Weston M. Hicks Elected to the White Mountains Board
White Mountains Insurance Group, Ltd. (NYSE: WTM) announced the election of Weston M. Hicks as a director on its Board.
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Rhea-AI Summary
White Mountains Insurance Group, Ltd. (NYSE: WTM) announced the election of Weston M. Hicks as a director on its Board. Hicks, who previously served as President and CEO of Alleghany Corporation, has extensive experience in the insurance sector and has also held board positions at both Alleghany and AllianceBernstein Corporation. CEO Manning Rountree expressed enthusiasm for Hicks' appointment, stating it will be a significant asset for the company. White Mountains operates as a financial services holding company based in Bermuda.
Positive
- Weston M. Hicks brings extensive insurance industry experience to the Board.
- Hicks' background includes leadership roles at Alleghany Corporation and AllianceBernstein Corporation, enhancing the company's governance.
Negative
- None.
Details
News Market Reaction – WTM
The recorded move for WTM in the trading session of this news was +0.07%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAMILTON, Bermuda, Feb. 23, 2023 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Weston M. Hicks as a director of the Company.
Mr. Hicks was formerly the President and CEO of Alleghany Corporation. He previously has served on the boards of Alleghany Corporation and AllianceBernstein Corporation.
CEO Manning Rountree said, "We are delighted to welcome Weston to our Board of Directors. His long career in the insurance industry is especially relevant to White Mountains and will greatly benefit our owners."
About White Mountains
White Mountains is a Bermuda-domiciled financial services holding company traded on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol WTM.
CONTACT: Rob Seelig
(603) 640-2212
View original content:https://www.prnewswire.com/news-releases/weston-m-hicks-elected-to-the-white-mountains-board-301753843.html
SOURCE White Mountains Insurance Group, Ltd.
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