Carmel-based CNO Financial Group Inc. (NYSE: CNO) today named Paul McDonough chief financial officer and Rocco Tarasi chief marketing officer. Both will transition into their new roles in April.
McDonough succeeds Erik Helding and Tarasi will succeed Gerardo Monroy. The company says both Helding and Monroy are leaving their positions on March 29 to pursue other opportunities.
McDonough has nearly thirty years of public company finance and twenty years of insurance industry expertise. Most recently he served as executive vice president and chief financial officer for OneBeacon Insurance Group.
As chief marketing officer, Tarasi will lead CNO’s enterprise marketing and communications team. He most recently served as vice president of finance and operations for Bankers Life.
"Over the past year, we completed CNO’s fix and focus chapter and have pivoted to a growth phase," said Gary Bhojwani, chief executive officer in a news release. "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."