ATLANTA, July 20, 2011 /PRNewswire/ -- Crawford &
Company (NYSE: CRDA; CRDB), the world's largest independent
provider of claims management solutions, recently entered into
long-term employment agreements with three key executives of The
Garden City Group Inc. (GCG), a Crawford subsidiary that is the recognized
leader in legal administration services for class action
settlements and other claims administration, bankruptcy cases and
legal noticing programs.
Entering into multi-year agreements were David A. Isaac, chief executive officer,
Neil L. Zola, president and chief
operating officer, and Karen B.
Shaer, executive vice president and general counsel.
"Together, David, Neil and Karen have 36 years of experience with
GCG and have been instrumental in its significant growth in the
past decade," said Jeffrey T.
Bowman, Crawford president
and chief executive officer. "We are looking forward to their
continued leadership of that organization."
As a former class action litigator, Isaac has been instrumental
in spearheading GCG's dynamic growth. He joined the firm in 1996 as
its vice president, director of legal services. He became president
in February 2000 and CEO September 2006. Under his leadership, the company
has grown from a 50-person firm to one that employs more than 1,000
people in 11 offices across the country.
Zola, formerly a partner with a New
York City class action litigation firm, joined GCG as its
first-ever general counsel in May
2000 and became executive vice president and chief operating
officer in March 2002. In
September 2006, he was promoted to
his current position.
Shaer, a former assistant U.S. attorney in the Southern District
of New York, joined GCG in
September 2001 as senior vice
president and managing director of its Business Reorganization
division. She assumed the additional role of general counsel in
April 2003 and was promoted to her
current role in September 2006.
"Neil, Karen and I are pleased to be remaining at the helm of
GCG for the foreseeable future," Isaac said. "Clients, shareholders
and employees alike should know that we remain committed to growing
GCG and maintaining our leadership position in the markets we
serve. We look forward to continuing to build on GCG's tradition of
quality and first-class service."
GCG has been engaged in many high-profile matters, including the
General Motors bankruptcy, the $6.15
billion WorldCom settlement, the $3.05 billion Visa/MasterMoney Antitrust
settlement, the $3.4 billion Native
American Trust Settlement and the $20
billion Gulf Coast Claims Facility.
About Crawford
Based in Atlanta, Ga., Crawford
& Company (www.crawfordandcompany.com) is the world's largest
independent provider of claims management solutions to the risk
management and insurance industry as well as self-insured entities,
with an expansive global network serving clients in more than 70
countries. The Crawford System of Claims Solutions(SM) offers
comprehensive, integrated claims services, business process
outsourcing and consulting services for major product lines
including property and casualty claims management, workers
compensation claims and medical management, and legal settlement
administration. The Company's shares are traded on the NYSE under
the symbols CRDA and CRDB.
SOURCE Crawford & Company