MELVILLE, N.Y., June 16 /PRNewswire/ -- The Garden City Group, Inc. (GCG), one of the largest claims administration firms in the country, announced that Stephen Cirami has been promoted to senior vice president of operations. He has been with the firm since 2003 and was previously vice president of East Coast operations.
Based in the New York office, Cirami manages all aspects of hundreds of securities settlements, including high volume securities litigations such as IPO, Tyco International, Royal Ahold and Nortel Networks Corp.
Cirami is a highly sought-after speaker on various topics, including securities class action notice and administration, at national conferences for industry groups such as BDUG (the Bank Depository Users Group) and SIFMA (Securities Industry and Financial Markets Association). In 2009, Cirami spoke at several institutional investor conferences in Frankfurt, Paris and Zurich on the topic of global class action claims administration. On numerous occasions, he has been asked to testify at various court hearings to discuss the claims process and/or claim determinations of GCG.
"Steve has been an asset to GCG since day one and has been a leader by example from the start," said Neil L. Zola, GCG's president and chief operating officer. "His work ethic, understanding of complex issues, steady management style and easy manner with clients all proved invaluable to the continued growth of our company."
In addition to his experience in handling some of the largest and most complex securities settlements of all time, Cirami has overseen all types of other administrations, including dozens of human rights administrations, product liability, antitrust, ERISA, wage and hour, and insurance-related matters.
"It is a pleasure to be part of this diverse team and I thank senior management for this recognition and opportunity," said Cirami. "GCG represents professionalism, dedication and expertise in claims administration and I am proud to be on such a great team."
Before joining GCG, Cirami spent the bulk of his legal career as a class action defense attorney at King & Spalding LLP in New York. Prior to that, he was a litigation associate at Clifford Chance LLP (formerly Rogers & Wells).
Cirami holds a bachelor's degree in psychology from the State University of New York at Albany. He is a cum laude law school graduate from Duke University School of Law, where he earned his juris doctorate. Cirami is a member of the New York Bar Association, the New Jersey Bar Association and the Florida Bar Association.
About The Garden City Group, Inc. (GCG)
The Garden City Group, Inc. (www.gardencitygroup.com), a subsidiary of Crawford & Company, administers class action settlements, designs legal notice programs, manages Chapter 11 administrations and provides expert consultation services.
Based in Atlanta, Georgia, Crawford & Company (www.crawfordandcompany.com) is the world's largest independent provider of claims management solutions to the risk management and insurance industry as well as self-insured entities, with a global network of more than 700 locations in 63 countries. The Crawford System of Claims Solutions(SM) offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers compensation claims and medical management, and legal settlement administration. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB.
SOURCE The Garden City Group, Inc.