Hunter To Retire From Allied World Board
Allied World Assurance Company Holdings, AG announced that Scott Hunter will retire from Allied World’s Board of Directors effective as of April 30, 2015 and will not be a nominee for reelection at the company’s 2015 Annual Shareholder Meeting, which is scheduled to occur on the same date. With Mr. Hunter’s retirement, the Board will include seven directors.
Mr. Hunter joined the Board in March 2006 and during his tenure has served as the Chair and Co-Chair of the Audit Committee and as a member of the Compensation, Enterprise Risk, Investment and Nominating & Corporate Governance Committees. Mr. Hunter will remain on the Board of Directors of Allied World Assurance Company [Europe] Limited, the company’s Irish insurance subsidiary.
“Scott Hunter’s industry knowledge, and particularly his insights into corporate finance and accounting matters, contributed valuably to our Board discussions, and we’ll miss his advice and wisdom along the way” said Allied World President, Chief Executive Officer and Chairman of the Board Scott Carmilani.
“He played an important role in our development during a period which included our initial public offering and our growth into a global specialty insurance and reinsurance company. We thank him for his service.”
