NU Online News Service, Dec. 13, 8:20 a.m.EST

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Ciro M. DeFalco, formerly interim chief financial officer at TheNavigators Group Inc., has been promoted to senior vice presidentand chief financial officer.

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Stanley A. Galanski, chief executive officer of New York-basedNavigators, says in a statement that the company has “everyexpectation that [DeFalco] will continue to enhance our culture ofintegrity, transparency and excellence in all aspects of financialmanagement.”

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DeFalco was senior vice president and group planning officer atWhite Mountains Re Group before joining Navigators, aninternational specialty insurance holding company, in September2011.

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He has been interim CFO since October 31, following theretirement of Francis W. McDonnell.

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DeFalco has held a variety of financial-related senior positionsin the industry. He is a graduate of Pace University and ColumbiaUniversity Graduate School of Business.

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