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Claims and Risk Management Provider Avizent Announces Appointment of New CEO

Tuesday, July 14, 2009

National claims and risk management provider Avizent announced today that Tom Watson has been appointed to the position of Chief Executive Officer (CEO). As CEO, Watson will oversee the company’s national property and casualty third party administrator (TPA) services, as well as Avizent’s full-service managed care company, occupational PPO networks and alternative risk division. Prior to his appointment as CEO, Watson had served as the company’s Chief Financial Officer (CFO) where he was responsible for directing financial functions and supporting the company’s strategic direction.

“Mr. Watson's promotion to CEO is a testament to his successful management skills and leadership that have continued to drive Avizent's success,” said Jay Coughlon, KRG Capital Managing Director. “His experience and knowledge of the industry, as well as his commitment to innovation, will help Avizent continue to meet the needs of its customers and expand its business.”

Article sourced from www.businesswire.com, click here to read full story.

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