PartnerRe appoints president; reshuffles management team
Global reinsurer PartnerRe has promoted Emmanuel Clarke to president, effective September 8, 2015.
Clarke, who has been at PartnerRe for 18 years, will be responsible for leading and managing all of the company’s operations. He was formerly CEO of PartnerRe Global and has been a member of the executive management team since 2010.
David Zwiener, interim president and chief executive officer (CEO) since January 26, 2015, will remain in the role while bringing EXOR’s acquisition of PartnerRe to a successful close, at which point he will step down.
PartnerRe’s executive management team will remain the same with Bill Babcock as chief financial officer, Laurie Desmet as chief operations officer and Tad Walker as CEO of North America.
Charles Goldie will succeed Clarke as CEO of PartnerRe Global, heading up PartnerRe Global's executive team. Goldie, formerly deputy CEO of PartnerRe Global, will lead PartnerRe’s Global business units, except catastrophe.
Walker will assume executive responsibility for catastrophe, while taking on additional executive responsibility for the segment.
Marvin Pestcoe, a former member of PartnerRe’s executive management team, rejoins PartnerRe as interim CEO of life and health.
All three positions will report to Clarke.
Jean-Paul Montupet, chairman of the PartnerRe board, said: “The board is pleased to announce the appointment of Emmanuel as president, in charge of all of PartnerRe’s operations. Emmanuel has stood out as an exceptional talent throughout his career at PartnerRe and I look forward to working with him.
“I would like to thank David Zwiener for agreeing to continue as interim CEO during this important transition phase. I am also very pleased with the spirit of trust and cooperation that has developed between EXOR and the PartnerRe board and management team.”
Clarke said: “I am honoured to accept this position and to have the opportunity to lead PartnerRe’s operations, particularly at this important time in our history.
“I have a deep and ongoing respect for all that makes PartnerRe the company it is: our intelligent and dedicated people and our unique culture, as well as our clients, many of whom have been with the company from the outset. These are some of the fundamentals of our strength as a company and I look forward to working with my executive management team to continue to provide exceptional value to our clients.”
