CEO Stephen Hester News

RSA Returns to Profit in First Half, Plans to Restart Dividend

The UK’s RSA Insurance Group Plc swung to a profit in the first half and plans to resume shareholder payouts in the full year as CEO Stephen Hester continues to turn around the insurer. Pretax profit was Ā£69 million ($116 …

RSA’s CEO Hester Taps Buffett for Reinsurance; Confirms Share Sale

After less than a month on the job, RSA Insurance Group Plc Chief Executive Officer Stephen Hester announced a stock sale and tapped Warren Buffett for reinsurance to help strengthen the insurer after its scandal in Ireland. Hester announced the …

RSA Hires Ex-RBS Boss Hester as CEO after Irish Losses

RSA Insurance Group Plc has hired former Royal Bank of Scotland Group Plc CEO Stephen Hester to lead the U.K. insurer as it seeks to put a scandal at its Irish unit behind it. Hester, 53, succeeds Simon Lee, who …