X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
It's unclear whether the new reporting structure was announced because of the investigation or if the company knew that Watson planned to step down. Argo did not immediately respond to requests for comment at the time of this publication. (Photo: iStock) It’s unclear whether the new reporting structure was announced because of the investigation or if the company knew that Watson planned to step down. Argo did not immediately respond to requests for comment at the time of this publication. (Photo: iStock)

Argo Group International Holdings Ltd. announced its establishment of a new reporting structure led by newly appointed executive vice presidents. Gary Grose, Tim Carter and the third executive vice president, to be announced later this year, will report to Kevin Rehnberg, who was named interim CEO on Nov. 5 after Mark E. Watson III stepped down from the position amid an investigation by securities regulators over Argo’s executive compensation practices.

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at djacob@alm.com.

More from this author

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.