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Everest chief secures employment settlement extension

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Global reinsurance and insurance provider Everest Re Group has renewed its employment contract with President and CEO Juan C. Andrade.

“I am honored to continue to lead Everest into the future together with a first-class management team and with the continued support of our board of directors,” commented Andrade, who will remain at the helm until the end of 2023.

“Together with our excellent team around the world, we are expanding our company profitably. I’m excited to drive Everest’s strategic growth agenda to deliver even more value to our shareholders and customers while promoting a vibrant and inclusive culture for our employees. “

The Chubb alumnus came on board Everest in 2019 as Chief Operating Officer, before succeeding Dominic J. Addesso at the helm the following year.

“In the past 24 months as CEO of Everest, Juan has made exceptional strides in positioning the company for long-term profitable growth,” said Everest Chairman Joseph V. Taranto. “On behalf of the entire board of directors, we have great confidence in Juan’s ability to lead Everest through its next phase of development and its success.”

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