Speciality re/insurer Argo has announced the retirements of Kathleen Nealon and John Tonelli from the board of directors, effective immediately.
This move precedes the company’s Annual General Meeting scheduled for May 6.
Following this meeting, the size of company’s board is due to be reduced to 9 directors.
“On behalf of the entire board, I would like to thank Kate and John for their tenure,” said Thomas A. Bradley, Argo Group’s Non-Executive Chairman of the Board.
“The company has grown and evolved into a much stronger U.S.-focused specialty insurer under their direction. We appreciate their leadership, commitment and contributions to positioning this company for future success.”
Nealon joined the board in 2011 and serves on the Audit and Risk & Capital Committees. Tonelli joined the board in 2010 and serves as the Investment Committee chair and as a member of the Nominating and Corporate Governance Committee.