The Board of Directors of White Mountains, a Bermuda-domiciled financial services holding company, has elected Weston M. Hicks as a director of the company.
Previously Hicks served as President and Chief Executive Officer (CEO) of Alleghany Corporation, a wholly-owned subsidiary of Berkshire Hathaway.
Prior to joining Alleghany, Hicks served at The Chubb Corporation where he held the role of Chief Financial Officer.
Moreover, Hicks also previously worked at J.P. Morgan as a senior research analyst and Managing Director.
In addition, Hicks has also previously served on the boards of both Alleghany Corporation and AllianceBernstein Corporation.
“We are delighted to welcome Weston to our Board of Directors. His long career in the insurance industry is especially relevant to White Mountains and will greatly benefit our owners,” commented CEO Manning Rountree.
Earlier this month, White Mountains released its results from Q422. The company reported that its Ark partner firm produced strong underwriting results in both the quarter and the full year, while growing full-year gross written premiums 37%.