The Everest Group board of directors has named Jim Williamson (pictured) as the company’s president and chief executive officer, effective immediately, according to a company statement.
Williamson, who previously served as the acting CEO, has been with Everest since 2020, holding various leadership roles, including executive vice president, group chief operating officer, and head of the reinsurance and insurance divisions. The Everest Group highlighted that Williamson brings over two decades of experience in the property and casualty (P&C) insurance sector, having held senior positions at industry-leading companies such as The Hartford, Chubb, and ACE.
Chairman of the board Joseph Taranto emphasised Williamson’s leadership capabilities in the announcement, and said: “Over the past four years, Jim has consistently demonstrated sound judgment and value creation at Everest, earning the respect of his colleagues and the Board. Jim’s extensive industry experience, deep knowledge of the company, and outstanding performance make him the right person to lead the next chapter for Everest.”
Williamson expressed his gratitude for the appointment and outlined his vision for the company’s future. “I want to thank the board for this opportunity and their confidence in my ability to lead Everest through a pivotal time in the company’s evolution,” he said. “Everest is uniquely positioned, with exceptional talent and a growing global franchise, to unlock future potential. I look forward to working closely with our board and the entire Everest team as we focus on delivering sustainable value for our shareholders, clients and colleagues.”
Everest is a global underwriting company specialising in property, casualty, and specialty reinsurance and insurance solutions. With over 50 years of experience, the company focuses on disciplined underwriting, capital management, and risk management. Through its global affiliates, Everest provides services to clients, shareholders, and communities. Everest common stock (NYSE: EG) is listed on the S&P 500 index.
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