Greenlight Capital Re, a Cayman Islands-based specialist property and casualty reinsurance company, has tapped industry veteran Simon Burton to become its new chief executive officer. Burton will take the reins at the company starting July 01 and will succeed interim CEO Leonard Goldberg, who will remain on the company’s board of directors.
“Following a comprehensive search process, we identified Simon as the clear choice to bring Greenlight Re to its next phase of growth,” said David Einhorn, chairman of the board. “Given his more than 20 years of insurance and reinsurance experience, and his proven track record building profitable underwriting platforms, Simon will be a terrific leader for our team. We are thrilled that Simon accepted our offer.”
Burton was previously CEO of SAC Re, a role he served in from the inception of the company until its sale to Hamilton Insurance Group. He has also served in a number of roles at
Lancashire Group, including deputy CEO and CEO of
Lancashire’s Bermuda subsidiary.
“I am very excited to be joining Greenlight Re, and am appreciative of David and the board for this opportunity,” Burton said. “Greenlight Re has tremendous talent and an excellent platform. I am looking forward to leading the company, to profitably grow the business, and to help maximize shareholder value over the long term.”
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