PartnerRe announces retirement of two longstanding executives

6 July 2017 — Vlad BOLDIJAR
PartnerRe Ltd. announced that Tad WALKER, CEO Property & Casualty and Marvin PESTCOE, Chief Risk and Actuarial Officer, will both retire from the company at the end of Q1 2018.

The Bermudian-based reinsurer said is conducting external searches for their successors.

Tad WALKER has been with the company for more than 15 years. He joined PartnerRe as Head of Catastrophe in 2002 and has held the positions of Chief Underwriting Officer for PartnerRe U.S. and President & CEO of North America. In June 2016, he assumed executive responsibility for PartnerRe's property and casualty worldwide business segment.

Marvin PESTCOE first joined PartnerRe in 2001 and held several executive positions with the Company including Chief Investment Officer, Head of Strategic Ventures, and CEO Life & Health, before retiring in 2014. In 2015, Marvin rejoined PartnerRe at the time of the EXOR acquisition, as Interim CEO of Life and Health, and extended his commitment in 2016 by assuming the new role of Chief Risk and Actuarial Officer.

"As Tad and Marvin turn their focus to family and other personal and professional commitments, I would like to thank them for their valuable contribution to establishing the foundation upon which we will build for years to come", said Emmanuel Clarke, President and CEO.

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