Axis Capital Appoints W. Marston Becker
AXIS Capital announced that W. Marston [Marty] Becker will succeed Henry B. Smith as non-executive Chair of its Board of Directors.
A spokesperson said, “Mr. Smith, who has served as Chair since May of 2020, has decided to transition from the Chair role and will continue to maintain a seat on the Board. The transition will take place in May of 2024, timed to the Company’s Annual General Meeting.”
“There is no better individual to succeed me as Chair of the AXIS Board of Directors than Marty Becker. Over the past four years, the Company has benefitted enormously from Marty’s wisdom, and deep understanding of the specialty property and casualty space,” said Mr. Smith. “Marty brings first-hand experience leading carriers to transform their businesses while driving shareholder value creation. His guidance as Chair will be integral as AXIS takes further steps forward in realizing its ambition to achieve specialty leadership.”
The spokesperson said, “Mr. Becker, who joined the AXIS Board of Directors in June of 2020, has led a distinguished career in the [re]insurance industry spanning four decades. He has held numerous Chair and CEO roles for publicly traded and private insurance, reinsurance, and insurance brokerage organizations in Bermuda, the United Kingdom, the United States, and Australia.”
“On behalf of the entire Board, thank you to Henry Smith for his tremendous leadership these past four years as our Chair, which marked a period of significant positive transformation for AXIS,” said Mr. Becker. “It is a privilege to succeed Henry as Chair, and to continue to serve with him, as we further support the significant progress that AXIS has made in elevating all aspects of its business. Under CEO Vince Tizzio, the Company is headed on a strong path and I look forward to working closely with Vince and my fellow Directors, as well as the AXIS team to continue to build on the exciting momentum that has been achieved.”
“Our team at AXIS is deeply appreciative of Henry for his leadership as Chair and continued service on our Board. Moreover, I have tremendous gratitude for Henry’s support and counsel as I transitioned into the CEO role,” said Mr. Tizzio. “I look forward to working closely with Marty in his new capacity, and our leadership team will profit significantly from his counsel and expansive knowledge of our industry.”
