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« Police release sketch of jewelry-heist suspect | Today | A beautiful day for a 26-mile run » April 14, 20062 top Beacon officials suspended with payWARWICK -- Two top officials at Beacon Mutual Insurance Co. have been suspended with pay, according to an announcement this evening that followed a nine-hour, closed-door meeting of the company's board of directors. The two officials are Beacon President and CEO Joseph Solomon and Vice President of Underwriting David Clark. They have been suspended pending further review of a recently-released report highly critical of the workers' compensation insurer's management. Clifford Parent, vice president of claims, has been named acting CEO. The suspensions were announced by two board members outside their headquarters here shortly before 7 p.m. The board will meet again next Wednesday at 4 p.m. to continue its review. More to come on projo.com and in tomorrow's Journal ... -- Journal staff writer Lynn Arditi Posted by Steve Peoples CommentsJack | April 14, 2006 7:04 PM link Post a commentPlease be civil. Vicious comments, personal attacks and profanity won't be published. Name and email are required; email address will not publish. |
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ProJo 9 to 5 News Blog
Oct 2005 - March 2006
Once again typical Rhode Island Insider politics. This board has no guts. they should all go except for the Director of Labor and Training and Brendan Doherty. What a disgrace.