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21 May 2012

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Greenlight Re confirms new CEO

2 May 2011

Hedge fund owned reinsurer Greenlight Re said its chief underwriting officer Bart Hedges will become CEO on the 15 August.

Hedges will replace the current incumbent Len Goldberg following his planned retirement at the Cayman Island reinsurer which is controlled by David Einhorn's hedge fund, Greenlight Capital.

Einhorn - who made millions of dollars shorting Lehman Brothers before the scale of its problems became apparent - said in a statement: "Greenlight Re is staffed with a small team of highly...


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