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PEMBROKE, Bermuda, Dec. 13, 2016 (GLOBE NEWSWIRE) — AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS) today announced that Conrad D. Brooks has been promoted to General Counsel, effective Jan. 1, 2017. Mr. Brooks, who advances from the position of Executive Vice President, Corporate General Counsel, will report directly to Albert Benchimol, President and CEO of AXIS Capital, and will be a member of the Company’s Executive Committee. In his new role, Mr. Brooks will have global oversight of legal, compliance and regulatory operations across all AXIS offices.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5d504dea-5fcd-4163-888f-b961ab859a95
“Since joining AXIS a decade ago, Conrad has played a critical role in developing standards of operations for our global compliance and legal practices and, in doing so, has earned the respect and confidence of our Board of Directors and of our management team,” said Mr. Benchimol. “He brings to the General Counsel position an extensive understanding of our business, as well as deep expertise in the fields of corporate law, insurance regulation, compliance, underwriting support and litigation as it applies to global insurance and reinsurance. We are very proud to appoint him as a senior leader within our organization.”
Mr. Brooks’ promotion follows the retirement of Richard T. Gieryn Jr., who had served as AXIS Capital’s General Counsel since April 2006. A valued member of the Company’s senior leadership team, Mr. Gieryn enjoyed a 35-year career in law that included 14 years at AXIS.
“During his tenure at AXIS, Rick has been an integral member of our leadership team and has made significant contributions to our growth,” said Mr. Benchimol. “He has been a key player in helping the Company emerge from a start-up into a leading global player within the specialty insurance and reinsurance space. On behalf of our entire team at AXIS, we thank Rick for his leadership and counsel and wish him the absolute best on his retirement.”
Conrad D. Brooks Bio
Before joining AXIS Capital in January 2007 as Corporate Counsel, Mr. Brooks was a partner at the law firm McKenna Long & Aldridge LLP (now Dentons), where he was a member and practice team leader in the firm’s corporate and securities practice. Mr. Brooks holds a J.D. from Georgia State University College of Law, where he graduated magna cum laude, and a Bachelor of Science from the University of Illinois. He also earned a Master of Business Administration (Finance) from Old Dominion University. Mr. Brooks also formerly served as an officer in the United States Navy.
About AXIS Capital
AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at September 30, 2016 of $6.0 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada and Latin America. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A+” (“Superior”) by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com. Please be sure to follow AXIS Capital on LinkedIn.
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Investor ContactLinda VentrescaAXIS Capital Holdings Limitedinfo@axiscapital.com (441) 405-2727Media ContactJoe CohenAXIS Capital Holdings Limited joseph.cohen@axiscapital.com(212) 715-3524
