Andersen Group adds two senior executives to its board

Andersen Group Inc. (NYSE: ANDG) has appointed Daniel DePaoli and Peter Coscia to its Board of Directors, according to a press release from the company.

Both appointees have held senior leadership positions at Andersen since 2002. DePaoli, who oversees a significant portion of the firm's operations, has more than 30 years of professional services experience and previously served as a tax partner at Arthur Andersen. He holds degrees from Hamilton College and the University of Hartford.

Coscia oversees operations across the eastern United States and Caribbean, including a prior role as Managing Director of Andersen's Metro New York office. He has more than 35 years of experience and previously held positions at Arthur Andersen and Deloitte. He holds degrees from Pace University and Brooklyn Law School.

Mark L. Vorsatz, Chairman and CEO of Andersen Group, commented on the appointments: "Dan and Peter have been instrumental in building Andersen into the organization it is today. Their deep operational experience and understanding of our business complement the considerable financial, governance and strategic expertise of our outside directors."

The company said the additions are intended to align board oversight with its strategic priorities, which include organic growth, acquisitions and expansion of its global professional services platform.

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