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Everest announces CEO contract extension

Juan C. Andrade’s employment agreement has been extended through the end of 2023 with automatic annual extensions following this term

Everest Re Group, Ltd, a leading global provider of reinsurance and insurance solutions, and its board of directors has announced the extension of president and CEO Juan C. Andrade’s employment agreement through the end of 2023 with automatic annual extensions following this term.

Joseph V. Taranto, Everest chairman, said: “In the past 24 months as Everest’s CEO, Juan has made exceptional progress positioning the company for long-term profitable growth.

“On behalf of the entire Board, we have the utmost confidence in Juan’s ability to lead Everest through its next phase of evolution and success.”

Andrade added: “I am honoured to continue leading Everest into the future alongside a world-class management team and with the ongoing support of our board of directors.

“Together with our outstanding team around the world, we are profitably growing our Company. I am excited to advance Everest’s strategic growth agenda to deliver even greater value for our shareholders and clients, while fostering a vibrant and inclusive culture for our employees.”

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