Charman’s stint as CEO extended to 2013

by Richard Kilner

Story link: Charman’s stint as CEO extended to 2013

Axis Capital Holdings Limited has revealed that John Charman, the firm’s chief executive officer and president, is to remain until the end 2013.

The chairman of the firm’s board, Michael Butt, has welcomed the extension of Charman’s presence in post, describing him as a strong leader.

Butt refers to the recent strong performance that has been enjoyed under Charman’s stewardship.

Since 2001, when Charman founded Axis Capital, it has had six consecutive years of expansion.

Butt went on to say that the continuing implementation of the original strategic plans conceived by Charman when he formed the firm would provide value for money for shareholders.

Charman himself has expressed his pleasure at being asked by the board to remain at the firm.