Arch Capital Group Ltd. Appoints Dan Houston and Neal Triplett to Board of Directors
Arch Capital Group (NASDAQ: ACGL) has appointed Dan Houston and Neal Triplett to its Board of Directors, effective immediately. Houston, Chairman and CEO of Principal Financial Group®, brings extensive financial services experience. Triplett, President and CEO of Duke University Management Company, offers 25 years of investment management expertise.
John Pasquesi, ACGL Board Chair, emphasized the appointments' role in broadening talent and perspectives. Jack Bunce, Chair of the Nominating and Governance Committee, highlighted Houston's leadership experience and Triplett's investment expertise as valuable additions. CEO Marc Grandisson views these appointments as validation of Arch's status as an emerging global market leader during a transformational growth period.
Arch Capital Group (NASDAQ: ACGL) ha nominato Dan Houston e Neal Triplett nel suo Consiglio di Amministrazione, con effetto immediato. Houston, Presidente e CEO di Principal Financial Group®, porta con sé una vasta esperienza nei servizi finanziari. Triplett, Presidente e CEO di Duke University Management Company, offre 25 anni di esperienza nella gestione degli investimenti.
John Pasquesi, Presidente del Consiglio di ACGL, ha sottolineato il ruolo delle nomine nell'ampliare il talento e le prospettive. Jack Bunce, Presidente del Comitato per le Nomine e la Governance, ha evidenziato l'esperienza di leadership di Houston e l'expertise negli investimenti di Triplett come valori aggiunti. Il CEO Marc Grandisson considera queste nomine come una conferma dello status di Arch come leader emergente del mercato globale in un periodo di crescita trasformativa.
Arch Capital Group (NASDAQ: ACGL) ha nombrado a Dan Houston y Neal Triplett en su Junta Directiva, con efecto inmediato. Houston, Presidente y CEO de Principal Financial Group®, aporta una amplia experiencia en servicios financieros. Triplett, Presidente y CEO de Duke University Management Company, ofrece 25 años de experiencia en gestión de inversiones.
John Pasquesi, Presidente de la Junta de ACGL, destacó el papel de los nombramientos en la ampliación del talento y las perspectivas. Jack Bunce, Presidente del Comité de Nominaciones y Gobernanza, subrayó la experiencia de liderazgo de Houston y la experiencia en inversiones de Triplett como valiosas adiciones. El CEO Marc Grandisson ve estos nombramientos como una validación del estatus de Arch como un líder emergente en el mercado global durante un periodo de crecimiento transformador.
Arch Capital Group (NASDAQ: ACGL)는 즉시 효과를 발휘하는 Dan Houston과 Neal Triplett를 이사회의 멤버로 임명했습니다. Principal Financial Group®의 회장 겸 CEO인 Houston은 금융 서비스 분야에서의 풍부한 경험을 가져옵니다. Duke University Management Company의 사장 겸 CEO인 Triplett는 25년의 투자 관리 경력을 보유하고 있습니다.
ACGL 이사회의 의장인 John Pasquesi는 이 임명의 역할을 인재와 관점을 넓히는 데 있음을 강조했습니다. 지명 및 거버넌스 위원회의 의장인 Jack Bunce는 Houston의 리더십 경험과 Triplett의 투자 전문 지식을 귀중한 추가 요소로 강조했습니다. CEO인 Marc Grandisson은 이 임명을 Arch가 변화의 성장기를 겪는 중에 신흥 글로벌 시장 리더로 자리 잡았다는 것을 확인해 주는 것으로 보고 있습니다.
Arch Capital Group (NASDAQ: ACGL) a nommé Dan Houston et Neal Triplett au sein de son Conseil d'Administration, avec effet immédiat. Houston, Président et CEO de Principal Financial Group®, possède une vaste expérience dans les services financiers. Triplett, Président et CEO de Duke University Management Company, apporte 25 ans d'expertise en gestion d'investissements.
John Pasquesi, Président du Conseil d'ACGL, a souligné le rôle de ces nominations dans l'élargissement des talents et des perspectives. Jack Bunce, Président du Comité des Nominations et de la Gouvernance, a mis en avant l'expérience de leadership de Houston et l'expertise en investissements de Triplett comme des ajouts précieux. Le CEO Marc Grandisson considère ces nominations comme une validation du statut d'Arch en tant que leader émergent sur le marché mondial pendant une période de croissance transformative.
Arch Capital Group (NASDAQ: ACGL) hat Dan Houston und Neal Triplett mit sofortiger Wirkung in seinen Vorstand berufen. Houston, Vorsitzender und CEO von Principal Financial Group®, bringt umfassende Erfahrung im Finanzdienstleistungssektor mit. Triplett, Präsident und CEO der Duke University Management Company, verfügt über 25 Jahre Erfahrung im Investmentmanagement.
John Pasquesi, Vorsitzender des ACGL-Vorstands, betonte die Rolle der Ernennungen bei der Erweiterung von Talenten und Perspektiven. Jack Bunce, Vorsitzender des Nominierungs- und Governance-Ausschusses, hob Houstons Führungserfahrung und Tripletts Expertise im Bereich Investitionen als wertvolle Ergänzungen hervor. CEO Marc Grandisson betrachtet diese Ernennungen als Bestätigung von Archs Status als aufstrebender globaler Marktführer in einer Phase des transformativen Wachstums.
- Addition of two experienced executives to the Board of Directors
- Strengthening of Board's expertise in financial services and investment management
- Validation of company's growth and market position
- None.
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Mr. Triplett is President and CEO of the Duke University Management Company, a nonprofit organization that manages Duke University's endowment. He has been with the company for 25 years and, in his role, oversees a diversified portfolio of assets and works closely with Duke University's leadership to develop and implement investment strategies.
“The Board of Directors regularly assesses the composition of our Board and identifies opportunities to broaden our talent and perspectives,” said John Pasquesi, Chair of the ACGL Board of Directors. “Dan and Neal both boast impressive track records and relevant experience that the Company believes will enhance the Board’s overall experience and capabilities.”
Jack Bunce, Chair of ACGL’s Nominating and Governance Committee said, “We believe Dan’s experience successfully leading a time-honored financial institution through significant growth and transformation will serve as a valuable addition to the Board, while Neal’s investment expertise and deep financial services knowledge will strengthen the depth of the Board’s expertise.”
Marc Grandisson, CEO of ACGL said, “Arch is in a transformational period of growth, with many more exciting milestones on the horizon. I believe Dan and Neal joining our Board further validates our standing as an emerging global market leader. I look forward to working with both of them and the rest of our Board in the years ahead.”
About Arch Capital Group Ltd.
Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed
Cautionary Note Regarding Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward−looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect the Company’s current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements.
Forward−looking statements can generally be identified by the use of forward−looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or their negative or variations or similar terminology. Forward−looking statements involve the Company’s current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including pandemics such as COVID-19; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in
The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward−looking statements attributable to us or persons acting on the Company’s behalf are expressly qualified in their entirety by these cautionary statements. The Company’s forward-looking statements speak only as of the date of this press release or as of the date they are made, and the Company undertakes no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise.
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Media:
Greg Hare ghare@archgroup.com
Stephanie Perez stperez@archgroup.com
Source: Arch Capital Group Ltd.
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