Derek Ferrendelli
About Derek Ferrendelli
Derek Ferrendelli serves as the Chief Financial Officer at CNA National, bringing over two decades of experience in finance and strategy from various leadership roles in the insurance sector.
Current Role at CNA National
Derek Ferrendelli serves as the Chief Financial Officer at CNA National Warranty Corporation, a position he has held since 2023. In this role, he leads the Finance Organization, focusing on financial strategy and performance. His current work is based in Scottsdale, Arizona, where he is responsible for overseeing financial operations and enhancing the skills of finance teams.
Previous Experience at Farmers Insurance
Prior to his current role, Derek Ferrendelli worked at Farmers Insurance for nearly a decade. He held several key positions, including Chief Financial Officer for Personal Lines from 2022 to 2023, and Vice President & Head of Finance, Strategy, and PMO from 2013 to 2022. His tenure at Farmers Insurance included roles as Director of Finance and involvement in Finance and Product Management, contributing to his extensive experience in finance and strategy.
Experience at Zurich Insurance
Derek Ferrendelli served as Vice President & Head of Planning & Performance Management at Zurich Insurance from 2009 to 2013. During this four-year period in Zurich, Switzerland, he was responsible for overseeing planning and performance management within the General Insurance sector, further enhancing his expertise in financial leadership.
Educational Background
Derek Ferrendelli holds a Master's degree in Insurance Management from Boston University Metropolitan College, which he completed from 2019 to 2020. He also earned a Bachelor's degree in Accounting and Finance from the University of La Verne, where he studied from 1994 to 1996. His educational background supports his extensive experience in finance and strategy.
Finance Leadership and Team Development
Derek Ferrendelli has a strong background in leading finance teams and enhancing their skills. His leadership roles across various organizations have equipped him with the ability to develop finance professionals and improve operational efficiency. His focus on team development is a key aspect of his approach to financial management.