Saga picks former Co-op exec as new chief in bid to turn fortunes around

Over-50s specialist insurer Saga has announced that chief financial officer Mike Hazel will replace Euan Sutherland as chief executive effective immediately. Hazel was CFO at The Co-op Group before joining Saga in October and had previously been with Debenhams for almost 12 years. Mark Watkins will replace Hazel as CFO So-called claims inflation of around [...]