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XL Group Ltd (XL.N)

XL.N on New York Stock Exchange

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22 Jun 2018
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Summary

Name Age Since Current Position

Eugene McQuade

69 2015 Independent Chairman of the Board

Gregory Hendrick

52 2018 President, Chief Operating Officer

Michael McGavick

60 2008 Chief Executive Officer, Director

Stephen Robb

47 2017 Chief Financial Officer, Executive Vice President

Eileen Whelley

63 2012 Chief Human Resources Officer, Executive Vice President

Andre Keller

47 2017 Executive Vice President, Chief Investment Officer

Kirstin Gould

51 2007 Executive Vice President, General Counsel, Secretary

Charles Cooper

46 2017 Executive Vice President, Chief Executive, Reinsurance

Susan Cross

57 2008 Executive Vice President, Global Chief Actuary

Willard Hendry

69 2009 Executive Vice President, Chief Platform Officer

Paul Jardine

56 2015 Executive Vice President, Chief Experience Officer

Kelly Lyles

54 2017 Executive Vice President, Chief Executive, Client and Country Management

Ramani Ayer

70 2011 Independent Director

Dale Comey

77 2009 Independent Director

Claus-Michael Dill

64 2015 Independent Director

Robert Glauber

79 2015 Independent Director

Edward Kelly

65 2014 Independent Director

Joseph Mauriello

73 2006 Independent Director

Anne Stevens

69 2014 Independent Director

John Vereker

73 2007 Independent Director

Billie Williamson

65 2018 Independent Director

Biographies

Name Description

Eugene McQuade

Mr. Eugene M. McQuade serves as Independent Chairman of the Board of the Company. He was Vice Chairman, Citigroup Inc. (April 2014–May 2015), a financial services company, Chief Executive Officer, Citibank, N.A., a commercial bank (August 2009–April 2014), Various senior positions in the financial services industry, including Vice Chairman and President of Merrill Lynch Banks (U.S.), President and Chief Operating Officer of Freddie Mac, President and Chief Operating Officer of FleetBoston Financial Corporation and, subsequent to Bank of America Corporation’s (“Bank of America”) acquisition of FleetBoston, President of Bank of America, Director, Citigroup, Inc. (July 2015–Present), Director, Citibank, N.A. (August 2009–Present), Vice Chairman, Promontory Financial Group Advisory Board (July 2015–Present), Trustee (2010–Present) and Board of Governors (2016–Present), Boys and Girls Club of America, Former Director of Bank of America, FleetBoston Financial Corporation and Freddie Mac. Mr. McQuade has extensive experience and financial expertise through his service in management positions such as CEO, president, vice chairman, chief financial officer and chief operating officer of several global, publicly traded financial institutions. This expertise makes him well-qualified to serve as the independent Chairman of our Board. In addition, the Board derives valuable insight and benefit from Mr. McQuade’s judgment and experience as a current or former member of the board of directors of several financial institutions.

Gregory Hendrick

Mr. Gregory S. Hendrick serves as President, Chief Operating Officer of the Company, since March 5, 2018. Mr. Hendrick served as Executive Vice President and Chief Executive of Reinsurance Operations from May 2015 to January 2017. From January 2012 to May 2015, Mr. Hendrick served as Executive Vice President and Chief Executive of Insurance Operations. From October 2010 to January 2012, Mr. Hendrick served as Executive Vice President, Strategic Growth. From 2004 to October 2010, Mr. Hendrick served as President and Chief Underwriting Officer of XL Re Ltd. Previously, he served as head of U.S. Property Treaty underwriting at XL Re Ltd and Vice President responsible for U.S. Property Underwriting for XL Mid Ocean Reinsurance Ltd. Prior to joining XL, Mr. Hendrick was Assistant Vice President of Treaty Underwriting for the Winterthur Reinsurance Corporation of America.

Michael McGavick

Mr. Michael S. McGavick serves as Chief Executive Officer, Director of XL Group PLC. He served as Chief Executive Officer, XL Group Ltd (May 2008–Present), President and Chief Executive Officer (January 2001–December 2005) and Chairman (January 2002–December 2005), of Safeco Corporation, a (re)insurer, Various senior executive positions with CNA Financial Corporation (1995–2001), a (re)insurer, including President and Chief Operating Officer of its largest commercial insurance operating unit, Member of the Geneva Association (2011–Present), currently serving as Chairman, Member, and former Chairman, of the American Insurance Association (2008–Present), Member, the Global Reinsurance Forum (2009–Present), Director, Save the Children Action Network, a non-profit social welfare organization (2015–Present), Former Director, Blue Marble Microinsurance, an industry consortium focused on microinsurance (2015–2018), Former Director, Insurance Information Institute (2008–2015), Former Chairman of the Association of Bermuda Insurers and Reinsurers, Former Director of the American Insurance Association’s Superfund Improvement Project in Washington, D.C., serving as the Association’s lead strategist in working to transform U.S. Superfund environmental laws. Upon joining the Company in 2008, Mr. McGavick pioneered and led a successful turnaround of XL and several strategic actions. These actions initially included the successful implementation of our strategy to simplify our organizational structure, re-focus on core property, casualty and specialty insurance and reinsurance businesses, enhance our enterprise risk management capabilities and attract and retain industry talent. Further strategic advancements were made with the acquisition of Catlin, the reinsurance of the vast majority of our run-off life portfolio, and several smaller acquisitions to add teams and business lines to further grow the Company.

Stephen Robb

Mr. Stephen J. H. Robb is Chief Financial Officer, Executive Vice President of the Company, since May 1, 2017. He was appointed Executive Vice President, Chief Financial Officer in May 2017. He previously served as Senior Vice President, Group Controller from November 2010 to May 2017, and has served as Chief Accounting Officer since April 2015. Prior to serving as Controller, Mr. Robb held various progressively senior leadership positions since joining the Company in 2004. These included responsibility for the direction of the Company's corporate finance and policy function, global treasury functions, budgeting and planning, global regulation, financial close, reporting and control and other key finance functions. Before joining the Company, he served as Senior Manager, Insurance Industry Group Leader in the insurance practice of PricewaterhouseCoopers.

Eileen Whelley

Ms. Eileen Goss Whelley serves as Chief Human Resources Officer, Executive Vice President of XL Group PLC. She was appointed to the Company's leadership team in June 2012, serving as Executive Vice President, Chief Human Resources Officer, where she is responsible for global talent acquisition, leadership and professional development, succession planning, compensation and benefit program design and administration, employee relations, organizational effectiveness, performance management, HR information systems and payroll. Prior to joining the Company, from 2006 to 2012, Ms. Whelley served as Executive Vice President, Human Resources, for The Hartford Financial Services Group, Inc. Prior to that, Ms. Whelley spent 17 years at General Electric, where she held a number of human resources leadership roles, including Executive Vice President of Human Resources for NBC Universal and Vice President of Human Resources Excellence for GE Capital. She also served in various HR roles at Citicorp and Standard Oil of Ohio.

Andre Keller

Mr. Andre Keller serves as Executive Vice President, Chief Investment Officer of the company. He was appointed Executive Vice President and Chief Investment Officer effective January 1, 2017. Previously, from May 2015 to December 2016, Mr. Keller served as the Company's Head of Global Asset Positioning, responsible for investment strategy, portfolio steering and portfolio implementation. Prior to the Company's acquisition of Catlin, from March 2014 to May 2015, Mr. Keller served as the Deputy Chief Investment Officer of Catlin. Prior to joining Catlin, from June 2009 to January 2014, Mr. Keller served as the Head of Asset Management and Deputy Chief Investment Officer for Nationale Suisse, Switzerland, and from June 1998 to April 2009, held progressively senior management positions with Swiss Reinsurance Company Ltd, Switzerland.

Kirstin Gould

Ms. Kirstin Romann Gould serves as Executive Vice President, General Counsel, Secretary of XL Group PLC. She appointed Executive Vice President, General Counsel in September 2007, which position includes her prior responsibilities as General Counsel, Corporate Affairs and Corporate Secretary. From 2008 to May 2015, Ms. Gould also led the Communications and Marketing department. Ms. Gould was previously Executive Vice President, General Counsel, Corporate Affairs from July 2006 to September 2007 and also served as Chief Corporate Legal Officer from November 2004 to July 2006, and Associate General Counsel from July 2001 to November 2004. Prior to joining the Company in 2000, Ms. Gould was associated with the law firms of Clifford Chance and Dewey Ballantine in London and New York.

Charles Cooper

Mr. Charles Cooper serves as Executive Vice President, Chief Executive, Reinsurance of the company. He was appointed Executive Vice President and Chief Executive, Reinsurance effective January 1, 2017. Previously, from October 2010 to January 2017, Mr. Cooper served as the Company's Chief Executive, Bermuda Reinsurance, responsible for development and execution of the Company's Bermuda reinsurance operations. Mr. Cooper first joined the Company in March 2000 as an Assistant Vice President and Corporate Planning Analyst, and during his 17 year career with the Company has also served as a Vice President and Casualty Treaty Underwriter, and as a Senior Vice President and Property Treaty Underwriter. Prior to joining the Company, Mr. Cooper was an international casualty underwriter with Zurich North American and AIU North America.

Susan Cross

Ms. Susan Lee Cross serves as Executive Vice President, Global Chief Actuary of XL Group PLC. Ms. Cross has served as Executive Vice President and Global Chief Actuary since August 2008. Ms. Cross has served as Global Chief Actuary since 2006 and previously was Chief Actuary of the Company's reinsurance operations from 2004 to 2006 and Chief Actuary of XL Re Bermuda from 2002 to 2004. She also held various actuarial positions in the insurance and reinsurance operations of the Company from 1999 to 2002. Prior to joining the Company, Ms. Cross was Principal and Consulting Actuary at Tillinghast Towers Perrin.

Willard Hendry

Mr. Willard Myron Hendry serves as Executive Vice President, Chief Platform Officer of XL Group PLC. He joined the Company's leadership team upon his appointment as Executive Vice President, Chief Platform Officer in December 2009. Prior to joining the Company, from 2006 to December 2009, Mr. Hendry served as Business Operations Executive of Bank of America's Insurance Group, joining there from a merger with Countrywide Insurance Services Group. Prior to the merger, Mr. Hendry served as Managing Director and Chief Operating Officer for Countrywide and prior to this, from 2004 to 2006, Mr. Hendry served as Senior Vice President, Property and Casualty Services at Safeco. From 1971 to 2004, Mr. Hendry held various leadership roles with CNA Insurance, with his last assignment being the Senior Vice President of Worldwide Operations.

Paul Jardine

Mr. Paul Jardine serves as Executive Vice President, Chief Experience Officer of the company. He was appointed Executive Vice President and Chief Experience Officer in May 2015. Previously, from 2004 until May 2015, Mr. Jardine was Catlin's Chief Operating Officer. Mr. Jardine joined Catlin in 2001 with responsibility for the development of new financial products, and was appointed as Chief Executive of the Catlin Syndicate in 2003. Prior to joining Catlin, Mr. Jardine was Chief Actuary and Commutations Director of Equitas Holdings Limited. Prior to that, he was a partner at Coopers & Lybrand, where he was involved almost exclusively with issues dealing with Lloyd's and the London insurance market.

Kelly Lyles

Ms. Kelly Jean Lyles is Executive Vice President, Chief Executive, Client and Country Management of the Company. She was appointed Chief Executive, Client and Country Management effective January 1, 2017. Previously, Ms. Lyles served as the Company's Chief Regional Officer, Insurance, and Deputy Chair of the Insurance Leadership Team from May 2015 to January 2017, as Chief Executive of Insurance Global Professional operations from September 2014 until May 2015. Prior to joining the Company in 2014, Ms. Lyles served in progressively senior leadership roles during her more than 15 years with AIG, including as Head of Specialty Lines for Europe, Middle East and Africa from January to September 2014, and as AIG's Country Manager in France from 2010 to January 2014.

Ramani Ayer

Mr. Ramani Ayer serves as Independent Director of XL Group PLC. Previously, Mr. Ayer served as the Chairman of the board of directors and CEO of The Hartford Financial Services Group Inc. (“The Hartford”) from February 1997 until his retirement in October 2009. Current member, and former Chairman, of the board of the Hartford Healthcare Corporation, Vice Chairman of the Connecticut Council for Education Reform, Director, The Cape Cod Foundation, Former Chairman of the American Insurance Association, the Property & Casualty CEO Roundtable and the Insurance Services Office, Former Chairman of the Hartford Hospital, Former member of the board of Maharishi University of Management. During his 36-year career with The Hartford, Mr. Ayer held progressively senior roles. Mr. Ayer’s long tenure as the Chairman of the board and CEO of The Hartford, during which time he built the company into a recognized leader in P&C insurance, provides him a wealth of experience with respect to the varied and complex issues that confront large (re)insurers, such as the Company, and makes him well suited to serve as the Chairman of the Management Development and Compensation Committee (the "Compensation Committee"). In particular, Mr. Ayer’s vast knowledge and experience in the P&C space complement the expertise of our other Directors and benefits us as we continue to build on our solid foundation, global platform and depth of underwriting talent.

Dale Comey

Mr. Dale R. Comey serves as Independent Director of XL Group PLC. He has been Executive Vice President, ITT Corporation (1990–1996), responsible for directing operations of several ITT business units, including ITT Hartford and ITT Financial Corporation, President of ITT Hartford’s Property & Casualty Insurance Business (1988–1990). Former Director, St. Francis Hospital and Medical Center, Hartford, Connecticut, Former Alternate Lead Director, XL Capital Ltd Board of Directorsm. Mr. Comey brings an actuarial background and extensive operational and business leadership skills to the Board. Through his experience serving in various senior leadership positions with ITT Corporation, he has first-hand knowledge of the varied and complex financial, operational and governance issues that confront large (re)insurers, such as the Company. This experience makes him well-suited to serve as a Director of the Company. In addition, Mr. Comey’s experience gained from serving as a director of a non-profit institution adds to the depth and breadth of his knowledge of operations, strategy and best practices in corporate governance.

Claus-Michael Dill

Dr. Claus-Michael Dill, Ph.D. serves as Independent Director of the Company. Dr. Dill served as Chief Executive Officer, Damp Holding AG, a hospital group (January 2006–December 2008), Chief Executive Officer, AXA Konzern AG, a (re) insurer (April 1999–September 2005), responsible for operations in Germany and Central Europe, and member of the AXA Group Executive Committee, Chief Financial Officer and Group Management Board Member, Gerling Konzern AG, a (re)insurer (February 1995–April 1999), responsible for asset management/financials and strategic restructuring. Prior chief executive officer and chief financial officer positions at Vereinte Insurance AG and other Swiss Re Group companies, Supervisory Board Member, MLP AG, Vice Chairman of the Supervisory Boards of HUK Coburg VaaG, HUK Coburg Holding AG and HUK Coburg Insurance AG, Former Supervisory Board Member and Chairman, General Reinsurance AG. Mr. Dill’s career in the insurance and reinsurance industries, spanning more than 30 years, includes experience serving as a chief executive officer, chief financial officer, and executive and non-executive director, among other management positions. He also possesses broad international experience, having worked across Europe, the United States, and Australasia. This combination of industry experience and geographic breadth makes Mr. Dill well-qualified to serve as a Director of our Board.

Robert Glauber

Mr. Robert R. Glauber serves as Independent Director the Company. He was Chief Executive Officer, National Association of Securities Dealers (now FINRA), the private-sector regulator of the U.S. securities markets (2000–2006), and Chairman (2001–2006)., Under Secretary of the Treasury for Finance (1989–1992), Harvard University, Harvard Business School Professor of Finance (1964–1989), Kennedy School Lecturer (1992–2000; 2007–Present) and Harvard Law School Visiting Professor (2007 and 2009), Executive Director of the Task Force (“Brady Commission”) appointed by President Reagan to report on the October 1987 stock market crash, Former independent Chairman of the Board, XL Group plc, Chairman of the Board of Directors, Northeast Bancorp, Former Director, Pioneer Global Asset Management S.p.A. (Milan), Senior Advisor, Peter J. Solomon Co. (November 2006 to Present), Former Director of Moody’s Corp, Federal Home Loan Mortgage Corp. (“Freddie Mac”), a number of Dreyfus mutual funds, the Korean Financial Service’s International Advisory Board and the Investment Company Institute, Former Vice Chairman of the Trustees, International Accounting Standards Board, Former President of the Metropolitan Opera Club, Overseer of the Boston Symphony Orchestra and Executive Committee member of the Metropolitan Opera Guild. Mr. Glauber’s strong management background in both the public and private sectors, and his expertise in financial services regulation, public policy and corporate governance provide him the consensus-building and leadership skills necessary to serve as a Director and the Chair of our Risk and Finance Committee. In addition, Mr. Glauber’s variety of experience serving as a current or former director of several large financial companies adds to the depth and range of his contribution to the Board.

Edward Kelly

Mr. Edward J. “Ned” Kelly, III serves as Independent Director of XL Group Public Limited Company since August 1, 2014. He has Various executive leadership positions at Citigroup, Inc., a financial services corporation, including Chairman, Institutional Clients Group (January 2011–July 2014), Chairman, Global Banking (April 2010–January 2011), Vice Chairman (July 2009–March 2010), Chief Financial Officer (March 2009–July 2009), Head of Global Banking (September 2008–March 2009), President and Chief Executive Officer, Citi Alternative Investments (March 2008–August 2008) and President, Citi Alternative Investments (February 2008–March 2008), Managing Director, The Carlyle Group, an asset management firm (June 2007–January 2008), Chairman, CEO and President (March 2003–March 2007) and President and CEO (March 2001–March 2003), Mercantile Bankshares Corporation, a financial services corporation, and Vice Chairman, PNC Financial Services Group, following its acquisition of Mercantile (March 2007–June 2007), Various executive leadership positions at J.P. Morgan & Co. (and its predecessor company J.P. Morgan & Co. Incorporated), a financial services corporation (1994–2001), including General Counsel and Managing Director and Head of Global Financial Institutions. Partner, Davis Polk & Wardwell LLP, a law firm, Director, CSX Corp (July 2002–Present), currently serving as non-executive Chairman, Director, Metlife, Inc. (February 2015–Present), Member, Board of Directors, Focused Ultrasound Foundation, a non-profit entity (June 2015–Present), Former Director of The Hartford, Axis Capital Holdings Ltd. and Paris RE Holdings, among others.

Joseph Mauriello

Mr. Joseph Mauriello serves as Independent Director of XL Group PLC. since January 27, 2006. Mr. Mauriello served in Numerous leadership positions during his 40-year career at the accounting firm KPMG, including Deputy Chairman and Chief Operating Officer and a Director of KPMG LLP (United States) and KPMG Americas Region (2004–2005) and Vice Chairman of Financial Services (2002–2004), Trustee, Fidelity Funds (July 2007–Present), Member of the Board of Overseers, Peter J. Tobin School of Business at St. John’s University (January 2015–Present), and Member Emeritus of the Board of Overseers, School of Risk Management, Insurance and Actuarial Science of the Peter J. Tobin College of Business at St. John’s University, Trustee, St. Barnabas Medical Center (2003–Present) and RWJ Barnabas Health Care System (2008–Present), Director, Lupus Research Alliance (2006–Present), Former Director, Arcadia Resources, Inc., Certified Public Accountant (Retired) in New York and Member of the American Institute of Certified Public Accountants. Mr. Mauriello’s significant experience in the independent public accounting and financial services industries, including a 40-year tenure in senior positions with the leading international accounting firm of KPMG, makes him well-qualified to serve in his current position as Chair of the Audit Committee. He has in-depth familiarity with financial accounting practices and reporting responsibilities, including those unique to property, casualty and specialty insurance and reinsurance companies. In addition, the Board benefits from Mr. Mauriello’s breadth of experience serving, or previously serving, on the boards of directors of other entities that have, or control other entities that have, publicly traded securities.

Anne Stevens

Ms. Anne L. Stevens serves as Independent Director of XL Group Plc. since April 2014. She has served as Chief Executive Officer of GKN plc (January 2018–Present), a global engineering company, Chief Executive Officer and Principal, SA IT Services, an information technology outsourcing company (June 2011–November 2013) and Chairman (June 2011–December 2014), Chairman, President and Chief Executive Officer, Carpenter Technology Corporation (November 2006–November 2009), Various senior management positions during 16 years with automaker Ford Motor Company, including Executive Vice President and Chief Operating Officer of The Americas (November 2005–October 2006), Group Vice President, Canada, Mexico and South America (October 2003–October 2005), Vice President, North America Vehicle Operations (August 2001–October 2003) and Vice President, North America Assembly Operations (April 2001–August 2001), Director, Lockheed Martin Corporation (2002–2017) Director, Anglo American plc (2012–Present), Director, GKN plc (2016–Present), Trustee, Drexel University, Member of the National Academy of Engineering. Ms. Stevens obtained broad experience at Ford Motor Company in managing the challenges associated with global organizations, particularly in the areas of operations management, talent management and governance. The skills derived from this experience make her well-qualified to serve as a Director. The Board also derives benefit from her current or prior experience as director of three other publicly traded companies with global operations, and her past experience serving as the Chair of Lockheed Martin’s compensation committee from 2011 to 2015.

John Vereker

Sir John M. Vereker serves as Independent Director of XL Group PLC. since November 1, 2007. He was the Governor and Commander-in-Chief of Bermuda (April 2002–October 2007), United Kingdom’s (“U.K.”) Permanent Secretary of the Department for International Development and of its predecessor, the Overseas Development Administration (1994–2002), Various senior public sector roles, including serving as Private Secretary to three U.K. Ministers of Overseas Development, Deputy Secretary for the U.K. Department of Education and Science, and positions with the World Bank and the Policy Unit of the British Prime Minister’s Office, Governor, the Ditchley Foundation, a charitable organization focused on international relations research., Former Director, MWH Global, a wet infrastructure engineering company, Former board member of the British Council, the Institute of Development Studies and the Institute of Manpower Studies and Voluntary Services Overseas, Former Advisory Council member of the Center for Global Ethics and for the British Consultancy and Construction Bureau, Former Advisor to the U.N. Secretary-General’s Millennium Development Project, Former Member of the Volcker panel, which investigated the World Bank’s institutional integrity. As a result of his extensive career in the public sector, Sir John Vereker provides valuable insights to the Board in the areas of government relations and external affairs. In particular, Sir John Vereker’s significant public sector experience and previous leadership positions in Bermuda and the U.K. bring depth to the Board’s oversight of public policy matters on a global basis and makes him well-qualified to serve as a Director.

Billie Williamson

Ms. Billie Ida Williamson is Independent Director of the Company. She served as Senior assurance partner of accounting firm Ernst & Young LLP (1998–2011), and member of the Americas Executive Board (2006–2008) and the U.S. Executive Board (2008–2011), Senior Vice President, Finance, and Corporate Controller Marriott International (1996–1998), Chief Financial Officer, AMX Corp. (1993–1996). Extensive accounting experience from her career with Ernst & Young spanning over three decades, including as Auditor (1974–1984) and Partner (1984–1993), Director, CSRA, Inc., an information technology and professional services company (2015–Present), Director, Pentair plc, a diversified industrial manufacturing company (2014–Present), Director, Energy Future Holdings Corporation, an electric utility company (2013–Present) (formerly NYSE-listed), Director, Pharos Business Development Company (2018–Present), National Association of Corporate Directors Board Leadership Fellow. As a result of her career with Ernst & Young, Ms. Williamson possesses broad and deep public company auditing and audit process, financial reporting, corporate oversight and controls experience. In addition, her former leadership and strategic planning experience as a controller and chief financial officer, as well as her experience as a current or former director of several public companies, provides invaluable experience to our Board and its Audit and Risk and Finance Committees.