People: AXIS Capital Holdings Ltd (AXS)
AXS on New York Consolidated
43.52USD
23 May 2013
43.52USD
23 May 2013
Price Change (% chg)
$0.02 (+0.05%)
$0.02 (+0.05%)
Prev Close
$43.50
$43.50
Open
$43.22
$43.22
Day's High
$43.59
$43.59
Day's Low
$43.07
$43.07
Volume
314,802
314,802
Avg. Vol
843,396
843,396
52-wk High
$46.14
$46.14
52-wk Low
$30.60
$30.60
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Michael Butt |
70 | 2002 | Chairman of the Board |
Albert Benchimol |
55 | 2012 | President, Chief Executive Officer, Director |
Joseph Henry |
60 | 2012 | Chief Financial Officer |
Christopher DiSipio |
50 | 2012 | Chief Executive Officer - AXIS Accident & Health |
John Gressier |
45 | 2012 | Chief Executive Officer - AXIS Insurance |
John Nichols |
53 | 2012 | Chief Executive Officer - AXIS Reinsurance |
Dennis Reding |
64 | 2007 | Chief Operating Officer |
Donald Greene |
79 | Lead Independent Director | |
Geoffrey Bell |
73 | 2006 | Independent Director |
Jane Boisseau |
67 | 2012 | Independent Director |
Charles Davis |
65 | 2001 | Independent Director |
Robert Friedman |
70 | 2001 | Independent Director |
Christopher Greetham |
68 | 2006 | Independent Director |
Maurice Keane |
71 | 2002 | Independent Director |
Andrew Large |
70 | 2006 | Independent Director |
Cheryl-Ann Lister |
55 | 2008 | Independent Director |
Thomas Ramey |
69 | 2009 | Independent Director |
Henry Smith |
64 | 2004 | Independent Director |
Alice Young |
62 | 2013 | Independent Director |
Wilhelm Zeller |
68 | 2009 | Independent Director |
Linda Ventresca |
IR Officer |
Biographies
| Name | Description |
|---|---|
Michael Butt |
Mr. Michael A. Butt is Chairman of the Board of Axis Capital Holdings Ltd., since September 2002. Mr. Butt has 45 years of insurance industry experience. From 1982 to 1986, Mr. Butt was the Chairman of Sedgwick Limited and Vice Chairman of the Sedgwick Group plc. From 1987 to 1992, Mr. Butt served as Chairman and Chief Executive Officer of Eagle Star Holdings plc and Eagle Star Insurance Company. From 1993 to 1998, Mr. Butt was Chief Executive Officer and President of Mid Ocean Limited. From 1998 to August 2002, Mr. Butt was a director of XL Capital Ltd. Mr. Butt is a former director of the Farmers Insurance Group, BAT Industries and Instituto Nazionale delle Assicuranzioni. Mr. Butt also was the Chairman of the Association of Bermuda Insurers and Reinsurers from January 2008 through December 2009. In 2011, Mr. Butt was appointed as an Officer of the Order of the British Empire to commemorate his distinguished contributions over the past 20 years toward the building of the Bermuda reinsurance industry. |
Albert Benchimol |
Mr. Albert A. Benchimol is President, Chief Executive Officer, Director of AXIS Capital Holdings Limited. He has been appointed as President, Chief Executive Officer effective May 3, 2012 and as Director effective January 1, 2012. Mr. Benchimol joined the Company as Executive Vice President and Chief Financial Officer in January 2011 and has served as a director since January 2012. Mr. Benchimol is a director of AXIS Specialty Holdings Bermuda Limited and AXIS Specialty Limited. Prior to joining the Company, Mr. Benchimol served as Executive Vice President and Chief Financial Officer of PartnerRe Ltd. from April 2000 through September 2010, and Chief Executive Officer of PartnerRe Ltd.’s Capital Markets Group business unit from June 2007 through September 2010. Prior to joining PartnerRe, Mr. Benchimol was Senior Vice President and Treasurer at Reliance Group Holdings, Inc. for 11 years and was formerly with the Bank of Montreal from 1982 to 1989. |
Joseph Henry |
Mr. Joseph C. Henry is Chief Financial Officer of AXIS Capital Holdings Limited, since June 18, 2012. He previously had served as Executive Vice President and Chief Financial Officer of XL Insurance since 2006. From 2003 to 2006, Mr. Henry was the Global Controller for XL Global Services and also served as the interim Corporate Controller for XL Capital from 2005 to 2006. Prior to joining XL, he held various senior leadership positions at Meadowbrook Insurance Group including Chief Operating Officer and Chief Financial Officer. Mr. Henry began his career at KPMG where he became an Audit Partner before leaving to join the Hanover Insurance Companies as its Chief Financial Officer and Treasurer in 1987. |
Christopher DiSipio |
Mr. Christopher N. DiSipio is Chief Executive Officer - AXIS Accident & Health of Axis Capital Holdings Ltd. He has served as an Executive Officer since September 2012. Mr. DiSipio develops and implements Accident & Health strategy worldwide. He has 28 years of experience in the insurance industry, specifically in the Accident & Health business. Prior to joining AXIS, he had been with the Chubb Corporation since 1999, most recently as the Chief Operating Officer and Senior Vice President for Life, Accident & Health. Mr. DiSipio began his insurance career in 1984 as an underwriter with CNA Insurance Company, where he helped start and subsequently led the company’s International Accident & Health Division. |
John Gressier |
Mr. John W. Gressier is Chief Executive Officer - AXIS Insurance of Axis Capital Holdings Ltd. Prior to that appointment, he served as Deputy Chairman of AXIS Insurance since January 2005 and Chief Executive Officer and President of AXIS Global Insurance since April 2002. Mr. Gressier has 25 years of experience in the insurance industry. Mr. Gressier served as an underwriter at Charman Underwriting Agencies from 1989 until 1998, when ACE Limited acquired that entity. Mr. Gressier then served as Deputy Underwriter of Syndicates 488/2488, Director of ACE Global Markets Underwriting Limited and Director of Marine and Specialty Lines for Syndicate 2488. He was a member of ACE Global Markets Executive Underwriting Committee. In February 2001, Mr. Gressier was appointed Joint Active Underwriter of Syndicate 2488 and director of the ACE Agency Board, where he served until joining the Company in 2002. |
John Nichols |
Mr. John D. Nichols is Chief Executive Officer - AXIS Reinsurance of Axis Capital Holdings Limited, since April 2, 2012. Mr. Nichols is the former President of RenaissanceRe Ventures Ltd., where he and his team were responsible for business development and management of RenaissanceRe’s Joint Ventures and Venture Capital businesses. In his role at RenaissanceRe, Mr. Nichols was responsible for the formation of DaVinci Reinsurance and Top Layer Reinsurance, as well as several sidecars and other ventures. Prior to joining RenaissanceRe in 1995, Mr. Nichols held positions at Hartford Steam Boiler, Monarch Capital and the accounting firm of Matson, Driscoll and D’Amico. |
Dennis Reding |
Mr. Dennis B. Reding is Chief Operating Officer of AXIS Capita Holdings Ltd., since January 11, 2007. Prior to that appointment, served as Chairman of AXIS Insurance since January 2005. From January 2003 until December 2004, he was Chief Executive Officer of AXIS U.S. Insurance. Mr. Reding has 42 years of industry experience. Mr. Reding was President and Chief Executive Officer of Westchester Specialty Group from 1992 to 1998. He then served as President and Chief Executive Officer of ACE USA, Inc. from 1998 to 2001 and President of ACE INA Holdings, Inc. from 2001 to 2002. Mr. Reding was Chairman and Chief Executive Officer of Combined Specialty Group, Inc., an Aon subsidiary, in 2002. |
Donald Greene |
Mr. Donald J. Greene is Lead Independent Director of Axis Capital Holdings Ltd. Mr. Greene was a name partner of LeBoeuf, Lamb, Greene & MacRae LLP (now known as Dewey & LeBoeuf LLP), where he practiced from 1964 until his retirement in 2001. Mr. Greene also is a director of Associated Electric & Gas Insurance Services Limited and of its wholly-owned Lloyd’s syndicate management company, AEGIS Managing Agency Limited. He is a former director of AXA Financial Holdings and Equitable Life Assurance Company. He was a founding director and former Chairman of the International Insurance Foundation and a former director of the International Insurance Council. He is a member of the Board of Overseers of the School of Risk Management of St. John’s University (formerly the College of Insurance) and a director of the Risk Foundation. In addition, he is an invested Commander of the Most Excellent Order of the British Empire by order of his Majesty’s Government for service to Lloyd’s, the British insurance industry and the community of international insurance and law. |
Geoffrey Bell |
Mr. Geoffrey Bell is an Independent Director of Axis Capital Holdings Ltd., since September 8, 2006. He currently is President of Geoffrey Bell and Company formed in 1982 as a consultant to corporations and banks internationally providing advice on capital market transactions as well as undertaking economic, financial and country risk analysis. He also is the Founder and is a member of the Board of Directors of the Consultative Group of International Economic and Monetary Affairs known as the Group of 30. |
Jane Boisseau |
Ms. Jane Boisseau is an Independent Director of Axis Capital Holdings Ltd., since December 4, 2012. Ms. Boisseau is a former co-chair of the Insurance Regulatory Department of the law firm Dewey & LeBoeuf LLP, with substantial experience in a variety of insurance regulatory and transactional matters. She began practicing law in 1985 at LeBoeuf, Lamb, Leiby & MacRae, the predecessor firm to Dewey & LeBoeuf. Ms. Boisseau holds a law degree from the New York University School of Law. |
Charles Davis |
Mr. Charles A. Davis is an Independent Director of Axis Capital Holdings Ltd. Since June 2005, Mr. Davis has been a member and the Chief Executive Officer of Stone Point Capital LLC. From 1998 until May 2005, he was with MMC Capital, Inc., a subsidiary of Marsh & McLennan Companies, Inc., serving as the Chief Executive Officer from 1999 to 2005 and Chairman from 2002 to 2005. He also served as a Vice Chairman of Marsh & McLennan Companies, Inc. from 1999 to November 2004. Prior to joining MMC Capital in 1998, Mr. Davis spent 23 years at Goldman, Sachs & Co., where, among other positions, he served as head of Investment Banking Services worldwide, head of the Financial Services Industry Group, a General Partner, a Senior Director and a Limited Partner. Mr. Davis also is a director of Media General, Inc., The Hershey Company and The Progressive Corporation. |
Robert Friedman |
Mr. Robert L. Friedman is an Independent Director of Axis Capital Holdings Ltd. Since July 2012, Mr. Friedman has been a Senior Advisor of The Blackstone Group L.P. (“Blackstone”). From February 1999 to June 2012, he was a Senior Managing Director of that firm, and from January 2003 to August 2010 he was also its Chief Legal Officer. Prior to joining Blackstone, Mr. Friedman was a partner at Simpson Thacher & Bartlett LLP for 25 years, where he served as a senior member of that law firm’s mergers and acquisitions practice. Mr. Friedman serves as a director of TRW Automotive Holdings Corp, Orbitz Worldwide Inc. and YRC Worldwide Inc. |
Christopher Greetham |
Mr. Christopher V. Greetham is an Independent Director of Axis Capital Holdings Ltd., since October 1, 2006. He also is a director of AXIS Re Limited and AXIS Specialty Europe Limited. From 1996 to 2006, he served as Chief Investment Officer of XL Capital Ltd. From 1982 to 1996, Mr. Greetham was Chief Financial Officer of OIL Insurance Ltd. and President of OIL Investment Corporation Ltd. Between 1975 and 1982, he served as an investment analyst and a portfolio manager at Bankers Trust Company. |
Maurice Keane |
Mr. Maurice A. Keane is an Independent Director of Axis Capital Holdings Ltd., since September 2002. Mr. Keane formerly was the Group Chief Executive Officer of the Bank of Ireland, a position he held from 1998 until 2002. He was Deputy Group Chief Executive Officer from 1991 through 1997, having been a Managing Director since 1983. He is currently a member of the National Pension Reserve Fund Commission. He served as a director of Irish Bank Resolution Corporation Limited (formerly Anglo Irish Bank Corporation Limited) from the time of its nationalization in January 2009 until February 2013. |
Andrew Large |
Sir. Andrew Large is an Independent Director of Axis Capital Holdings Ltd., since December 7, 2006. He retired as Deputy Governor for Financial Stability at the Bank of England and as a member of the Bank’s Monetary Policy Committee in 2006. Prior to his appointment to the Bank of England in September 2002, he was Deputy Chairman of the Board of Barclays Bank plc from May 1998 when he also chaired the Group of 30 Project on Clearing and Settlement. From 1992 to 1997, he chaired the Securities and Investments Board in the United Kingdom. He was an investment banker from 1970 through 1990 at Orion Bank and Swiss Bank Corporation of which he was a member of the Management Board from 1987 through 1989. He began his career at British Petroleum in 1964. |
Cheryl-Ann Lister |
Ms. Cheryl-Ann Lister is an Independent Director of Axis Capital Holdings Limited, since September 19, 2008. Ms. Lister began her career in 1980 in the investment department of the Bank of N.T. Butterfield & Son Limited. From 1987 to 1992, she served as the manager of the investment department at Bermuda Commercial Bank. In 1992, she joined EBT Securities Limited, a privately held international investment trading company, and ultimately served as a director with responsibilities for the company’s operations in Bermuda and Brazil. From 1999 through 2006, Ms. Lister served in both the Chairperson and Chief Executive Officer roles at the Bermuda Monetary Authority, which is responsible for regulating and supervising financial institutions in Bermuda. Ms. Lister was a founding member and President of the Bermuda Society of Financial Analysts and served as a Governor for the Association of Investment Management and Research (now the CFA Institute). She also served as President of the International Society of Financial Analysts. Ms. Lister currently serves as a consultant to the Bermuda Ministry of Justice, she is the Chairperson of the National Anti-Money Laundering Committee and serves as a director of FIL Limited and HSBC Bank Bermuda Limited. |
Thomas Ramey |
Mr. Thomas C. Ramey is an Independent Director of AXIS Capital Holdings Limited., since July 13, 2009. Mr. Ramey was Chairman and President of Liberty International, a wholly owned subsidiary of Liberty Mutual Group, from 1997 to 2009. He served as Executive Vice President of Liberty Mutual Group from 1995 through 2009. Prior to joining Liberty, he was President and Chief Executive Officer of American International Healthcare, a subsidiary of AIG, and founder and President of an international healthcare trading company. He is a trustee of the Brookings Institution and a director of The Warranty Group. Mr. Ramey was formerly a member of the Chongqing Mayor’s International Advisory Council, a director of the International Insurance Society and the Coalition of Services Industries and Chairman of the International Fund for Animal Welfare. |
Henry Smith |
Mr. Henry B. Smith is an Independent Director of Axis Capital Holdings Ltd., since May 2004. He is also a director of AXIS Re Limited and AXIS Specialty Europe Limited. Mr. Smith served as the Chief Executive Officer and President of W.P. Stewart & Co., Ltd. from May 2005 to March 2006. Mr. Smith is the former Chief Executive Officer of the Bank of Bermuda Limited, a position he held from March 1997 until March 2004. He joined the Bank of Bermuda in 1973 as a management trainee and held various senior positions within the Bank of Bermuda, including Executive Vice President and Chief Operations Officer, Executive Vice President, Europe and Senior Vice President and General Manager, Retail Banking. He also is a director of HSBC Bank Bermuda Limited, a wholly-owned indirect subsidiary of HSBC Holdings plc. |
Alice Young |
Ms. Alice Young is an Independent Director of Axis Capital Holdings Limited. Since 1994, Ms. Young has served as a partner at the international law firm Kaye Scholer LLP and as Chairperson of the firm’s Asia Pacific practice. In 2013, Ms. Young became Special Counsel of Kaye Scholer LLP and continues to serve as Chairperson of the firm’s Asia Pacific practice. She has experience advising multinational entities and entrepreneurs on their business and investment activities in the United States and Asia. Ms. Young also serves as a member of the Board of Directors and on the Executive and Examining Committees of Mizuho Trust & Banking Co. (USA); as a Trustee of the Aspen Institute, Asia Foundation and Give2Asia; and as an Associate Fellow of Davenport College, Yale University. Ms. Young is a member of the Council on Foreign Relations, Committee of 100, Deloitte Inclusion External Advisory Council, Asia Society, the US-China Business Council and Japan Society. |
Wilhelm Zeller |
Mr. Wilhelm Zeller is an Independent Director of AXIS Capital Holdings Limited., since July 13, 2009. From 1996 to June 2009, Mr. Zeller served as the Chairman of the Executive Board of Hannover Re. Prior to joining Hannover Re, he was a member of the Executive Board of Cologne Re from 1977 through 1995. In 1995, he was also a member of the Executive Council of General Re Corporation, the new principal shareholder of Cologne Re. From 1970 through 1977, Mr. Zeller served as the head of the Casualty Department and International Department Non-Life at Zurich Insurance Company. A NACD board leadership fellow, he currently is a corporate director and consultant, serving as a director of Deutsche Hypothekenbank AG, EIS Group Ltd. and Towers Watson & Co. as well as a member of several advisory boards of German companies. |
Linda Ventresca |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Michael Butt |
8,525,030 |
Albert Benchimol |
22,674,000 |
Joseph Henry |
1,475,210 |
Christopher DiSipio |
-- |
John Gressier |
4,306,590 |
John Nichols |
3,549,190 |
Dennis Reding |
3,866,650 |
Donald Greene |
-- |
Geoffrey Bell |
-- |
Jane Boisseau |
-- |
Charles Davis |
-- |
Robert Friedman |
-- |
Christopher Greetham |
-- |
Maurice Keane |
-- |
Andrew Large |
-- |
Cheryl-Ann Lister |
-- |
Thomas Ramey |
-- |
Henry Smith |
-- |
Alice Young |
-- |
Wilhelm Zeller |
-- |
Linda Ventresca |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Michael Butt |
325,000 | 4,901,500 |
Albert Benchimol |
0 | 0 |
Joseph Henry |
0 | 0 |
Christopher DiSipio |
0 | 0 |
John Gressier |
280,000 | 4,304,634 |
John Nichols |
0 | 0 |
Dennis Reding |
190,000 | 2,023,339 |
Donald Greene |
160,000 | 2,189,203 |
Geoffrey Bell |
0 | 0 |
Jane Boisseau |
0 | 0 |
Charles Davis |
0 | 0 |
Robert Friedman |
0 | 0 |
Christopher Greetham |
0 | 0 |
Maurice Keane |
0 | 0 |
Andrew Large |
0 | 0 |
Cheryl-Ann Lister |
0 | 0 |
Thomas Ramey |
0 | 0 |
Henry Smith |
0 | 0 |
Alice Young |
0 | 0 |
Wilhelm Zeller |
0 | 0 |
Linda Ventresca |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
GIERYN RICHARD T JR |
12,060 | $45.53 |
GRESSIER JOHN W |
40,000 | $28.02 |
GRESSIER JOHN W |
40,000 | $29.62 |
BENCHIMOL ALBERT A |
42,976 | $44.52 |
BUTT MICHAEL ACTON |
38,341 | $42.49 |
BUTT MICHAEL ACTON |
55,000 | $29.62 |
BUTT MICHAEL ACTON |
36,270 | $42.49 |
BUTT MICHAEL ACTON |
55,000 | $28.02 |
NICHOLS JOHN DRAKE JR |
6,082 | $41.75 |
GRESSIER JOHN W |
1,300 | $40.02 |
GRESSIER JOHN W |
16,053 | $40.07 |
GRESSIER JOHN W |
200 | $40.05 |
GRESSIER JOHN W |
100 | $40.14 |
GRESSIER JOHN W |
200 | $40.09 |
GRESSIER JOHN W |
100 | $40.00 |
GRESSIER JOHN W |
100 | $40.22 |
GRESSIER JOHN W |
100 | $40.02 |
GRESSIER JOHN W |
8,830 | $40.12 |
GRESSIER JOHN W |
2,968 | $40.20 |
GRESSIER JOHN W |
200 | $40.34 |
GRESSIER JOHN W |
200 | $40.25 |
GRESSIER JOHN W |
2,337 | $40.29 |
GRESSIER JOHN W |
100 | $40.09 |
GRESSIER JOHN W |
2,906 | $40.25 |
GRESSIER JOHN W |
3,908 | $40.21 |

