3 January 2014 News

Third Point changes Audit Committee chair

Third Point Reinsurance has appointed Mark Parkin as the chairman of its Audit Committee. He succeeds Steven Fass who served as the chairman of the Audit Committee since February 2012. Fass will continue to serve as a member of the Committee.

Parkin was appointed to the company's board of directors on November 5, 2013 and since then has served as a member of the company's audit committee and governance and nominating committee.

Prior to joining the board of directors Parkin was employed by Deloitte & Touche (and its predecessor Touche Ross & Co) for 37 years.

"We believe Mark's background and wealth of accounting and public company experience make him well-suited to serve as chairman of our audit committee. I'd like to thank Steve for his guidance while serving as our Audit Chair, especially during the IPO process, and I look forward to his continued contributions as an ongoing member of our Audit committee," said John Berger, chairman and chief executive of Third Point Reinsurance.

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