Everest Group, Ltd. has announced the appointment of Elias Habayeb as the new Executive Vice President and Group Chief Financial Officer, effective on or about May 1, 2026. Habayeb brings over 30 years of experience leading global finance organizations in the insurance and financial services industries, most recently serving as CFO of Corebridge Financial (NYSE: CRBG).
Elias Habayeb succeeds Mark Kociancic, who will retire from the company after five years of service following the Q1 reporting cycle but will remain with Everest as a special advisor through the transition period. Habayeb's appointment comes at a time when Everest is renewing its focus on core businesses, with Jim Williamson, Everest’s President and CEO, expressing confidence in Habayeb's ability to strengthen the company's foundation for sustained performance.
Everest Group, Ltd. is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions. The company is known for its 50-year track record of disciplined underwriting, capital and risk management, and its common stock (NYSE: EG) is a component of the S&P 500 index.
The outgoing CFO, Mark Kociancic, has made significant contributions and provided leadership during a transformative period for Everest. The company expressed gratitude for his partnership and contributions and wished him the best in his future endeavors.
As the company prepares for this transition, investors and shareholders will be keen to see how Everest's financial performance metrics evolve in the coming quarters with the new leadership in place. As a result of these announcements, the company's shares have moved -2.51% on the market, and are now trading at a price of $304.99. For more information, read the company's full 8-K submission here.
