Bermudian reinsurer Validus Holdings is to lose a long-serving director on its board. Sander Levy has resigned and will step down on 2 May.
Levy, a managing director of private equity firm Vestar Capital Partners, had been on the board since the reinsurer was created in 2005.
Meanwhile, Validus promoted Jonathan Ritz from his role as executive vice president, business operations, to the new title of executive vice president and chief operating officer, effective immediately.
Ritz has been with the...
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