SiriusPoint Announces Jim McKinney as Chief Financial Officer
SiriusPoint, a global specialty insurer and reinsurer (NYSE: SPNT), has appointed Jim McKinney as Chief Financial Officer, effective June 3, 2024. McKinney brings over 20 years of experience, having previously served as CFO at Kemper and Banc of California. He has a track record of creating high-performing finance functions and leading transformations for growth. McKinney will report to CEO Scott Egan and join SiriusPoint's Executive Leadership Team. The current CFO, Steve Yendall, will be succeeded by McKinney and leaves with the company's best wishes.
- Jim McKinney brings 20+ years of experience as a CFO, potentially enhancing financial strategy and operations.
- McKinney's history of leading companies through growth-focused transformations could drive SiriusPoint's long-term success.
- Jim McKinney's appointment could signal stability and confidence to investors.
- SiriusPoint continues to enhance its Executive Leadership Team, which may positively impact company performance.
- Transitioning to a new CFO may temporarily disrupt financial operations.
- The departure of current CFO Steve Yendall might introduce uncertainty in the short term.
- Potential costs associated with leadership changes may affect short-term financials.
HAMILTON, Bermuda, May 23, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024.
Throughout his 20+ year career, Jim has established a track record as a publicly listed CFO and for creating high performing finance functions. He has also played an instrumental role in leading companies through transformations to position them well for growth.
Jim will report to Chief Executive Officer, Scott Egan, as a member of SiriusPoint’s Executive Leadership Team. Commenting on his appointment, Scott said: “Jim’s deep and broad experience as a publicly listed CFO, and his understanding of operational excellence and transformation will be invaluable as we continue to improve our performance and execute our plans to deliver our ambition of being a best-in-class insurer and reinsurer.”
Jim was most recently the Executive Vice President and Chief Financial Officer of Kemper Corporation, where he led all aspects of its financial operations, including accounting, treasury, tax, financial planning and analysis, and internal audit. Prior to joining Kemper, Jim was Executive Vice President, Chief Financial Officer for Banc of California, and held various senior positions at organizations which include International Lease Finance Corporation and RBS Citizens Asset Finance.
Jim replaces current SiriusPoint Chief Financial Officer, Steve Yendall. Scott Egan said: “We thank Steve for his leadership of our finance function over the last 18 months. He leaves with our best wishes for the future.”
About SiriusPoint
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With over
SiriusPoint Contacts
Investor Relations
Dhruv Gahlaut, Head of Investor Relations and Chief Strategy Officer
Dhruv.gahlaut@siriuspt.com
+44 7514 659 918
Media
Sarah Hills, Rein4ce
Sarah.hills@rein4ce.co.uk
+ 44 7718882011
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