Robert P. Myron, chief financial officer at Bermuda-based specialty insurer Argo Group International Holdings, Ltd. will leave the company next week a few months after joining Argo in a merger, the firm said.
Mr. Myron it was announced will be leaving to pursue “another business opportunity” that was not identified.
He was previously with PXRE Group Ltd. until its merger with Argonaut Group this August. Argo Group President and Chief Executive Officer Mark E. Watson III said Mr. Myron had played a key role in ensuring the merger “proceeded smoothly and efficiently.”
The company said Mr. Myron's last day on the job at Argo is Oct. 26. He will be replaced on an interim basis by Mark W. Haushill, Argonaut CFO since 2001. Argo said it will conduct a search to fill the CFO position on a permanent basis and expects to complete the search by year's end.
Mr. Haushill, having served as the chief financial officer of Argonaut Group since 2001, “has a thorough understanding of all of our businesses, including the international specialty segment,” said Mr. Watson.
“His willingness to accept the role of interim chief financial officer of Argo Group assures that we will have a seamless transition of Mr. Myron's responsibilities,” Mr. Watson said.
Argo is an international underwriter of specialty insurance and reinsurance products in niche areas of the property and casualty market–primarily excess and surplus lines, select markets, and international specialty.
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