board of directors News
Avis CEO De Shon to Join Hartford’s Board Upon Retirement
The soon-to-be-retired CEO of global rental car giant Avis Budget Group is joining The Hartford's board of directors. Larry De Shon takes on his new role as of Feb. 19, 2020 and he will serve on The ...
Former AIA Leader Pusey Nominated to Join W.R. Berkley Corp. Board
Veteran property/casualty insurance industry lobbyist Leigh Ann Pusey has been nominated to join the board of directors at W.R. Berkley Corp. The commercial lines insurer and reinsurer disclosed that ...
Icahn’s AIG Board Rep Won’t Seek New Term
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc, will not seek re-election to the post at the insurer's annual meeting in May, the company ...
Ex-AIG CFO Herzog Named to MetLife Board
MetLife Inc., the largest U.S. life insurer, elected David Herzog, the former chief financial officer of American International Group Inc., to its board of directors. The addition brings the total ...
Board Tech Inexperience Hampers Insurer IT Embrace: Novarica
Insurers speak loudly these days about embracing information technology as a tool to help grow their businesses. It turns out, however, that there is a disconnect: Their boards of directors are often ...
Bigger Bonuses During Crises Can Aid Company Survival, Study Concludes
It may seem counterintuitive. But when a company is in crisis, more executive bonuses (at least of a certain type) might help promote a longer-term rebound and financial success. With that in mind, ...
Travelers Increases Board to 12 Members; Ruegger Named a Director
Travelers Cos., the only insurer in the Dow Jones Industrial Average, increased the number of directors on its board from 11 to 12. The board elected Philip T. Ruegger III as a director, the insurer ...
German Companies Told No Exceptions to Board Gender Quotas
German listed companies will be granted no exceptions to a 30 percent women's quota for supervisory boards by 2016, said Manuela Schwesig, the minister responsible for drafting the legislation. ...