United States

People: Validus Holdings Ltd (VR)

VR on New York Consolidated

17 Oct 2017
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Noonan, Edward 

Mr. Edward Joseph Noonan is a Chairman of the Board of Directors and Chief Executive Officer of the Validus Group., since October 2005. Mr. Noonan has over 30 years of experience in the insurance and reinsurance industry, serving most recently as the acting chief executive officer of Global Indemnity Ltd. (Nasdaq: GBLI) from February 2005 through October 2005 and as a member of the board of directors from December 2003 to May 2007. Mr. Noonan served as president and chief executive officer of American Re-Insurance Company from 1997 to 2002, having joined American Re in 1983. Mr. Noonan also served as chairman of Inter-Ocean Reinsurance Holdings of Hamilton, Bermuda from 1997 to 2002. Prior to joining American Re, Mr. Noonan worked at Swiss Reinsurance from 1979 to 1983. Mr. Noonan currently serves as a director of Central Mutual Insurance Company. The specific experience, qualifications, attributes and skills that led to the conclusion that Mr. Noonan should serve as a director, as of the date hereof, are as follows: Mr. Noonan has extensive experience in the global (re)insurance industry. Mr. Noonan has also served as a director of insurance and reinsurance companies, including serving as audit committee chair and board chairperson.

Basic Compensation

Total Annual Compensation, USD 2,119,590
Restricted Stock Awards, USD 1,500,000
Long-Term Incentive Plans, USD --
All Other, USD 870,967
Fiscal Year Total, USD 4,490,550

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --