DARAG weaves M&A more tightly into its game with top new appointment
Legacy insurer DARAG has tapped a rising star to better streamline M&A efforts into its global growth story.
Alexander Roth (pictured), to-date CEO of the group's European unit, will take on the added title of global head of M&A as the group leverages his M&A background to hit “a more unified approach to M&A.”
Roth joined the DARAG group in 2016 before being appointed to the European CEO post in March 2021. Roth brought experience from EY and a boutique M&A firm in Luxembourg handling distressed M&A and restructuring, including crisis and turnaround management.
Tom Booth, DARAG group CEO, said: “Alex’s expanded role represents DARAG taking a more unified approach to M&A. He will be the central touchpoint, providing a consistent approach to transactions globally. Our European operations have moved from strength to strength under Alex’s lead, and I have every confidence that this will continue as he takes on his broader remit.”
It won’t be the last major appointment at DARAG in the near term. Dan Linden, CEO of DARAG North America, is stepping down from his position, the company added in its statement.
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