ACE USA has announced the appointment of Mitchell Schmidt as senior vice president and regional executive officer of the Northeast Region.
Schmidt, who is to be based in Boston, assumes responsibility for the general strategic direction of ACE USA’s Northeast region and will report directly Ed Zaccaria, Division President, ACE USA Regional Operations.
Working alongside the regional team he will supervise business development, underwriting services, and create distribution strategies.
Karen Sothern, whom Schmidt succeeds, takes on a new global role as change management officer of Acquisitions for ACE Group and will report directly to ACE Ltd Chairman and Chief Executive Officer Evan G. Greenberg.
Zaccaria described Schimdt as instrumental in the developmentof ACE USA’s custom casualty and renewable energy businesses and praised his strong track record and leadership.