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Everest Group names COO Jim Williamson as acting CEO following Andrade’s departure





Everest Group (NYSE:EG) has announced an immediate change in leadership Jim WilliamsonExecutive Vice President and Group Chief Operating Officer, was named Acting CEO and joined the Company’s Board of Directors. This appointment follows the departure of Juan C. Andrade, who served as President and CEO since 2020, who is leaving the company to become CEO of another financial services company.

Williamson, a 20-year insurance industry veteran, joined Everest as Group COO in 2020 and later expanded his role to lead the reinsurance division in May 2021. Most recently, he was promoted to head of both reinsurance and insurance operations in March 2024. His extensive career includes senior positions at The Hartford, Chubb and ACE in the commercial, specialty and consumer sectors both in the U.S. and internationally.

Everest Group (NYSE:EG) I announced an immediate transition of leadership Jim WilliamsonVicepresidente Esecutivo e Direttore Operativo del Gruppo, Nominato Amministratore Delegato ad interim and he is unisce al Consiglio di Amministrazione dell’azienda. This nomination follows the party of Juan C. Andrade, who served as president and CEO in 2020 and recently left as CEO of another financial services division.

Williamson, a 20-year industry veteran, joined the Everest in 2020 as COO of the group and in May 2021 reinforced his boss who headed the Riassicurazione della repairs since March 2024. Among its major carriers are the locations of the Vertice Press of The Hartford, Chubb and ACE adopted by business, commercial, specialty and consumer lines that do not have Stati units operating in the international live life.

Everest Group (NYSE:EG) I announced immediate shipping, con Jim WilliamsonVicepresidente Ejecutivo and Director de Operaciones del Grupo, appointed CEO Interino and Uniéndose at the Junta Directiva de la Empresa. This name corresponds to the Salida of Juan C. Andrade, who has been President and CEO since 2020 and wants to move to CEO of another financial services company.

Williamson, a 20-year veteran of the security industry, joined Everest in 2020 as group COO and expanded his role to lead the Reaseguro division in May 2021 and Reaseguro como el de Seguros in March 2024. Her extensive career has included high-level cargoes in The Hartford, Chubb and ACE, opened commercial, specialty and consumer lines in Los Angeles. UU. how I reached an international level.

에베레스트 그룹 (NYSE:EG)If you are interested, That is not the caseThe CEO has decided for the future. In 2020, Chairman and CEO C. was established before his opening speech. The CEO and Chairman believe this is the case.

May 20, 2020, 2020, 2020, 2020, 2020, 2020, 2020, 2020, 2020, 2020, 2020, 2020 On May 5, 2021 we created a new version of the new album. Yesterday in 2024, 3 days before the end of 2024. I took a photo for the first time, and I chose ACE와 for a new photo I spent the time with the time, the time I spent, the time I spent with.

Everest Group (NYSE:EG) An immediate directional transition was announced, with Jim WilliamsonExecutive Vice President and Director of Operations of the Group, acting successor to the PDG and successor to the Conseil d’Administration de la Société. This nomination came before his departure by Juan C. Andrade, who became president and PDG in 2020 and stopped making PDG another financial services company.

Williamson, a 20-year veteran of the insurance industry, returned to Everest in 2020 as Groupe COO and assumed his role as Head of Insurance in May 2021 to lead the activities of Réassurance and Assurance in March 2024. His career has spanned an extensive range to positions in the direction of The Hartford, Chubb and ACE, working in the areas of trade, specialization and completion up to the USA at the international level.

Everest Group (NYSE:EG) has announced an immediate change in leadership, with Jim WilliamsonExecutive Vice President and Group Chief Operating Officer, was named interim CEO and joined the company’s Board of Directors. This appointment follows the resignation of Juan C. Andrade, who served as President and CEO since 2020, and is leaving the company to become CEO of another financial services company.

Williamson, a 20-year insurance industry veteran, joined Everest in 2020 as the company’s COO and later expanded his role to lead the reinsurance division in May 2021. Most recently, he was promoted to head of both reinsurance and insurance in March 2024. His extensive career includes leadership roles at The Hartford, Chubb and ACE, spanning commercial, specialty and consumer segments both in the U.S. and internationally.

Positive


  • Seamless leadership transition with experienced internal candidate

  • The new acting CEO brings 20 years of industry experience

  • Continuity is maintained by the existing senior management team

Negative


  • Unexpected departure of current CEO

  • Potential strategic uncertainty during the transition period











Appoints Jim Williamson as Acting Chief Executive Officer

President and CEO Juan C. Andrade is leaving the company

HAMILTON, Bermuda–(BUSINESS WIRE)– Everest Group, Ltd., a leading global underwriting company providing premium property, casualty and specialty insurance and reinsurance solutions, today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer, has been appointed Acting CEO and has accordingly joined Everest’s Board of Directors with immediate effect.

Juan C. Andrade, who has served as President and CEO since 2020, has resigned from his position to accept a new position as CEO of a prominent financial services company.

“The Board has great confidence in Jim and is pleased to have appointed him to lead Everest,” said Board Chairman Joseph Taranto. “His appointment is in line with the Board’s succession planning process and we believe his extensive experience across the insurance and reinsurance sectors, functional areas and geography will add value to stakeholders and position Everest well for the future. Jim will continue to work with an experienced and talented group of senior colleagues, including CFO Mark Kociancic, to achieve Everest’s long-term strategic goals. We also wish Juan all the best in his new position.”

Mr. Williamson has worked in the insurance industry for 20 years and brings a wealth of experience to his new role. After joining Everest as Group COO in 2020, he assumed the expanded role of head of the company’s reinsurance division in May 2021 and was promoted to head of both reinsurance and insurance businesses in March 2024. Over the course of his career – from Everest to The HartfordChubb and ACE – Mr. Williamson has held senior positions in all aspects of the P&C industry, including commercial, specialty and consumer divisions in the U.S. and internationally.

About Everest

Everest is a leading global underwriting company providing world-class property, casualty and specialty reinsurance and underwriting solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global subsidiaries, is committed to creating underwriting opportunities for colleagues, customers, shareholders and communities around the world.

Everest common stock (NYSE: EG) is a component of the S&P 500 index.

For more information about Everest, our people and our products, please visit our website at www.everestglobal.com.

Media: Dawn Lauer

Chief Communications Officer

908.300.7670

Investors: Matt Rohrmann

Head of Investor Relations

908.604.7343

Source: Everest Group, Ltd.








FAQ



Why Did Everest Group (EG) CEO Juan C. Andrade Resign in 2024?

Juan C. Andrade resigned from his position as President and CEO to take on a new role as CEO at another well-known financial services company.


Who is the new acting CEO of Everest Group (EG)?

Jim Williamson, previously executive vice president and group chief operating officer, has been named acting CEO of Everest Group.


What experience does Jim Williamson bring to the role of CEO at Everest Group (EG)?

Jim Williamson brings 20 years of experience in the insurance industry, including senior positions at The Hartford, Chubb and ACE, with expertise in commercial, specialty and consumer lines of business both in the U.S. and internationally.


When did Jim Williamson join Everest Group (EG)?

Jim Williamson joined Everest Group in 2020 as Group COO, later became Head of Reinsurance in May 2021 and was promoted to Head of both Reinsurance and Insurance businesses in March 2024.


What positions did Jim Williamson hold at Everest Group (EG) before becoming acting CEO?

Prior to becoming Acting CEO, Williamson served as Executive Vice President and Group COO and Head of Reinsurance, most recently leading both the reinsurance and insurance businesses.





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