AUSTIN, Texas–(BUSINESS WIRE)–Continental General Insurance Company (together with its affiliates, “Continental”), which serves approximately 125,000 customers across the long-term care, life insurance, annuity and supplemental health insurance categories, today announced the appointment of Michael Gorzynski as Executive Chairman, effective immediately. Mr. Gorzynski is also a member of the board of directors and executive committee of HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), which is the parent company of Continental.
Mr. Gorzynski has two decades of experience operating across the capital markets, investment management sector and insurance industry as an analyst, investor and executive. Prior to forming MG Capital Management, which is his New York-based investment firm, Mr. Gorzynski invested in special situations globally at Third Point LLC, an asset management firm in New York. He began his career at Credit Suisse First Boston in the investment banking division and at Spectrum Equity Investors, a private equity firm in Boston.