Dutch insurer Aegon NV has appointed Patrick Baird as the new president and chief executive of its U.S. division Aegon USA Inc., effective April 19 according to a Reuters report.
Baird replaces Donald Shepherd who will become chairman of Aegon, succeeding Kees Storm who is retiring.
According to a consensus from a Reuters poll of nine analysts, Aegon will post a 16 percent rise in net profit to 2.37 billion euros ($2.09 billion) compared to 2.04 billion euros in the previous year. Estimates ranged from 2.30 billion to 2.47 billion.
Earnings per share are seen climbing 13.5 percent to 1.76 euros within a range of 1.69 euros to 1.79 euros.
Topics USA
Was this article valuable?
Here are more articles you may enjoy.
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July 
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
Businesses Pressured to Respond to ICE While Becoming a Target 
