Attached files
file | filename |
---|---|
8-K - FORM 8-K - ASPEN INSURANCE HOLDINGS LTD | u11580e8vk.htm |
Exhibit 99.1
Hamilton, Bermuda November 17, 2011 Aspen Insurance Holdings Limited (Aspen or the
Company)) (NYSE: AHL) today announced that the Companys Board of Directors (the Board) has
appointed Mr. Ron Pressman to the Board in a non-executive capacity with immediate effect. Mr
Pressman has also been appointed to the Companys Compensation and Investment Committees.
Mr. Glyn Jones, Chairman of the Board commented: I am delighted that Ron has agreed to join
Aspens board of directors. Ron brings with him a wide range of experience from his time at
General Electric, having held senior executive positions both within and outside of the insurance
industry. We are delighted that these skills will now be available to our board and look forward to
working with Ron in the future.
Mr. Pressman worked at General Electric Corporation (General Electric or GE) for over 30 years.
As President and CEO of GE Capital Real Estate, he led one of the worlds largest and most
diversified commercial real estate finance and investment firms, with a presence in 35 countries
and a portfolio of more than $85 billion in assets. During his time at GE, Mr Pressman also served
as President and Chief Executive Officer of GE Asset Management and Chairman, CEO and President of
Employers Reinsurance. Earlier in his career Mr. Pressman led GEs Energy businesses in Europe,
the Middle East, Africa, Southwest Asia and the United States.
Mr. Pressman has a bachelors degree from Hamilton College and serves the College as a Charter
Trustee. He also serves as Chairman of the national board of A Better Chance, a non-profit
organization which opens doors to leadership development for children of color in the United
States and as a Director of Pathways to College, a non-profit that delivers college preparatory
skill building to underserved populations in some of the toughest urban and rural districts in the
US. Mr Pressman has also recently been appointed to the Board of New York Life Insurance Company.