James Michener to Become Senior Advisor to Assured Guaranty CEO
November 02 2017 - 5:07PM
Business Wire
Ling Chow Will Succeed Him as General
Counsel and Secretary
James Michener, General Counsel and Secretary of Assured
Guaranty Ltd. (NYSE:AGO)(together with its subsidiaries, Assured
Guaranty or the Company) will become Senior Advisor to Chief
Executive Officer, Dominic Frederico, effective January 1, 2018.
Ling Chow, currently the General Counsel for the Company’s U.S.
subsidiaries, will become General Counsel and Secretary of Assured
Guaranty Ltd. on that date. Mr. Michener will continue in his
current position until the end of 2017.
“Jim Michener and Ling Chow have worked closely together for
many years, ensuring a smooth transition,” said Mr. Frederico.
“Ling has demonstrated the kind of capability and leadership that
can help drive Assured Guaranty’s future expansion and strategy.
During his tenure at Assured Guaranty, Jim has made many
significant contributions to the Company’s sizeable growth, and we
will benefit greatly from his advice, insight and knowledge during
2018.”
Mr. Michener has been with the Company since its initial public
offering in 2004 and has been instrumental in Assured Guaranty
becoming the leading financial guaranty insurer. He has been
responsible for a number of important initiatives, spearheading the
FSA, Radian Asset Assurance, CIFG and MBIA UK acquisitions from a
legal perspective, managing litigation and workout activities
relating to a number of distressed structured finance and U.S.
public finance credits, completing settlements with residential
mortgage-backed securities providers, and obtaining regulatory
approvals that allowed the Company to manage its capital more
efficiently.
Ling Chow has over 15 years of experience as an attorney with
the Company. In addition to serving as U.S. General Counsel, she is
also the Company’s head corporate attorney. Previously, she worked
as a corporate lawyer at three New York City law firms. Ms. Chow is
a graduate of Harvard College and the NYU School of Law.
Cautionary Statement Regarding Forward-Looking
Statements
Any forward-looking statements made in this press release
reflect Assured Guaranty’s current views with respect to future
events and are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such statements
involve risks and uncertainties that may cause actual results to
differ materially from those set forth in these statements. These
risks and uncertainties include risks and uncertainties that have
not been identified at this time, management’s response to these
factors, and other risk factors identified in Assured Guaranty’s
filings with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are made as of November 2, 2017. Assured Guaranty
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
Assured Guaranty Ltd. is a publicly traded Bermuda-based holding
company. Its operating subsidiaries provide credit enhancement
products to the U.S. and international public finance,
infrastructure and structured finance markets. More information on
Assured Guaranty Ltd. and its subsidiaries can be found at
AssuredGuaranty.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171102006833/en/
Assured Guaranty Ltd.Robert Tucker, 212-339-0861Senior Managing
Director, Investor Relations and Corporate
Communicationsrtucker@agltd.comorMedia:Ashweeta Durani,
212-408-6042Vice President, Corporate
Communicationsadurani@agltd.com
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