HAMILTON, Bermuda, Dec. 2, 2021 /PRNewswire/ -- White Mountains
Insurance Group, Ltd. (NYSE: WTM) announced today
that Liam P. Caffrey will become its Chief Financial
Officer on March 1, 2022. Mr. Caffrey currently serves
as a consultant to a subsidiary of the Company. Previously,
Mr. Caffrey spent nine years at Aon plc, most recently as CEO of
Aon Affinity and global CFO of Aon Risk Solutions. Before Aon, Mr.
Caffrey was a partner with McKinsey & Company.
Reid T. Campbell, White
Mountains's current Chief Financial Officer, will become President
of White Mountains on March 1, 2022
and will serve in that role until his retirement in February
2024. In his role as President, Mr. Campbell will maintain
all his current executive duties other than his responsibilities as
Chief Financial Officer. In addition, Mr. Campbell will
continue to serve as a director of Build America Mutual Assurance
Company and Ark Insurance Holdings Limited.
G. Manning Rountree, White Mountains's Chief Executive Officer
said, "We are pleased to announce Liam's hiring as CFO and Reid's
transition to the role of President. Liam is a seasoned
leader with over 20 years of experience in senior business,
finance, operations and consulting roles, who will add great value
to White Mountains. As President, Reid will continue to
provide important leadership to the Company and will serve as a key
resource for Liam and the finance, accounting and audit teams."
ADDITIONAL INFORMATION
White Mountains is a Bermuda-domiciled financial services holding
company traded on the New York Stock Exchange and the Bermuda Stock
Exchange under the symbol "WTM". Additional financial information
and other items of interest are available at the Company's web site
located at www.whitemountains.com.
FORWARD-LOOKING STATEMENTS
The foregoing press release contains "forward-looking statements"
such as those that state what individuals will do or what roles
they will serve in. The Company intends such statements to be
covered by the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. The Company cannot promise
that its expectations in such forward-looking statements will turn
out to be correct because they are subject to factors beyond its
control, including competitive labor markets and the conduct of
individuals.
CONTACT: Todd Pozefsky
(203) 458-5807
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SOURCE White Mountains Insurance Group, Ltd.