Barton Hedges, CEO of Greenlight Re, will step down from the role after 11 years of service, effective from 31 March next year.
Hedges will also step down from his role on the company’s board of directors.
Leonard Goldberg, Greenlight’s former CEO and current member of the board, will become interim CEO once Hedges leaves.
Greenlight Re said it intends to “undertake a fulsome succession process, including conducting a search process of internal and external candidates, to find a permanent successor to Hedges”.
David Einhorn, chairman of the board, commented: “On behalf of the board, I want to thank Barton Hedges for his contributions to Greenlight Re over the last 11 years. We would like to thank him for his efforts in implementing [the company’s] strategy and developing a talented, experienced team. We wish him all the best in his future endeavours.”
