Argo
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Helen Donegan’s appointment follows the recruitment of an EMEA CUO from RSA last month.
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Earlier this week Voce slammed Argo’s “laconic response” to allegations of corporate expenses misuse. -
Argo insists its appointment of two directors in late February were legitimate.
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Activist investor has responded to Argo’s proxy statement.
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The Bermuda carrier responds to the activist's attempt to replace directors including chairman Gary Woods.
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Alfredo Alonso will join the carrier this month and report to group head of international operations Matt Harris
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I always feel a twinge of sympathy whenever I see yet another executive team such as Argo’s put in the crosshairs of activist investors.
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Voce’s criticisms of Argo and its CEO Mark Watson coming under scrutiny.
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Voce said none of its nominees have business or financial entanglements with the investment firm.
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The New York-listed (re)insurer has retained Bank of America Merrill Lynch to advise.
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Argo highlighted its “qualified and engaged” board of directors on the heels of criticism from Voce.
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The investor went public with criticism after seeing additions to the Bermudian (re)insurer's board, a classic activism defence.
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