AXIS Capital Holdings has revealed that chairman of the board and co-founder Michael Butt, OBE, will retire from the company.
Butt retires after an insurance career that spanned five decades. His most recent role as chairman of AXIS Capital’s board of directors was given to him on September 2002. He has also held various other leadership positions throughout his career, such as chairman of Sedgwick, CEO of Eagle Star Holdings and Eagle Star Insurance Company, CEO of MidOcean Limited, and director of XL Capital Limited and Farmers Insurance Group.
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