Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
STAMFORD, Conn., Aug. 10, 2017 -- The Navigators Group, Inc. (NASDAQ:NAVG) today announced the promotion of Patrick J. Milner to President of NavTech, the company’s global business unit underwriting upstream and downstream energy, power generation, engineering/construction and other technical industrial-related risks. Mr. Milner succeeds Stephen R. Coward, who retired as President of NavTech at the end of July after more than 15 years with Navigators. Mr. Milner is an industry veteran who has been with Navigators in London for nearly 30 years and worked with Mr. Coward at the formation of NavTech in 2009. Most recently, Mr. Milner led the company’s global upstream energy business.
|
|||||
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9a6ed653-8200-4cb3-a2a3-1a7960c6564d
Additionally, Jerry L. Wosleger has been promoted to Senior Vice President of NavTech, responsible for building the NavTech business in North America, in addition to his current leadership of the global downstream energy practice. Mr. Wosleger is a leading technical underwriter in the energy sector with nearly 30 years of industry experience. Mr. Wosleger is based in New York City.
“We congratulate Pat Milner and Jerry Wosleger on their expanded leadership roles in one of our most important industry specialties – global energy," said Stan Galanski, President and Chief Executive Officer of Navigators. “At the same time, we thank Stephen Coward for his many contributions—both as an expert underwriter and insurance executive—to the growth of Navigators. We are confident that the culture of technical underwriting expertise that has been the hallmark of NavTech and indeed of our company is in good hands with this logical transition in leadership.”
The Navigators Group, Inc. is an international specialty insurance holding company with operations in the United States, the United Kingdom, Continental Europe and Asia.
Media Courtney Oldrin Head of Communications [email protected] 203-905-6531
