Peter Wilson, president and COO of CNA Specialty, is retiring at the end of the year.

CNA Financial Corp. CEO Thomas F. Motamed says the company has determined “that the leadership of CNA Specialty is a Chicago-based position.”

Wilson, who joined CNA Specialty in 1992, “has deep roots in the East,” continues Motamed in a statement. Therefore, Wilson “decided to retire and pursue other East Coast-based opportunities.”

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