Everest Group and VIG Re have announced significant leadership changes that will shape their future operations.
At Everest Group, Joseph V. Taranto, the long-serving chairman, will retire when his term ends in May 2025. Taranto has been with the company since 1994, serving as chairman and CEO during his tenure. His leadership has been pivotal in establishing Everest as a prominent player in the property and casualty insurance market. The company has nominated John Graf, who has been an independent board member since 2016, to take over as chairman. Graf also holds a position as non-executive vice chairman at Global Atlantic Financial Group. Everest’s current president and CEO, Jim Williamson, expressed gratitude for Taranto’s contributions and optimism for Graf’s leadership.
Meanwhile, VIG Re, the reinsurance arm of the Vienna Insurance Group, is making moves to expand its international presence. Marc Haushofer will join as executive director for International Business Development starting May 1, 2025. Haushofer brings over 40 years of experience in the reinsurance industry, having held significant roles at RenaissanceRe and Validus Re. His expertise is expected to enhance VIG Re’s global strategy.
In addition, Viktor Faucret has been promoted to managing director of VIG Re France and head of Treaty Non-Life. Faucret has been with VIG Re since 2017 and has played an essential role in establishing the company’s operations in Paris. His new role will focus on expanding business in France and surrounding regions.
These appointments reflect both companies’ commitments to strengthening their leadership teams and expanding their market reach.