Dwyer Resigns From Montpelier Re Board
Bermuda-based Montpelier Re Holdings Ltd. announced that Clement S. Dwyer, Jr. has advised the Company of his decision to resign from the Company’s Board of Directors effective September 30, 2011. Mr. Dwyer has served on the Board since 2006.
Montpelier also announced that the Board has appointed Michael R. Eisenson to fill the vacancy resulting from Mr. Dwyer’s resignation, effective September 30, 2011.
Mr. Eisenson is currently the Chief Executive Officer and a Managing Director of Charlesbank Capital Partners, LLC, a private equity firm located in Boston, Massachusetts. Mr. Eisenson is also a director of BlueKnight Energy Partners, CIFC Corp. and Penske Auto Group.
Charlesbank currently controls approximately 9.3% of the Company’s outstanding common shares.
Christopher L. Harris, President and CEO of Montpelier, said: “We are grateful to Clem for his many years of wise counsel and support and we wish him every success in the future. We are also pleased to welcome Mike Eisenson to our Board as our newest director.”
