Everest board chair retires

Everest has named John Graf to be the next chairman of the board, following the retirement of veteran Joseph V. Taranto (pictured), who steps down after over 30 years in the leadership position. 

Taranto is retiring having held the position since 1994 and served as CEO from 1994 to 2013.

John Graf, currently an independent board member and non-executive vice chairman of Global Atlantic Financial Group, will succeed him at the group’s annual shareholders meeting in May.

Jim Williamson, Everest president and CEO, said: “We are deeply grateful for Joe’s steadfast leadership and commitment to Everest over several decades. Under Joe’s guidance, Everest has grown into a global P&C market leader with significant value potential. Looking to the future, we are delighted to nominate John to build on this strong foundation. John is a proven asset to our board, providing experience and insight that supports Everest’s next chapter and our strategy to deliver exceptional service and shareholder returns.”

Taranto said: “I have had the privilege of steering Everest through many facets of growth and milestones including its early evolution as a public company and its expansion into key global insurance markets. I want to thank my esteemed fellow directors, as well as Jim and his management team, for their dedication and partnership over the years. I am confident that Everest is positioned with the right talent and platform for a new era of opportunity and continued success in the future.”

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