Greenlight Capital Re announced that Simon Burton, the company’s CEO, has informed the board his intention to depart from the company and step down as a director, effective as of December 31. In connection with Burton’s impending departure, Greenlight Re announced that Greg Richardson will be appointed as the company’s new CEO and a member of the board, effective as of January 1, 2024. Burton will serve as an advisor and provide transitional services through April 2024. Richardson previously served as chief risk and strategy officer at TransRe from 2014 to 2023.
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