Veteran executive joins XL Group board of directors


XL Group has announced that James Nevels has joined its board of directors.

According to the company, Nevels has extensive financial services and board experience, including as chairman of The Swarthmore Group, an investment advisor firm he founded in 1991, and as chairman (2009-2015) and lead independent director (2015-2017) of The Hershey Company. He also served in senior roles at Prudential-Bache Securities and Smith Barney, Harris Upham & Co.

Nevels currently serves on the boards of First Data and Alcoa Corporation, and as lead independent director of WestRock. In addition, Nevels is currently a member of the board of trustees of PGA REACH, member of the Board of Trustees of Trout Unlimited and member of the Council on Foreign Relations.

Previously he served on the board of several organizations, including The Hershey Company, The Hershey Trust Company, the Milton Hershey School, the Federal Reserve Bank of Philadelphia, the Marine Corps Heritage Foundation, and MMG Insurance Company, among others.

“We are delighted to welcome Jim to XL’s Board of Directors,” said XL’s chairman, Eugene McQuade. “His exceptional knowledge of the investment industry and deep business and governance experience will be of tremendous benefit to the Company. We look forward to working with Jim and our talented teams to build on our strong market position and in realizing our future potential.”

XL Group, Appointment, James Nevels, Board of directors, Bermuda

Bermuda Re