Claims administrator York Risk Services Group, in Parsippany, announced Wednesday the promotion of Rick Taketa to the position of president.
According to the announcement, Taketa will continue to serve as Chief Operating Officer. In his expanded role, Taketa will have responsibility for all operational, financial and customer-facing activities for the company.
In addition to his prior role as chief operating officer, Taketa was president, commercial business for York Risk Services Group and also served as York's chief strategy officer. Taketa joined York from Southern California Risk Management Associates, where he served as the Chief Executive Officer. Previously, he was a co-founder and managing director of a private investment group and a corporate securities lawyer, the company said in a statement.
The company named a new vice president in November.