Current lead non-exec steps up to chairman’s role

Transatlantic Re has named its lead independent director Richard Press as its non-executive Chairman, to replace Robert Orlich, who remains President and chief executive.

Orlich said: "The entire Board is very pleased that Dick has agreed to expand his leadership role. The move is a natural extension for Dick, having served both as our lead independent director and chairman of the special committee formed in connection with our separation from AIG. We will continue to benefit from his broad skill set and guidance as Transatlantic moves forward."

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