Austin in Chicago.


ABN Amro Asset Management USA Inc. has hired James E. Paccione as a vice president and the manager of financial adviser services for ABN Amro Funds.Mr. Paccione, 31, was a vice president and regional sales manager at Scudder Kemper Investments, his employer for eight years. He began his investment sales career in 1989 as a universal services representative at Citicorp retail branches in Aurora and Naperville, Ill.

ABN Amro Asset Management, a unit of the Dutch banking giant, is based in Chicago and manages $10.6 billion of domestic-client assets. Mr. Paccione will report to Steven A. Smith, director of mutual funds.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER