16 October 2014 Insurance

OIL CEO steps down

Robert Stauffer, the president and chief executive officer (CEO) of Oil Insurance Limited (OIL) and Oil Casualty Insurance Limited (OCIL), has said he plans to step down. He will retire at the start of 2016.

In addition to his role as president and CEO, Bob has also served as a director of OCIL since 1986 and as a director of OIL since 1988.

The succession committee plans to have Stauffer’s replacement on board before his retirement.

Gerard Naisse and Theo Guidry, the respective chairmen of OIL and OCIL, said: “We believe that Bob leaves our respective member companies in very good shape and that we could not have a better time for a change in leadership.”

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