Bermuda-based RenaissanceRe Holdings Ltd. has named Fred R. Donner as its new Executive Vice President and Chief Financial Officer. He succeeds John M. Lummis who, as previously announced, is retiring from the Company effective June 30, 2006. Donner, who will be based in Bermuda, will also join the Company’s Operating Committee and will report directly to CEO Neill A. Currie.
“Mr. Donner, 48, joins RenaissanceRe after a 22 year career at KPMG LLP, where he most recently served as Senior Audit Partner and National Insurance Practice Leader advising companies in the industry and overseeing the audit, tax and advisory services provided to the firm’s insurance clients,” said the bulletin.
Currie commented: “We are delighted to be able to count on Fred’s financial and managerial talents as we work to extend our record of superior performance and financial strength, and continue to enhance our compliance, controls and financial reporting.”
He also expressed the Company’s appreciation to Lummis for his “commitment to and efforts on behalf of RenaissanceRe throughout its history. We are grateful for his assistance in supporting a smooth transition. We wish him well as he prepares for a new chapter in his life,” Currie concluded.
Donner commented, “I am delighted to join RenaissanceRe and am excited to become part of an exceptional, well-regarded management team.”
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