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U.S. Aviation Underwriters names David McKay president, CEO

Posted On: Dec. 2, 2011 12:00 AM CST

NEW YORK—David McKay will become president and CEO of U.S. Aviation Underwriters Inc. on Jan. 1, 2012, the General Reinsurance Corp. unit announced Friday.

He succeeds Michael Sweeney, who plans to retire as CEO at the end of the year. Mr. Sweeney will remain chairman until April 30, 2012.

Mr. McKay, who joined USAU in 1978, has been president and chief operating officer since 2006.

The New York-based USAU manages U.S. Aviation Insurance Group, an aviation insurance pool founded more than 80 years ago.