The Association for Cooperative Operations Research and Development (ACORD) has a new president and chief executive officer.

The board of directors of the Pearl River, N.Y.-based insurance industry standard developer elected William N. Pieroni to the post. He succeeds Gregory Maciag, who announced a little more than a year ago that he planned to retire this year. 

"Bill Pieroni is an example of the best in our industry. He is a strong leader with deep knowledge of the insurance business and a vision for the future success of ACORD," Sal Branca, senior vice president of AIG and chairman of the ACORD board of directors, said in a statement. "Bill's enthusiasm, passion for innovation and understanding of the limitless opportunities ahead will bring valuable perspective.  ACORD has a long and proud history of thought leadership and I look forward to working with Bill and could not be more excited for ACORD's future."

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