Edition:
United Kingdom

Argo Group International Holdings Ltd (ARGO.N)

ARGO.N on New York Stock Exchange

60.80USD
5:04pm BST
Change (% chg)

$0.60 (+1.00%)
Prev Close
$60.20
Open
$60.20
Day's High
$60.80
Day's Low
$60.20
Volume
53,182
Avg. Vol
28,574
52-wk High
$64.50
52-wk Low
$49.65

Summary

Name Age Since Current Position

Gary Woods

74 2015 Independent Chairman of the Board

Mark Watson

53 2000 President, Chief Executive Officer, Director

Jay Bullock

53 2018 Chief Financial Officer, Executive Vice President

Kevin Rehnberg

54 2013 President - U.S. Operations

Nigel Mortimer

Executive Vice President - Strategy and Business Development

Mark Rose

2016 Senior Vice President, Chief Investment Officer

Susan Bernstein

47 2013 Senior Vice President - Investor Relations

Robert Katzman

2016 Senior Vice President and Chief Actuary Officer

Alex Hindson

2015 Chief Risk Officer

Gary Grose

2014 Group Producer Management and Marketing Leader

David Harris

2013 Head of Group Performance

Jose Hernandez

52 2016 Head - International

Axel Schmidt

61 2014 Group Chief Underwriting Officer

Phil Vedell

2016 Group Head of Operations

Thomas Bradley

2018 Director

F. Sedgwick Browne

75 2007 Independent Director

Harvey Cash

79 2005 Independent Director

Hector De Leon

71 2003 Independent Director

Mural Josephson

69 2004 Independent Director

Dee Lehane

54 2017 Independent Director

Kathleen Nealon

64 2011 Independent Director

John Power

62 2000 Independent Director

Al-Noor Ramji

63 2017 Independent Director

John Tonelli

53 2010 Independent Director

Biographies

Name Description

Gary Woods

Mr. Gary V. Woods is an Independent Chairman of the Board of Argo Group International Holdings, Ltd. Mr. Woods has been President of McCombs Enterprises, a diversified automotive, energy, real estate and investment holding company, since 1979. He also serves on the boards of directors of the Southwest Research Institute and the San Antonio Cancer Foundation. Mr. Woods brings to the Board an entrepreneurial background with experience in overseeing complex business organizations. As President of McCombs Enterprises, Mr. Woods has successfully funded and promoted numerous growth companies in a diverse array of industries, both domestically and internationally, providing him with the necessary skills and qualifications to serve as the Chairman of the Company’s Board of Directors.

Mark Watson

Mr. Mark Edmund Watson, III., is a President, Chief Executive Officer, Director of the Argo Group International Holdings, Ltd. He has been an investor in the Company since 1998; he became a director in 1999 and has been President and Chief Executive Officer of the Company since January 2000. He has been a principal of Aquila Capital Partners, a San Antonio, Texas-based investment firm since 1998. He served from 1992 to 1997 as a director and Executive Vice President, General Counsel and Secretary of Titan Holdings, Inc., a publicly traded property and casualty insurance holding company. Prior to that, Mr. Watson was an attorney with the New York based law firm Kroll & Tract from 1989 to 1992 where he represented international insurance and reinsurance companies. Mr. Watson is currently a member of the board of directors of the U.S. Chamber of Commerce, a member of the board of governors of the Property Casualty Insurers Association of America and a member of the board of directors of the Association of Bermuda Insurers & Reinsurers. Mr. Watson previously served as a member of the board of directors of Houston International Insurance Group, Ltd. from December 2010 to July 2014 and as chairman of its Audit Committee from November 2011 to May 2013. Due to his lengthy tenure in the industry, having previously held several executive positions at Titan Holdings, Inc., and his investment knowledge, Mr. Watson brings to the Board a wealth of experience in the specialty property and casualty insurance sector and insight into the Company’s investment strategies. In his role as President and Chief Executive Officer of the Company, Mr. Watson also brings to the Board critical insight into the Company’s operating environment and growth strategy.

Jay Bullock

Mr. Jay S. Bullock is a Chief Financial Officer, Executive Vice President of Argo Group International Holdings, Ltd. He joined Argo Group from Bear Stearns & Co. Inc. where he was a Senior Managing Director and Head of Bear Stearns’ Insurance Investment Banking Group. While at Bear Stearns, Mr. Bullock focused on the insurance sector. In this role, he advised on company acquisitions, mergers and sales as well as all forms of public and private financings and restructurings. During this period, he was also an advisor to Argo Group on a number of transactions. Prior to joining Bear Stearns in 2000, Mr. Bullock was a Managing Director at First Union Securities. He is an honors graduate of Southern Methodist University and received his MBA from The McColl School of Business, Queen’s College, Charlotte, North Carolina. Mr. Bullock also holds the designation of Certified Public Accountant (CPA).

Kevin Rehnberg

Mr. Kevin J. Rehnberg is a President - U.S. Operations of Argo Group International Holdings, Ltd., Prior to joining the Company, Mr. Rehnberg served as executive vice president for specialty lines at OneBeacon Insurance where he oversaw specialty business. Mr. Rehnberg began his career at Chubb in 1986 and he held a number of roles with increasing responsibility at Chubb Atlantic, Liberty, St. Paul and St. Paul Travelers through 2005. More recently, he served as CEO of Consultants in Laboratory Medicine of Greater Toledo, Inc. Mr. Rehnberg has a bachelor’s degree in History from Princeton University.

Nigel Mortimer

Mr. Nigel Mortimer is Executive Vice President - Strategy and Business Development of the Argo Group International Holdings, Ltd. Mr. Mortimer is responsible for Argo Group’s international insurance operations (with the exception of Lloyd’s Syndicate 1200), having successfully built the Group’s insurance operations in Bermuda, Brazil, Continental Europe and Dubai. In addition, he is Director of Group Product Development and is charged with leading innovative thinking across the Group as well as identifying profitable product line opportunities to grow our businesses in the U.S. and internationally. Prior to joining Argo, Mortimer spent a number of years at XL’s Bermuda operations as Underwriting Manager of its Casualty operations as well as SVP Director of Product Development focused on driving profitable growth throughout XL’s global network. Currently based in Bermuda, Mortimer has lived and worked in New York, London and Australia for companies such as Chubb Corporation, Zurich International and Zurich Re. Mortimer earned an honors degree in economics from the University of Hertfordshire in England and has successfully completed several advanced management courses at Harvard, Wharton and the University of North Carolina at Chapel Hill.

Mark Rose

Mr. Mark H. Rose is Senior Vice President, Chief Investment Officer of Argo Group International Holdings, Ltd. Prior to joining Argo Group in 2013, Rose was a Senior Credit Analyst at RBC Capital Markets and has held similar roles at Deephaven Capital Management, Goldman Sachs & Co. and Credit Suisse First Boston. He has a bachelor’s degree in mathematics from the U.S. Military Academy at West Point and is a CFA® charterholder.

Susan Bernstein

Ms. Susan Spivak Bernstein is a Senior Vice President - Investor Relations of Argo Group International Holdings, Ltd., Prior to joining Argo Group, Bernstein led investor relations at Alterra Capital and its predecessor, Max Capital, from 2009 until joining Argo Group. She was previously an Equities Analyst focused on the property and casualty insurance industry at Wachovia Securities, ABN AMRO, and Donaldson, Lufkin & Jenrette. Bernstein received a bachelor’s degree from the University of Michigan.

Robert Katzman

Mr. Robert Katzman is a Senior Vice President and Chief Actuary Officer of the Argo Group International Holdings, Ltd. Mr. Katzman joined Argo Group in 2016 from AIG Inc., where he was the Head of Global Casualty Pricing and Analytics. There he was a catalyst for transforming the casualty pricing operation by blending predictive analytics and traditional actuarial techniques to refine and enhance pricing models. Throughout his nearly 30 years of industry experience, Katzman has held senior roles at Travelers, Crum & Forster and Reliance National, where he led reserving, pricing, M&A, reinsurance and ERM functions. Katzman is a Fellow of the Casualty Actuarial Society and holds a bachelor’s of science degree in Math and Psychology from Union College.

Alex Hindson

Mr. Alex Hindson is a Chief Risk Officer of Argo Group International Holdings, Ltd. He is responsible for the implementation of enterprise risk management across the company, as well as for Argo’s corporate compliance function and the company’s credit rating agency relations. Previously, he was Chief Risk Officer of Amlin AG, the Swiss reinsurance operation of Amlin plc, where he was responsible for risk, compliance and legal functions across the company’s Bermuda branch and Zurich operation. Prior to that, he held other risk management roles at Amlin plc and Aon Global Risk Consulting. Hindson is originally a chemical engineer and worked for AstraZeneca in a variety of roles. He is a Certified Fellow, past Chairman of the Institute of Risk Management (IRM), and member of the Business Continuity Institute (BCI).

Gary Grose

Mr. Gary Grose is Group Producer Management and Marketing Leader of the Argo Group International Holdings, Ltd. He joined Argo in 2014 as head of producer management. He is responsible for working with each of Argo’s businesses globally to build and strengthen profitable relationships with brokers, agents and other business partners. Grose joined Argo from Marsh, where he was responsible for leading all marketing and communications strategy and initiatives across the U.S. He has also held a variety of marketing and producer/distribution management positions at Zurich, Allstate and John Hancock.

David Harris

Mr. David Harris is Head of Group Performance of the Argo Group International Holdings, Ltd. He joined Argo in 2013 to lead ArgoGlobal, the Group’s syndicate at Lloyd’s of London, with over 25 years of industry experience. Prior to joining Argo, Harris spent several years at Amlin, where he held various roles including Managing Director, Amlin Underwriting Limited, International Development Director and Chief Operating Officer, Amlin PLC. Harris began his insurance career with Royal Insurance and later became Operations Director for RSA London Market division before joining AXA Insurance in 2000 as UK Claims Director. He previously served as a non-executive Director of the Lloyd’s Market Association and was Chairman of the Examiners Committee and a member of the Council of the Chartered Insurance Institute. Harris received a Bachelor of Laws (LLB Honours) from Nottingham University and holds the Chartered Insurer (FCII) designation from the Chartered Insurance Institute.

Jose Hernandez

Mr. Jose A. Hernandez is Head - International of the Argo Group International Holdings, Ltd. Prior to joining the Company, Mr. Hernandez most recently served as president and chief executive officer of American International Group’s Asia Pacific region. Mr. Hernandez spent more than 20 years with American International Group in a number of senior leadership roles in both the consumer and commercial segments. He has expertise in field operations, distribution, underwriting, claims, strategic planning and management. Mr. Hernandez has a bachelor of science degree in Marketing and Management from Bentley University and a master in business administration degree with a concentration in insurance from the College of Insurance in New York.

Axel Schmidt

Mr. Axel Schmidt is a Group Chief Underwriting Officer of Argo Group International Holdings, Ltd. He came to Argo Group from Aviva where he served as Chief Underwriting Officer for the company’s UK/Ireland business across personal, commercial and corporate/specialty lines and also as Aviva’s global practice leader for underwriting, products, pricing and claims. Prior to joining Aviva, Mr. Schmidt spent 20 years at Zurich in their international business where he held a number of senior underwriting and management positions including Deputy Chief Executive Officer/CUO for their corporate business in Europe/UK and Underwriting Director for their global corporate business. He also served as a member of Zurich’s Group Underwriting and Group Reinsurance Board. Prior to joining Zurich, Mr. Schmidt spent 2 years at Gerling Global Re as an underwriter. Mr. Schmidt graduated from Westphalian Wilhelms University in Munster, Germany with a degree in Law Studies. He also earned a Juris Doctorate from the State Supreme Court in Dusseldorf, Germany.

Phil Vedell

Mr. Phil Vedell is Group Head of Operations of the Argo Group International Holdings, Ltd. He joined Argo Group US in October 2015 as Chief Operating Officer. Prior to joining Argo Group US, he served as Chief Operating Officer for Catlin US. He has also held positions at Alterra Capital Holdings, Vaccaro Insurance Holdings, American Wholesale Insurance Company and Aon Corporation. Vedell holds a degree in business administration from North Carolina State University.

Thomas Bradley

Mr. Thomas A. Bradley is a Director of the Company. Bradley retired from Allied World Assurance Company Holdings, AG (NYSE: AWH) in July 2017. While there, he served as chief financial officer and executive vice president since 2012. Before joining Allied, he served as executive vice president and chief financial officer for two other public companies: Fair Isaac Corporation (NYSE: FICO) and The St. Paul Companies (NYSE: SPC). Bradley also held senior financial and operational positions at Zurich Insurance Group, including chief financial officer for North America and chief executive officer of the Universal Underwriters Group (now Zurich Direct Markets). He also served on the board of directors of Nuveen Investments, Inc. (NYSE: JNC). Bradley earned a bachelor’s degree in accounting from the University of Maryland and a Master in Business Administration from Loyola University Maryland. He also is a Certified Public Accountant (inactive).

F. Sedgwick Browne

Mr. F. Sedgwick Browne is an Independent Director of Argo Group International Holdings, Ltd. He became a director in 1999 and also served as Vice-Chairman of the Company’s board of directors from 2003 until 2007. He retired as counsel at Sidley Austin Brown & Wood LLP (now known as Sidley Austin LLP), a law firm, in 2004. Mr. Browne previously was a partner at Morgan, Lewis & Bockius LLP and prior thereto at Lord Day & Lord, Barrett Smith, where he specialized in the insurance and reinsurance industry. Prior to his retirement and for more than twenty years, Mr. Browne was a trustee and director of the Swiss Reinsurance US Group and of the Winterthur Swiss Insurance US Group. In addition to his historical knowledge of the Company’s operations, Mr. Browne brings to the Board a corporate transactional background that is specific to the Company’s operations in the insurance sector. Mr. Browne also possesses financial reporting expertise and the legal experience and qualifications necessary to guide the Company through many of the regulatory requirements currently imposed on publicly traded companies.

Harvey Cash

Mr. Harvey Berry Cash is an Independent Director of Argo Group International Holdings, Ltd. Mr. Cash was a general partner of InterWest Partners, a venture capital fund, from 1985 through 2014. Mr. Cash has also served on the board of directors of Ciena Corporation since April 1994, Silicon Laboratories Inc. since December 1997, and First Acceptance Corporation since November 1996. Mr. Cash previously served as a director of i2 Technologies, Inc. from January 1996 until April 2009. In addition to his capital raising experience, Mr. Cash brings to the Board a strong background in information technology which plays an integral role in the Company’s operations. Due to his experience in the venture capital sector, Mr. Cash also brings perspectives to the Board associated with the capitalization and management of organizations through the corporate life cycle.

Hector De Leon

Mr. Hector De Leon is an Independent Director of Argo Group International Holdings, Ltd. Mr. De Leon is the chairman of the board of directors of De Leon & Washburn, P.C., a law firm based in Austin, Texas, which he founded in 1977. Prior to 1977, Mr. De Leon was the General Counsel of the Texas State Insurance Board. From February 1985 to November 1997, Mr. De Leon served as a director of Titan Holdings, Inc., a publicly traded property and casualty insurance holding company. Mr. De Leon brings to the Board experience and skills relating to the insurance regulatory environment in which the Company operates combined with a corporate legal background. In addition, Mr. De Leon’s experience includes prior service as a director of a publicly traded, growth oriented, specialty property and casualty insurance holding company.

Mural Josephson

Mr. Mural R. Josephson is an Independent Director of Argo Group International Holdings, Ltd. Josephson is a Registered Certified Public Accountant in Illinois. Mr. Josephson retired from Kemper Insurance Companies (“Kemper”) in 2002. During his 5-year tenure at Kemper, he held key management positions, including senior vice president and chief financial officer and senior vice president of finance. Prior to joining Kemper, Mr. Josephson held several senior level positions at KPMG, including 19 years as an audit partner. While at KPMG, he was a member of the National Insurance Practice Committee and a member of the Professional Practice Review Committee. Mr. Josephson has been a director of HealthMarkets, Inc., an insurance holding company, since May of 2003 and is currently chairman of its Audit Committee. He was also a director of SeaBright Holdings, Inc., an insurance holding company traded on the NYSE until February 2013, and its wholly owned subsidiary, SeaBright Insurance Company, from July 2004 until February 2013 and was serving as the chairman of its Audit Committee. In addition to his historical knowledge of the Company’s operations and his extensive background in the insurance sector, Mr. Josephson brings to the Board experience, qualifications and skills that are specific to the Company’s accounting, internal control and audit functions. Due to his background, Mr. Josephson also possesses financial reporting expertise and a level of financial sophistication that qualifies him as a financial expert in his role as a member of the Audit Committee.

Dee Lehane

Ms. Dee Lehane is an Independent Director of the Argo Group International Holdings, Ltd. Ms. Lehane’s international career includes significant experience dealing with strategic issues and technology-led business change at global insurance companies. She is currently the Independent Chair of the Debt Market Integrator, a United Kingdom Cabinet Office venture serving a number of government departments, and has served in such capacity since January 2016 and Chairman of ORIC International, the Insurance Industry Risk Consortium, since December 2015. From 1988 to 2007, she was a Senior Partner at Accenture, including serving as Global Managing Partner, Insurance Industry. She previously served on the boards of Aviva Life and Pensions Insurance Ireland from June 2012 to December 2015 and Aviva Health Insurance Ireland from June 2012 to July 2016, including roles on the Audit and Risk Committees. Ms. Lehane brings to the Board specialized expertise in the global insurance industry and experience in the areas of corporate governance and risk management specific to the financial services industry.

Kathleen Nealon

Ms. Kathleen A. Nealon is an Independent Director of Argo Group International Holdings, Ltd. In 2013, she also became a director of the Company’s wholly owned subsidiary, Argo Managing Agency Limited, which underwrites insurance risks for the Company’s syndicate at Lloyd’s of London. Ms. Nealon’s international career includes significant experience with risk management, compliance and regulatory issues of global companies. Ms. Nealon was the group head of legal and compliance at Standard Chartered Plc in London from 2001 until her retirement in 2004 where she also held additional international legal and compliance positions from 1992 to 2001. Prior to Standard Chartered Plc, Ms. Nealon practiced international banking and regulatory law in New York for 14 years. Ms. Nealon is also the Co-Chair of the European Advisory Board of Georgetown Law School and served on the advisory council of the Institute of Business Ethics for many years. Ms. Nealon also served on the boards of directors of Shire Plc from 2006 to 2010 and Halifax Bank of Scotland Plc from 2004 to 2009 when it was merged into Lloyds Bank Plc. In addition, Ms. Nealon served on the board of directors of Cable and Wireless Communications Plc and its predecessor company, Cable and Wireless Plc, from 2005 until 2011. In 2012, Ms. Nealon was named to the board of Health Education England, an executive non-departmental public body, sponsored by the Department of Health that manages health education in England, where she currently holds the position of Deputy Chair. Ms. Nealon brings to the Board specialized expertise in the areas of corporate governance, compliance and risk management specific to the banking and financial services industries.

John Power

Mr. John R. Power, Jr., is an Independent Director of Argo Group International Holdings, Ltd. He has served as President of the Patrician Group, a private investment firm, and serves as a general partner of several private partnerships. Mr. Power has also served on the board of directors of certain financial subsidiaries of CNH Global, N.V. since January 1997. Mr. Power previously served as a director of America West Airlines and its advisory board from August 1994 to April 2001 and has also served as a director of several charitable organizations. Mr. Power brings to the Board senior management skills and insight derived from a real estate, finance and commercial and investment banking background. Due to his past and present years of service as a director of other publicly traded companies, Mr. Power has experience with the design and implementation of effective compensation strategies that benefit the Company in his role as a member of the Human Resources Committee. Mr. Power’s prior service on the audit and executive committees of other publicly traded companies has also provided him with experiences and skills that benefit the Company and compliment his current committee assignments on the Company’s board of directors.

Al-Noor Ramji

Mr. Al-Noor Ramji is an Independent Director of the Argo Group International Holdings, Ltd. Mr. Ramji has been Group Chief Digital Officer at Prudential plc, an international financial services group, since January of 2016 and is responsible for developing and executing an integrated, long-term digital strategy for the group. He has been a director of EVRY AS since February 2017 and Virtusa Corporation since February 2011 where he also serves as a member of its Compensation Committee. Before joining Prudential, he worked at Northgate Capital, a venture firm in Silicon Valley, from November 2014 to December 2015 where he ran technology-focused funds. Prior to this, he was a director of Misys Plc, a financial services group, from 2005 to 2010 and also served as an executive vice president of Misys Plc from 2010 to 2013. Mr. Ramji has previously held leading technology and innovation roles at BT Group, Qwest Communications, Dresdner Kleinwort Benson and Swiss Bank Corporation. Mr. Ramji brings to the Board a strong background in information technology services and digital strategies which play an integral role in the Company’s operations.

John Tonelli

Mr. John H. Tonelli is an Independent Director of Argo Group International Holdings, Ltd. Mr. Tonelli has been a Managing Director and Head of Debt Capital Markets & Syndication at Oppenheimer & Co., Inc. since June of 2015. Previously, he was the Chief Executive Officer of Advanced Global Capital, a private investment-company, from 2009 and Chairman of Advanced Global Securities, a FINRA registered Broker-Dealer based in New York. Mr. Tonelli has over twenty-five years of experience in finance, working both as an investment banker and as an attorney. Mr. Tonelli has advised numerous companies and governments on direct investments, securities issuance, privatizations and infrastructure financings. He was a director of Garnero Group Acquisition Company from May 2014 to January 2016 where he also served as Chairman of its Audit Committee. From 2009 to 2013, Mr. Tonelli was Chief Financial Officer of Corporacion America, S.A., a global transportation and infrastructure company. Mr. Tonelli continues to serve as a financial advisor to Corporacion America. From 2003 to 2009, Mr. Tonelli was a Senior Managing Director with J.P. Morgan & Co., Inc. and Bear Stearns & Co. Inc. where he was Head of International Structured Finance. From 1999 to 2003, he was CEO of International Venture Partners, LLC, a NASD member broker-dealer specializing in emerging markets. From 1992 to 1999, Mr. Tonelli was an attorney with Cadwalader, Wickersham & Taft where he was head of the Latin American practice group. Mr. Tonelli brings to the Board specialized expertise in finance and emerging markets knowledge beneficial to the Company’s international operations.