Cynthia Trudell to Join RenaissanceRe Holdings Ltd. Board of Directors
February 07 2019 - 4:15PM
Business Wire
RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that
Cythnia Trudell, 65, has been nominated to serve as an independent
director of the Company, and that Edward J. Zore, 73, will retire
from the Board at the end of his term, each to occur in conjunction
with the Company’s Annual General Meeting of Shareholders
in May 2019. Ms. Trudell most recently served as Executive
Vice President and Chief Human Resources Officer of PepsiCo, Inc.,
and previously served in a number of executive and management
positions with General Motors Corporation and Brunswick
Corporation, including as chairwoman and president of Saturn
Corporation, president of IBC Vehicles and president of Sea Ray
Group.
Kevin J. O’Donnell, President and Chief Executive Officer of
RenaissanceRe, said, “The entire RenaissanceRe executive team and
my fellow directors are delighted by the nomination of Cynthia. Her
distinguished background as a chief executive and as a leader of
organizational talent across industries confronting change, as well
as her experience as a director in financial services, is ideal for
our Company at this time. We are also pleased to recognize Ed for
his distinguished service. Ed’s industry experience, investment
acumen and general wise counsel have been invaluable to me and my
team. We thank Ed for his service, and look forward to welcoming
Cynthia.”
James L. Gibbons, non-Executive Chair of RenaissanceRe added,
“The entire RenaissanceRe Board is pleased to nominate Cynthia for
election by our shareholders. We are confident that Cynthia’s broad
experience as a chief executive, as an operating manager, and as a
chief human resources officer of a leading global enterprise will
support the Board’s oversight at a time when the Company’s organic
and inorganic growth is expanding its operational footprint and
breadth of client services significantly. Cynthia’s expertise and
proven experience in Board leadership will contribute significantly
to our stewardship of the organization on behalf of all of our
shareholders.”
Mr. Gibbons further said, “The Board is also grateful for Ed’s
service and leadership across three full terms as a director. Ed’s
contributions across each of our committees and with the full Board
were significant, reflecting both his distinguished prior career as
an insurance industry leader, and his leadership in corporate
governance, reflected in his recent recognition by the National
Association of Corporate Directors in their 2017 list of
the Most Influential Leaders in Boardrooms and in Corporate
Governance. We wish Ed all the best in his retirement, and welcome
Cynthia to our Board.”
From 2011 until her retirement in September 2017, Ms. Trudell
served as Executive Vice President and Chief Human Resources
Officer of PepsiCo, Inc. (“PepsiCo”), having served as Senior Vice
President and Chief Personnel Officer of PepsiCo from 2007 to 2011.
Prior to her tenure at PepsiCo, Ms. Trudell held a number of
executive operating and general management positions with General
Motors Corporation from 1981 to 2001, and with Brunswick
Corporation from 2001 to 2006, including chairwoman and president
of Saturn Corporation, president of IBC Vehicles and president of
Sea Ray Group. Since 2015, Ms. Trudell has served on the board of
ISS A/S, a global facility services provider based in Denmark and
publicly traded on the NASDAQ OMX Copenhagen, where she currently
serves as a member of the Remuneration Committee and the Nomination
Committee. Since 2013, she has served as a member of the Defense
Business Board, which provides business advice to the U.S.
Department of Defense. She also served on the boards of PepsiCo
from 2000 to 2007, Canadian Imperial Bank of Commerce from 2005 to
2008 and The Pepsi Bottling Group, Inc. from 2008 to 2010.
About RenaissanceRe
RenaissanceRe is a global provider of reinsurance and insurance
that specializes in matching well-structured risks with efficient
sources of capital. The Company provides property, casualty and
specialty reinsurance and certain insurance solutions to customers,
principally through intermediaries. Established in 1993, the
Company has offices in Bermuda, Ireland, Singapore, Switzerland,
the United Kingdom and the United States.
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Investors:RenaissanceRe Holdings Ltd.Keith McCueSenior
Vice President, Finance & Investor
Relations441-239-4830Media:RenaissanceRe Holdings Ltd.Keil
GuntherVice President, Marketing &
Communications441-239-4932Kekst CNCDawn Dover212-521-4800
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