CNA Names Mense Its New CFO

November 10, 2004

Chicago-based commercial insurer CNA Financial Corp. appointed D. Craig Mense as chief financial officer, effective Nov. 29. Mense will report to CEO Stephen W. Lilienthal and succeeds Robert V. Deutsch, who served as CFO from August 1999 to October 2004.

Mense will be responsible for CNA’s corporate finance department, which provides asset and capital management, investor relations, corporate accounting, financial reporting, corporate tax, financial regulation, and internal audit services to the organization.

Mense comes to CNA from St. Paul Travelers, where he served most recently as president and CEO of its global run-off operations. In that capacity, he was responsible for all discontinued businesses, including Gulf Insurance Group, Domestic Assumed Reinsurance, International Reinsurance. From May of 2003 to May of 2004, he was chief operating officer of the Gulf Insurance Group, with oversight of all company operations.

CNA also announced that Brenda J. Gaines joined its board of directors in October. Gaines, formerly CEO of Citigroup’s Diners Club North America, also serves on the boards of Office Depot, March of Dimes, Economic Club of Chicago and the Chicago Museum of Science and Industry.

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