Markel Corporation said that Jed Rhoads, president and chief underwriting officer of Markel’s Global Reinsurance Division, is retiring at the end of 2022.
Rhoads has been in the industry for more than 40 years, and throughout his career has held executive positions with several organizations. He joined Markel in 2013 as part of its acquisition of Alterra Capital Holdings Limited. Prior to Markel, he was president and CUO of Alterra. He also recently served as chair of the board of directors of the Reinsurance Association of America (RAA).
“Markel is fortunate to have benefited from Jed’s industry knowledge, leadership experience, and relationships throughout the industry,” said Richie Whitt, Co-CEO of Markel. “He has helped us build a strong team with deep underwriting and leadership talent. We are thankful for his contributions and leadership in positioning us for the future.”
Markel said that upon Rhoads’ retirement, Don Bahr will be promoted to president, Global Reinsurance, and Tod Costikyan will be promoted to chief underwriting officer, Global Reinsurance. Both Bahr and Costikyan joined Markel as part of the Alterra acquisition in 2013.
PartnerRe Ltd. has appointed Abina Kealy as chief financial officer, effective Sept. 6, 2022.
Formerly PartnerRe’s chief accounting officer, Kealy will become a member of PartnerRe’s Executive Leadership Team and assume executive responsibility for Finance functions across the group.
Kealy succeeds Nick Burnet, CFO and EVP, who will be leaving the company to pursue other opportunities. Burnet will continue at PartnerRe until year-end to support the transition process and in a consultancy capacity through February 2023.
Kealy joined PartnerRe in 2009. Based predominantly in Dublin, she has held a number of senior finance roles, most recently chief accounting officer responsible for all external reporting for the PartnerRe Group. Prior to that she was CFO of Europe & APAC and controller for the P/C business unit and head of Group Planning within the Financial Planning & Analysis department.
Since 2019, Kealy has headed up PartnerRe’s implementation program for the new insurance accounting standard, IFRS17. She will continue to be based in PartnerRe’s Dublin office.
USAA has named Lindsey O’Neill to an expanded role as senior vice president and chief communications and corporate responsibility officer.
O’Neill, who was named as vice president and chief communications officer in 2020, will now have additional responsibilities leading the company’s corporate responsibility function, including The USAA Foundation Inc. and The USAA Educational Foundation. Since joining USAA in 2014, she has held numerous leadership roles including employee communications, public relations, chief of staff to the CEO and, most recently, VP of corporate communications.
Tara Leweling, who joined the company earlier this year to lead environmental, social and governance (ESG), will serve in an expanded role as vice president and chief diversity and sustainability officer. She will lead enterprise-wide diversity, inclusion and sustainability initiatives to drive meaningful impact for USAA’s employees, members and communities.
Leweling served nearly 22 years in the U.S. Air Force, including the U.S. Mission to NATO and National Security Council. She then transitioned to the private sector as a leader in financial services with roles in public affairs, corporate responsibility and sustainability at large banks and insurers.
Both executives will report to Ameesh Vakharia, USAA’s chief strategy and brand officer. They will work with teams across the organization to create programs that boost innovation, increase empathy and empower employees to better serve members and their communities.