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Everest Re Says Outgoing CEO Taranto to Be Chairman Through 2016

June 20 (Bloomberg) -- Everest Re Group Ltd., the Bermuda-based reinsurer said outgoing Chief Executive Officer Joseph Taranto will stay on as chairman through the end of 2016.

Taranto is scheduled to retire as CEO effective Jan. 1, 2014, the reinsurer said today in a statement distributed by Business Wire. Everest Re has previously said Dominic Addesso, the company’s president, will be the next CEO.

To contact the reporter on this story:

Megan Hickey in New York at mhickey18@bloomberg.net;

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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