Bermudian reinsurer RenaissanceRe has added former Executive Vice President and Chief Human Resources Officer of PepsiCo, Cynthia Trudell, to its Board of Directors as an independent director.
Her nomination comes as Edward Zore is due to retire from the Board at the end of his term, with each to occur in conjunction with the Company’s Annual General Meeting of Shareholders in May.
From 2011 until her retirement in September 2017, Trudell served as EVP and Chief Human Resources Officer of PepsiCo, following a period as Senior Vice President and Chief Personnel Officer from 2007 to 2011.
Prior to this she held a number of exec operating and general management positions with General Motors from 1981 to 2001, and with Brunswick Corporation from 2001 to 2006, including chairwoman and president of Saturn Corporation, president of IBC Vehicles and president of Sea Ray Group.
“The entire RenaissanceRe executive team and my fellow directors are delighted by the nomination of Cynthia,” stated Kevin O’Donnell, President and Chief Executive Officer of RenaissanceRe.
“Her distinguished background as a chief executive and as a leader of organizational talent across industries confronting change, as well as her experience as a director in financial services, is ideal for our Company at this time.”
“We are also pleased to recognize Ed for his distinguished service. Ed’s industry experience, investment acumen and general wise counsel have been invaluable to me and my team. We thank Ed for his service, and look forward to welcoming Cynthia.”
James Gibbons, non-Executive Chair of RenaissanceRe added, “The entire RenaissanceRe Board is pleased to nominate Cynthia for election by our shareholders.”
“We are confident that Cynthia’s broad experience as a chief executive, as an operating manager, and as a chief human resources officer of a leading global enterprise will support the Board’s oversight at a time when the Company’s organic and inorganic growth is expanding its operational footprint and breadth of client services significantly.
