Everest Re signs on Andrade for another two years
Everest Re has extended the employment contract of its chief executive Juan, who took on the role at the start of 2020. Following agreement by the board, the contract with Andrade is extended to the end of 2023, with automatic annual extensions following that.
“In the past 24 months as Everest’s CEO, Juan has made exceptional progress positioning the company for long-term profitable growth,” said Joseph V. Taranto, Everest chairman. “On behalf of the entire Board, we have the utmost confidence in Juan’s ability to lead Everest through its next phase of evolution and success.”
“I am honoured to continue leading Everest into the future alongside a world-class management team and with the ongoing support of our Board of Directors,” said Andrade. “Together with our outstanding team around the world, we are profitably growing our Company. I am excited to advance Everest’s strategic growth agenda to deliver even greater value for our shareholders and clients while fostering a vibrant and inclusive culture for our employees.”
Andrade joined the Bermuda re/insurer as chief operating officer in October 2019 and took on the top role the following January. Before that, he was president of overseas general insurance at Chubb.
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