Windsor, Alberta 10/30/2009 11:35:00 PM
News / Business

ING (NYSE: ING) Names Three Executives to U.S. Units

ING Groep NV (NYSE: ING), the Dutch bank and insurer, on Thursday named Rob Leary as CEO and Ewout Steenbergen as chief financial officer of its insurance unit in the United States.

 

Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. Free hot penny stocks profiles stock picks that could generate higher returns than average. These penny stocks include stocks with news, chart breakouts or increased volume.

Sign Up Today for our Penny Stock Newsletter

 

Leary was previously CEO of ING Investment Management, Americas. He replaces Tom McInerney, who was earlier named chief operating officer of ING Insurance.

 

Leary will be one of six global insurance/investment management CEOs reporting to McInerney as part of ING's new global insurance/investment management structure.

 

Leary's role at ING Investment Management, Americas will be filled by Jeff Becker, previously, vice chairman, chief operating officer, and head of business management and strategy of the unit.

 

Steenbergen replaces David Wheat, who announced his retirement and plans to pursue other opportunities. Steenbergen was previously chief financial and risk officer for ING Insurance Asia/Pacific.

 

Shares of ING were up $1.15, or 9 percent, to $13.60 in afternoon New York Stock Exchange trading.

 

Sign Up for Free Hot Penny Stocks’ FREE Penny Stock Newsletter.

 

About Us

 

Free Hot Penny Stocks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies and other stocks that may be positioned to break out. These penny stocks might have news, increased volume or chart breakouts. These penny stocks that are alerted could generate greater than average returns. Feel free to visit our penny stock forum to discuss other penny stock picks or penny stocks that you might own.

 

Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.

 

Please click here to read the full disclaimer