HAMILTON, Bermuda, May 25, 2023
/PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE:
WTM) today announced that Weston M.
Hicks has been elected Chairman of the Board. Mr.
Hicks replaces Morgan Davis, who has
retired from the Board effective today.
Weston Hicks said, "I am honored
to assume the Chairmanship of this unique and wonderful company.
The entire Board thanks Morgan for his leadership as our Chairman
for the past six years, for his 17 years of service as a director,
and for the tremendous value he has created for owners across many
roles and over many decades, from Fireman's Fund to the
present."
Manning Rountree, Chief Executive Officer added, "For the past
20 years, Morgan has been a valued and trusted partner and a mentor
to me. I will miss his wise counsel, common sense and good
humor, and I extend my deepest gratitude and appreciation. We
wish Morgan and his wife Sandy all the best in the future."
Mr. Rountree continued, "The Board and the management team look
forward to working with Weston in his expanded role. Weston
is a perfect fit for White Mountains with his broad experience and
deep understanding of all aspects of our business."
Additional Information
White Mountains is a Bermuda-domiciled financial services holding
company traded on the New York Stock Exchange under the symbol WTM
and on the Bermuda Stock Exchange under the symbol WTM.BH.
Additional financial information and other items of interest are
available at the Company's web site located at
www.whitemountains.com.
CONTACT:
Rob Seelig
(603)
640-2212
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SOURCE White Mountains Insurance Group, Ltd.