White Mountains names new chairman as Davis retires

Bermuda-based  White Mountains Insurance Group has appointed a new chairman of the board following the retirement of Morgan Davis.

Weston Hicks (pictured) has been elected chairman of the board. He replaces Davis, who has retired from the board effective today.

Weston Hicks said, "I am honoured to assume the Chairmanship of this unique and wonderful company. The entire Board thanks Morgan for his leadership as our Chairman for the past six years, for his 17 years of service as a director, and for the tremendous value he has created for owners across many roles and over many decades, from Fireman's Fund to the present."

Manning Rountree, chief executive Officer added, "For the past 20 years, Morgan has been a valued and trusted partner and a mentor to me. I will miss his wise counsel, common sense and good humour, and I extend my deepest gratitude and appreciation. We wish Morgan and his wife Sandy all the best in the future."

He added: "The Board and the management team look forward to working with Weston in his expanded role. Weston is a perfect fit for White Mountains with his broad experience and deep understanding of all aspects of our business."

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