3 August 2015 Insurance

WR Berkley CEO to step down

William Berkley, the chief executive officer (CEO) of WR Berkley, confirmed he will step down from his role on October 31, 2015.

He will continue to serve as chairman of the board but will be succeeded by his son, Rob Berkley, as CEO of the company.

Rob Berkley currently serves as president and chief operating office of the US insurer.

“So it will be not five decades, but I'll be out of this box at that point and he'll take care of it, then I'll be chairman. And then I get to harass everybody else,” said William Berkley.

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WR Berkley CEO to step down

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