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Everest's Taranto extends stay at summit

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Joseph Taranto is to reconsider his decision to retire and to remain as chairman and chief executive officer at Everest until the December 2012 in the wake of the resignation of Ralph Jones, president and chief operating officer.

The company confirmed in the summer that Taranto would step down as chief executive officer at the end of this year, to be replaced by Jones at the beginning of 2011. He had planned to stay on as

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