USF&G names chief

November 26, 1990

Norman P. Blake, 49, once picked by Fortune magazine as a coveted U.S. business leader, today was named head of USF&G Corp. He replaces Jack Moseley, 59. The Baltimore-based insurance and financial services company announced Moseley's retirement Nov. 7, along with a $75 million cost-cutting program.

Since 1984, Blake has been chairman and chief executive officer of Heller International Corp. of Chicago, a financial services subsidiary of Fuji Bank Ltd., of Tokyo.

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