Everest Re announces passing of former investment chair
Everest Re Group has announced the passing of Everest board director John Arthur Weber.
Weber was elected to the Everest board of directors in 2003, serving as chairman of the investment committee for 18 years. Over his five-decade long career as an investment analyst and manager of mutual funds and pension fund assets, Weber held a variety of roles culminating in senior vice president and president of State House Capital Management. He was also chairman of Aviva's North American Investment Management group. In retirement, Weber was the managing partner of Copley Square Capital.
In addition to his professional accomplishments, Weber served in the US Army as a 1st Lieutenant and tank platoon leader in an armored cavalry regiment in Vietnam.
“It has been an honor for me and my fellow Directors to serve alongside John,” said Joseph Taranto, Everest chairman. “John’s contributions to Everest’s success over the past two decades have been invaluable. He was so proud to be part of Everest and believed deeply in our vision. Everest is a better company because of his counsel, warmth, and kind spirit. We are privileged to have had such a wonderful colleague and friend.”
Juan Andrade, Everest President and CEO, added: “We are all heartbroken by the passing of our friend and share our deepest sympathies with John’s family, including his wife Nancy, son Timothy, his grandson Nicholas and his many nieces, nephews and friends.
“John epitomized Everest’s culture. He was thoughtful, intelligent, and kind. He brought a special brand of humility and wisdom to our work together. He led an exemplary life of service and his dedication to his family, country and profession is inspiring. John’s legacy is exceptional, and he will be greatly missed and never forgotten.”