Maiden moves to dual leadership with new co-CEO

Bermuda-based re/insurer Maiden Holdings has appointed Patrick Haveron as co-chief executive officer alongside Lawrence Metz, effective immediately.

Haveron will remain Maiden’s chief financial officer.

Barry Zyskind, Maiden’s chairman of the board of directors, said: “Since our leadership changes in the third quarter of 2018, Pat and Larry have worked closely and in partnership to stabilize Maiden’s balance sheet, strengthen our capital and solvency position and to work to return Maiden to profitability.

"Today’s announcement recognises the significant contributions that Pat has made not only since that time but over the course of his career at Maiden. Our Board looks forward to Pat and Larry’s leadership working together to build shareholder value for Maiden in the future.”