Argo Group Holdings, an international underwriter of specialty insurance and reinsurance in the property and casualty market, has announced that it has entered into a cooperation agreement with Voce Capital Management to effect changes to the composition of Argo’s board of directors.
As part of the agreement and Argo’s ongoing process of board refreshment, Carol A. McFate will join the board, subject to the completion of due diligence and regulatory approval. McFate will fill the seat of former CEO and director Mark Watson and will join the board’s Nominating and Governance Committee. She will also join an additional committee to be selected by the board.
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