Global insurance and reinsurance firm Everest has announced the retirement of Joseph V. Taranto, current Board Chair, when his term expires in May, and the nomination of John Graf by the Board to take over as Chair at the May 2025 Annual Shareholders Meeting.
Taranto has served as Chairman of Everest’s Board since 1994 and was the Bermudian’s Chief Executive Officer (CEO) from 1994 through 2013.
His successor, Graf, has served as an independent board member since 2016, and is the non-executive Vice Chairman of Global Atlantic Financial Group.
Jim Williamson, President and CEO, Everest, commented, “We are deeply grateful for Joe’s steadfast leadership and commitment to Everest over several decades. Under Joe’s guidance, Everest has grown into a global P&C market leader with significant value potential.
“Looking to the future, we are delighted to nominate John to build on this strong foundation. John is a proven asset to our Board, providing experience and insight that supports Everest’s next chapter and our strategy to deliver exceptional service and shareholder returns.”
Taranto added, “I have had the privilege of steering Everest through many facets of growth and milestones including its early evolution as a public company and its expansion into key global insurance markets.
“I want to thank my esteemed fellow directors, as well as Jim and his management team, for their dedication and partnership over the years. I am confident that Everest is positioned with the right talent and platform for a new era of opportunity and continued success in the future.”
