ORI Promotes Nard to Prez/CEO Post

Old Republic International Corp., Chicago, has promoted Chris Nard to president and chief executive of its mortgage guaranty group of companies and to senior vice president-mortgage guaranty of the parent company.He succeeds Bill Simpson, who will remain as chairman of the mortgage guaranty subsidiaries, the largest being Republic Mortgage Insurance Co. Mr. Nard, Mr. Simpson and vice chairman Jimmy Dew make up a three-person mortgage guaranty office of the chief executive officer. ORI also is creating its own office of the chief executive officer. Mr. Nard has been named as a member of this group, as has Rande Yeager, senior vice president-title insurance (who also serves as president and chief executive of the title insurance group).