Commerce official tapped as PCI chief

DES PLAINES, Ill.--U.S. Deputy Secretary of Commerce David A. Sampson will become the new president and chief executive officer of the Property Casualty Insurers Assn. of America, PCI announced Tuesday.

Mr. Sampson, who has served as the deputy secretary of commerce since July 2005, also is a member of the president's management council. He previously served as assistant secretary of commerce for economic development.

June Holmes will continue to serve as PCI's interim CEO, a post she has held since September 2006, until Mr. Sampson assumes his duties. At that time, she will return to her previous position of chief operating officer of Des Plaines, Ill.-based PCI.

PCI has been without a permanent CEO since Ernst Csiszar resigned last September.