Bermuda-based AXIS Capital Holdings Limited announced that Jeffrey Walker, the Managing Partner of JPMorgan Partners, LLC, has stepped down from its Board of Directors, effective August 9, 2005.
His departure follows the announcement that JPMorgan Partners and several private entities plan to sell 7.8 million AXIS shares (See IJ Website Aug. 10).
Walker has served as a director of AXIS since its formation in November of 2001. He co-founded JPMorgan Partners, LLC in 1984 and is a member of the Executive Committee and Vice Chairman of JP Morgan Chase & Co.
“Jeff has been a great asset to the Company over the last three and one-half years,” stated AXIS Chairman Michael Butt. “The Board, management and I are all grateful for his significant contributions during AXIS Capital’s critical development stages.”
Was this article valuable?
Here are more articles you may enjoy.
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July 
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says 
