Everest Group appoints Elias Habayeb as new EVP and CFO

Core Appointment - Everest Group has appointed Elias Habayeb as executive vice-president (EVP) and group chief financial officer (CFO), effective on or around 1 May 2026 [1] - Habayeb will report directly to Everest president and CEO Jim Williamson and join the company's executive leadership team [1] Transition and Experience - Mark Kociancic, the current CFO, is set to retire after five years and will continue as a special advisor during the transition period [2] - Habayeb brings over 30 years of experience in senior finance positions across the insurance and financial services sectors, most recently serving as CFO of Corebridge Financial [2][3] Previous Roles - Prior to Corebridge Financial, Habayeb held CFO roles at various divisions of American International Group (AIG), including General Insurance and Life & Retirement, where he played a key role in the IPO of Corebridge Financial [3] - He also served as CFO of AIG subsidiary International Lease Finance Corporation and was a partner in Deloitte & Touche's Capital Markets Group [3][4] Strategic Vision - Jim Williamson stated that Habayeb's experience and strategic insight will be instrumental in strengthening Everest's foundation for sustained performance [4] - The company aims to focus on core businesses to capture future opportunities and deliver consistent returns for shareholders [4] Recent Developments - Last month, Everest Group agreed to divest the renewal rights for its Global Retail Commercial Insurance portfolio to AIG [5]