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December 14, 2004
Aspen Insurance Holdings Announces the Resignation of Aspen Specialty President and CEO
Aspen Insurance Holdings Limited (NYSE:AHL) (BSX:AHL BH) today announced that it has accepted the resignation of Peter Coghlan, President and Chief Executive Officer of Aspen Specialty Insurance Company, a wholly-owned subsidiary. Mr. Coghlan resigned following his admission that he misstated his educational credentials in U.S. insurance regulatory submissions.
Chris Maciejewski will be named President of Aspen Specialty and will assume Mr. Coghlan's responsibilities effective immediately. Mr. Maciejewski has served as Executive Vice President and Chief Casualty Underwriter of Aspen Specialty since 2003.
Aspen Insurance Holdings Chief Executive Chris O' Kane said: "Peter made substantial contributions to Aspen. The circumstances surrounding his resignation are disappointing, but I am very pleased that Chris has accepted the role of President of Aspen Specialty and I am confident that he will lead this operation to a successful future."
Posted by Tom Troceen