Zenith Hires Pattiz as Exec. VP for $500K Salary

Zenith National Insurance Co. announced Thursday that the registrant's board of directors elected Davidson M. Pattiz an executive vice president of the registrant and designated him an executive officer. The appointment took effect on Tuesday. Pattiz since Sept. 12 has serveed as executive vice president of Zenith Insurance Co. He'll be paid $500,000 annually in the new position and be eligible for bonuses under the company's executive officer bonus plan, Zenith said in a press release. Pattiz's employment agreement runs until Oct. 31, 2009. He'll receive any annual pay increases approved ...