Countrywide Insurance Group in Calabasas, Calif., said Myron Hendry has been named managing director and chief operating officer.
Mr. Hendry, the firm said, is a 30-year industry veteran who will be tasked with ensuring that Countrywide Insurance Group has “world-class infrastructure, customer support and corporate governance to support the aggressive growth plans of Countrywide's insurance subsidiary.”
The insurance unit has grown its business from $449 million in net premiums earned in 1995 to $948 million in 2006, Countrywide said.
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