XL's O'Hara To Retire; Charman Staying At Axis

"Over the last two decades, including the last 13 years as CEO, Brian has developed a formidable global business franchise, with a values-based culture built on integrity, which has established a reco

By Staff Writer | Updated on October 24, 2007

Last night, XL Capital in Bermuda announced that its president and chief executive officer, Brian O’Hara, will retire from those positions in the middle of next year, after 20 years with the company.

XL said Mr. O’Hara informed the board of directors of his decision, prompting the board to implement a succession plan–authorizing a succession committee to lead the new CEO selection process.

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