AXIS CFO David Greenfield To Resign

August 31, 2010

mn-greenfieldBermuda-based AXIS Capital Holdings Limited announced that Executive Vice President and Chief Financial Officer David Greenfield will resign from his position, effective November 30, 2010. The Company has initiated a search for a successor to Mr. Greenfield, who joined AXIS Capital in August 2006. Prior to joining AXIS, Mr. Greenfield was a partner with KPMG LLP, which he joined in 1984, serving clients in the financial services industry. His 2009 compensation is listed by Forbes at just under $2 million.

John Charman, Chief Executive Officer and President of AXIS Capital, said: “David has been a valued member of our Executive Management Group for the past four years. During this time, he has successfully directed financial strategy at the Company and led the further development of our accounting, control, financial reporting, financial planning, tax and treasury functions. We thank David for his many contributions to AXIS Capital during the last four years and wish him well in his future endeavors.”

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at June 30, 2010 of $5.5 billion and locations in Bermuda, the United States, Europe, Singapore, Canada and Australia.

[Photo via AxisCapital.com]

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