Maiden Holdings CEO communicates decision to retire for personal reasons
The Company announced that Art Raschbaum, Maiden's President and Chief Executive Officer, has communicated his decision to retire for personal reasons effective September 1, 2018. The Company's Board of Directors have appointed Lawrence F. Metz, Maiden's current Executive Vice President, General Counsel and Secretary, to serve in the role of President and Chief Executive Officer. Additionally, Karen Schmitt, Chief Financial Officer, has announced her retirement and will remain with the Company as Executive Vice President until March 1, 2019. Maiden's Board of Directors has announced that Patrick J. Haveron, currently President of Maiden Reinsurance Ltd., has been named Maiden's Chief Financial Officer and Chief Operating Officer effective September 1, 2018. Mr. Haveron will remain as President of Maiden Bermuda.