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Stock impact report

Arch Capital Group Ltd. Announces John Pasquesi to Succeed Constantine Iordanou as Chairman of the Board of Directors in September 2019

Arch Capital Group Ltd. (ACGL) 
Last arch capital group ltd. earnings: 2/11 04:31 pm Check Earnings Report
Company Research Source: Business Wire
PEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ:ACGL) today announced that John Pasquesi will succeed Constantine “Dinos” Iordanou as Chairman of its Board of Directors in September upon the completion of Mr. Iordanou’s term. Mr. Pasquesi is currently Lead Director of the Board of Directors and has been a member of the Board and Vice Chairman since 2001. Mr. Pasquesi is the managing member of Otter Capital LLC, a private equity investment firm he founded in January 2001. Prior to Otter Capital, Mr. Pasquesi was a managing director of Hellman & Friedman LLC. Mr. Iordanou joined Arch in 2002 to create its insurance segment and went on to serve as Chief Executive Officer of the company from August 2003 until March 2018, when current CEO Marc Grandisson assumed the role as part of a planned succession. Mr. Pasquesi said, “Dinos was instrumental in developing Arch into a h Show less Read more
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