Paul H. McDonough (pictured) and Rocco Tarasi have been named Chief Financial Officer and Chief Marketing Officer of CNO Financial respectively. McDonough and Tarasi will report directly to the CEO and join the company's Executive Leadership Group.
"Over the past year, we completed CNO's fix and focus chapter and have pivoted to a growth phase," said Gary C. Bhojwani, chief executive officer. "With this evolution of our strategic focus we also determined that it was appropriate to add a different set of experience and capabilities to our leadership team. As CNO continues to execute against our strategic priorities, Paul's deep financial background and proven track record in supporting growth are important at this stage of our development and will position us well for long-term success and shareholder value creation."
McDonough most recently served as executive vice president and chief financial officer for OneBeacon Insurance Group. He succeeds Erik Helding, who is leaving his current role to pursue other opportunities.
Terasi most recently served as vice president of finance and operations for Bankers Life. He succeeds Gerardo Monroy, who is leaving his current role to pursue other opportunities.