People Moves: Demex Promotes Anderson to CEO, Coleman to President; Fumarola Coalition's Chief Product Officer; Everest Names Habayeb CFO
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People moves: Demex promotes Anderson to CEO, Coleman to president; Fumarola Coalition's Chief Product Officer; Everest names Habayeb CFO. Demex, a technology-enabled reinsurance solution provider headquartered in New York City, promoted Michael Anderson to CEO following four years as chief growth officer. Demex also promoted Matthew Coleman to president, reinsurance from chief risk officer; and Charlie Eadie from executive vice president, strategic partnerships and growth to chief growth officer. Outgoing CEO Bill Clark will continue to support Demex on the company's advisory board. The C-suite appointments mark Demex's transition from product innovation to commercial expansion, with hundreds of millions of dollars in capacity committed for the upcoming renewal season, and leading ratings agencies indicating they may give credit to cedents. The company is also fielding interest beyond the U.S. and into international markets. Coalition Hires Frank Fumarola as Chief Product Officer Coalition, headquartered in San Francisco, California, appointed Frank Fumarola as chief product officer. Fumarola will serve as a member of Coalition's executive team. Fumarola joins Coalition from Nubank, where he led a group focused on global platforms and core systems, overseeing the mobile app, customer experience, and global growth infrastructure. Before Nubank, Fumarola was the vice...
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