Everest Group, Ltd. has announced that Elias Habayeb will become the company's Executive Vice President and Group Chief Financial Officer, effective around May 1, 2026. He will take over from Mark Kociancic, who is retiring after five years with Everest. Kociancic will remain as a special advisor during the transition.
Habayeb brings more than three decades of experience in finance within the insurance and financial services sectors. Most recently, he was CFO at Corebridge Financial, where he managed finance and actuarial operations and contributed to earnings growth and capital returns. Prior to that, Habayeb held chief financial officer positions at various divisions of American International Group (AIG), including General Insurance and Life & Retirement. He also led the IPO that established Corebridge Financial as an independent company. Earlier in his career, he worked as CFO for International Lease Finance Corporation, an AIG subsidiary, and was a partner at Deloitte & Touche’s Capital Markets Group.
Jim Williamson, President and CEO of Everest, commented on the appointment: “Elias is an outstanding financial leader whose experience, strategic insight and record of value creation will be instrumental as we strengthen Everest’s foundation for sustained performance.” He added: “With a renewed focus on our core businesses, Everest is well positioned to capture the opportunities ahead and deliver consistent, lasting returns for our shareholders.
I also want to thank Mark for his many contributions, leadership and partnership during a transformative period for Everest. We wish him the best in his future endeavours and look forward to collaborating through a seamless transition.”
Everest is known for providing property, casualty, and specialty reinsurance as well as insurance solutions globally. The company has operated for 50 years with an emphasis on disciplined underwriting along with capital and risk management strategies. Its common stock trades on the New York Stock Exchange under the symbol EG and is part of the S&P 500 index.
More information about Everest can be found at www.everestglobal.com.