The Board of Directors of Bermuda’s Max Re Capital Ltd. announced a dividend of $0.02 per common share, payable on March 3, 2003 to shareholders of record on February 17, 2003.
It also revealed that William Goodell had resigned from the Company’s Board of Directors to accept a new position as President of the Robertson Foundation and General Counsel of Tiger Management LLC, in accordance “with the policies of those entities. He had been a board member since February 2002.
Robert J. Cooney, Max Re Chairman, President & CEO, stated, “We are sorry to see Bill leave. He has made a valuable contribution to the Company during the short period he has been with us. We wish him well in his future endeavors.”
The company has not yet named a new director.
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