People: ACE Ltd (ACE.N)

ACE.N on New York Stock Exchange

103.49USD
25 Jul 2014
Price Change (% chg)

$-1.30 (-1.24%)
Prev Close
$104.79
Open
$104.30
Day's High
$104.58
Day's Low
$103.41
Volume
188,587
Avg. Vol
261,261
52-wk High
$105.83
52-wk Low
$87.22

Search Stocks

Summary

Name Age Since Current Position

Evan Greenberg

59 2007 Chairman of the Board, President, Chief Executive Officer

John Keogh

49 2011 Vice Chairman, Chief Operating Officer, Chairman - ACE Overseas General

John Lupica

48 2013 Vice Chairman, Chairman - Insurance North America

Philip Bancroft

54 2002 Chief Financial Officer

Giles Ward

2014 Regional President, Eurasia & Africa

Timothy Boroughs

64 2013 Chief Investment Officer

Sean Ringsted

50 2013 Chief Risk Officer, Chief Actuary

Joseph Wayland

56 2013 General Counsel, Secretary

Robert Hernandez

69 2006 Lead Independent Director

Michael Atieh

60 1991 Independent Director

Mary Cirillo

66 2006 Independent Director

Michael Connors

58 2011 Independent Director

Peter Menikoff

73 1986 Independent Director

Leo Mullin

70 2007 Independent Director

Eugene Shanks

67 2011 Independent Director

Theodore Shasta

63 2010 Independent Director

Olivier Steimer

59 2008 Independent Director

Helen Wilson

Senior Vice President - Investor Relations

Biographies

Name Description

Evan Greenberg

Mr. Evan G. Greenberg is Chairman of the Board, President, Chief Executive Officer of ACE Limited. Mr. Greenberg was elected as Chairman of the Board in May 2007. The company appointed Mr. Greenberg as our President and Chief Executive Officer in May 2004 and as our President and Chief Operating Officer in June 2003. In April 2002, Mr. Greenberg was appointed to the position of Chief Executive Officer of ACE Overseas General. Mr. Greenberg joined the Company as Vice Chairman, ACE Limited and Chief Executive Officer of ACE Tempest Re in November 2001. Prior to joining the Company, Mr. Greenberg was most recently President and Chief Operating Officer of American International Group, which we refer to as AIG, from 1997 until 2000. From 1975 until 1997, Mr. Greenberg held a variety of senior management positions at AIG, including President and Chief Executive Officer of AIU, AIG’s foreign general insurance organization. Mr. Greenberg is a member of the Board of Directors of The Coca-Cola Company, where he is also Chairman of the Audit Committee and a member of the Finance Committee.

John Keogh

Mr. John W. Keogh is Vice Chairman, Chief Operating Officer of ACE Limited & Chairman - ACE Overseas General of ACE Limited. He was appointed Chief Operating Officer of ACE Limited in July 2011 and Vice Chairman of ACE Limited and ACE Group Holdings in August 2010. Mr. Keogh joined ACE as Chief Executive Officer of ACE Overseas General in April 2006 and became Chairman of ACE Overseas General in August 2010. Prior to joining ACE, Mr. Keogh served as Senior Vice President, Domestic General Insurance of AIG, and President and Chief Executive Officer of National Union Fire Insurance Company, AIG's member company that specializes in D&O and fiduciary liability coverages. Mr. Keogh joined AIG in 1986. He served in a number of other senior positions there including as Executive Vice President of AIG's Domestic Brokerage Group and as President and Chief Operating Officer of AIG's Lexington Insurance Company unit.

John Lupica

Mr. John J. Lupica is Vice Chairman, Chairman - Insurance North America of ACE Ltd. Mr. Lupica had been Chief Operating Officer, Insurance – North America, since 2010 and President of ACE USA since 2006. He also previously served as Division President of ACE Professional Risk and ACE USA Regional Operations. Mr. Lupica joined ACE USA as Executive Vice President of Professional Risk in 2000. Prior to joining ACE, he served as Senior Vice President for Munich-American Risk Partners, Inc. He also held various management positions at AIG.

Philip Bancroft

Mr. Philip V. Bancroft is Chief Financial Officer of ACE Limited. For nearly 20 years, Mr. Bancroft worked for PricewaterhouseCoopers LLP. Prior to joining ACE, he served as partner-in-charge of the New York Regional Insurance Practice. Mr. Bancroft had been a partner with PricewaterhouseCoopers LLP for ten years.

Giles Ward

Mr. Giles Ward has been appointed as Regional President, Eurasia & Africa of ACE Ltd effective April 15, 2014. Mr. Ward joined ACE in 2006 to lead the company’s business in the Middle East and North Africa after 17 years in the insurance industry. In 2010 he was appointed to his current role as Country President of Australia and New Zealand. Prior to joining ACE, Mr. Ward held various country and senior leadership positions for AXA Insurance in Malaysia, and for Guardian Insurance in Thailand, the Philippines and Indonesia.

Timothy Boroughs

Mr. Timothy A. Boroughs is Chief Investment Officer of ACE Ltd. Mr. Ringsted’s previous roles at ACE include Chief Actuary for ACE Group from 2004 to 2008, Executive Vice President and Chief Risk Officer for ACE Tempest Re from 2002 to 2004, and Senior Vice President and Chief Actuary for ACE Tempest Re from 1998 to 2002. Prior to joining ACE, Mr. Ringsted was a consultant at Tillinghast-Towers Perrin.

Sean Ringsted

Mr. Sean Ringsted is Chief Risk Officer, Chief Actuary of ACE Ltd. Mr. Ringsted’s previous roles at ACE include Chief Actuary for ACE Group from 2004 to 2008, Executive Vice President and Chief Risk Officer for ACE Tempest Re from 2002 to 2004, and Senior Vice President and Chief Actuary for ACE Tempest Re from 1998 to 2002. Prior to joining ACE, Mr. Ringsted was a consultant at Tillinghast-Towers Perrin.

Joseph Wayland

Mr. Joseph Wayland has been appointed as General Counsel, Secretary of ACE Ltd., effective July 8, 2013. Mr. Wayland joins ACE from Simpson Thacher & Bartlett, where he worked from 1988 and became a partner in 1994. From 2010 to 2012, Mr. Wayland served with the United States Department of Justice, first as Deputy Assistant Attorney General responsible for litigation for the Antitrust Division and then as the Acting Assistant Attorney General in charge of the Division. Earlier in his career, Mr. Wayland served as a captain in the United States Air Force. He received his juris doctorate degree from Columbia University Law School and his undergraduate degree from Washington University. He also holds a master’s degree in international and comparative law from Georgetown University Law School.

Robert Hernandez

Mr. Robert M. Hernandez is Lead Independent Director of ACE Limited. Mr. Hernandez is Chairman of the Board of RTI International Metals, Inc. and has served on the Board of Directors of that company since 1990. Mr. Hernandez served as Vice Chairman, Director and Chief Financial Officer of USX Corporation (energy and steel) from December 1994 to December 2001, as Executive Vice President—Accounting & Finance and Chief Financial Officer of USX from November 1991 to November 1994 and as Senior Vice President—Finance & Treasurer from October 1990 to October 1991. Mr. Hernandez was President and Chief Operating Officer of the US Diversified Group of USX from May 1989 until October 1990. Mr. Hernandez is Chairman, Board of Trustees, of the BlackRock Open-End Equity and Long Term Bond Funds. He is a director of Eastman Chemical Company and a former director of TE Connectivity, Ltd.

Michael Atieh

Mr. Michael G. Atieh is Independent Director of ACE Limited. since September 1991. From February 2009 until its acquisition in February 2012, Mr. Atieh was Executive Chairman of Eyetech Inc., a private specialty pharmaceutical company. He served as Executive Vice President and Chief Financial Officer of OSI Pharmaceuticals from June 2005 until December 2008. He also served as a member of the Board of Directors and Chairman of the Audit Committee for OSI Pharmaceuticals from June 2003 to May 2005. Previously, Mr. Atieh served at Dendrite International, Inc. as Group President from January 2002 to February 2004 and as Senior Vice President and Chief Financial Officer from October 2000 to December 2001. He also served as Vice President of U.S. Human Health, a division of Merck & Co., Inc., from January 1999 to September 2000, as Senior Vice President—Merck-Medco Managed Care, L.L.C., an indirect wholly-owned subsidiary of Merck, from April 1994 to December 1998, as Vice President—Public Affairs of Merck from January 1994 to April 1994 and as Treasurer of Merck from April 1990 to December 1993.

Mary Cirillo

Ms. Mary A. Cirillo is Independent Director of ACE Limited. since May 2006. Ms. Cirillo has served as advisor to Hudson Venture Partners L.P. (venture capital) since 2003. She served as Chairman of OPCENTER, LLC (help desk and network operations services) from 2000 to 2004. She was Chief Executive Officer of Global Institutional Services of Deutsche Bank from July 1999 until February 2000. Previously, she served as Executive Vice President and Managing Director of Bankers Trust Company (which was acquired by Deutsche Bank), which she joined in 1997. From 1977 to 1997, she was with Citibank, N.A., most recently serving as Senior Vice President. Ms. Cirillo currently serves as a director of DealerTrack Technologies and Thomson Reuters Corporation.

Michael Connors

Mr. Michael P. Connors is Independent Director of ACE Ltd. since May 2011. Mr. Connors has since July 2006 been Chairman of the Board and Chief Executive Officer of Information Services Group, Inc., a technology insights, market intelligence and advisory services company. He is also a founder of that company. Mr. Connors served as a member of the Executive Board of VNU N.V., a major worldwide media and marketing information company, from the merger of ACNielsen into VNU in 2001 until 2005, and he served as Chairman and Chief Executive Officer of VNU Media Measurement & Information Group and Chairman of VNU World Directories until 2005. He previously was Vice Chairman of the Board of ACNielsen from its spin-off from the Dun & Bradstreet Corporation in 1996 until 2001, was Senior Vice President of American Express Travel Related Services from 1989 until 1995, and before that was a Corporate Vice President of Sprint Corporation. Mr. Connors is currently a director of Eastman Chemical Company. Mr. Connors was also, during the last five years, a member of the Board of Directors of R.H. Donnelley Corporation.

Peter Menikoff

Mr. Peter Menikoff is Independent Director of ACE Limited. since January 1986. Mr. Menikoff is currently a private investor and was the Interim Chief Financial Officer of Vlasic Foods International Inc. from February 2000 to May 2001. Mr. Menikoff served as President and Chief Executive Officer of CONEMSCO, Inc. (oil and gas drilling/production supplies, services and equipment) from April 1997 until June 1998. Mr. Menikoff served as Executive Vice President and Chief Administrative Officer of Tenneco Energy Corporation from June 1995 to April 1997. Mr. Menikoff served as a Senior Vice President of Tenneco, Inc. from June 1994 until April 1997. Mr. Menikoff served as Executive Vice President of Case Corporation, a subsidiary of Tenneco, Inc., from November 1991 to June 1994. Mr. Menikoff served as Treasurer of Tenneco, Inc. from May 1989 to November 1991. Mr. Menikoff is a director and Vice Chairman of the board of American Electric Technologies, Inc., which has announced that he will become Chairman of its board as of its May 2014 shareholders’ meeting.

Leo Mullin

Mr. Leo F. Mullin is Independent Director of ACE Ltd. since August 2007. He served as Chief Executive Officer of Delta Air Lines, Inc. from 1997 to 2003 and as Chairman of Delta from 1999 to 2004. Mr. Mullin currently serves as a Senior Advisor, on a part-time basis, to Goldman Sachs Capital Partners, a private equity fund group. Mr. Mullin is also a director of Johnson & Johnson and the Education Management Corporation. Mr. Mullin was Vice Chairman of Unicom Corporation and its principal subsidiary, Commonwealth Edison Company, from 1995 to 1997. He was an executive of First Chicago Corporation (bank holding company) from 1981 to 1995, serving as that company’s President and Chief Operating Officer from 1993 to 1995.

Eugene Shanks

Mr. Eugene B. Shanks, Jr. is Independent Director of ACE Ltd. since May 2011. Mr. Shanks is a member of the Board of Directors of Federal Home Loan Mortgage Corporation (Freddie Mac), and chairs its nominating and governance committee as well as serving on its business and risk committee and its executive committee. Mr. Shanks is also a senior advisor to Bain & Company. From November 2007 until August 2008, Mr. Shanks was a senior management consultant for Trinsum Group, Incorporated, a strategic consulting and asset management company. From 1997 until its sale in 2002, Mr. Shanks was President and Chief Executive Officer of NetRisk, Inc., a risk management software and advisory services company he founded. From 1973 to 1978 and from 1980 to 1995, Mr. Shanks held a variety of positions with Bankers Trust New York Corporation and Bankers Trust Company, including head of Global Markets from 1986 to 1992 and President and Director from 1992 to 1995.

Theodore Shasta

Mr. Theodore E. Shasta is Independent Director of ACE Ltd. Mr. Shasta is currently a member of the Board of Directors and Audit Committee of MBIA Inc. Mr. Shasta was formerly Senior Vice President and Partner of Wellington Management Company, a global investment advisor. Mr. Shasta joined Wellington Management Company in 1996 and specialized in the financial analysis of publicly-traded insurance companies and retired in June 2009. Prior to joining Wellington Management Company, Mr. Shasta was a Senior Vice President with Loomis, Sayles & Company (investment management). Before that, he served in various capacities with Dewey Square Investors and Bank of Boston. In total, Mr. Shasta spent 25 years covering the insurance industry as a financial analyst.

Olivier Steimer

Mr. Olivier Steimer is Independent Director of ACE Ltd. since July 2008. He has been Chairman of the Board of Banque Cantonale Vaudoise since 2002. Previously, he worked for the Credit Suisse Group from 1983 to 2002, with his most recent position at that organization being Chief Executive Officer, Private Banking International and member of the Group Executive Board. Mr. Steimer is Chairman of the foundation board of the Swiss Finance Institute and a Vice Chairman of the Board of Directors of SBB CFF FFS (the Swiss national railway company). From 2009 until 2012, he was the Chairman of the Board of Piguet Galland & Cie SA. Since 2009, he has been a member and, since 2012, he has been Vice Chairman of the Bank Council of Swiss National Bank. Mr. Steimer is a Swiss citizen.

Helen Wilson

Options Compensation

Name Options Value

Evan Greenberg

990,000 22,551,670

John Keogh

18,393 572,876

John Lupica

34,520 1,677,500

Philip Bancroft

176,000 3,748,465

Giles Ward

0 0

Timothy Boroughs

0 0

Sean Ringsted

18,500 932,207

Joseph Wayland

0 0

Robert Hernandez

0 0

Michael Atieh

0 0

Mary Cirillo

0 0

Michael Connors

0 0

Peter Menikoff

0 0

Leo Mullin

0 0

Eugene Shanks

0 0

Theodore Shasta

0 0

Olivier Steimer

0 0

Helen Wilson

0 0
Search Stocks