RenRe bolsters board with PepsiCo's Trudell as independent director

Bermuda-based RenaissanceRe Holdings (RenRe) has appointed Cythnia Trudell to serve as an independent director of the company, following the retirement of Edward Zore.

Trudell most recently served as executive vice president and chief human resources officer of PepsiCo, and previously served in a number of executive and management positions with General Motors Corporation and Brunswick Corporation, including as chairwoman and president of Saturn Corporation, president of IBC Vehicles and president of Sea Ray Group.

Kevin O’Donnell, president and chief executive of RenaissanceRe, said: “The entire RenaissanceRe executive team and my fellow directors are delighted by the nomination of Cynthia. Her distinguished background as a chief executive and as a leader of organizational talent across industries confronting change, as well as her experience as a director in financial services, is ideal for our company at this time. We are also pleased to recognize Ed for his distinguished service. Ed’s industry experience, investment acumen and general wise counsel have been invaluable to me and my team. We thank Ed for his service, and look forward to welcoming Cynthia.”

James Gibbons, non-executive chair of RenaissanceRe, added: “The entire RenaissanceRe Board is pleased to nominate Cynthia for election by our shareholders. We are confident that Cynthia’s broad experience as a chief executive, as an operating manager, and as a chief human resources officer of a leading global enterprise, will support the board’s oversight at a time when the company’s organic and inorganic growth is expanding its operational footprint and breadth of client services significantly. Cynthia’s expertise and proven experience in board leadership will contribute significantly to our stewardship of the organization on behalf of all of our shareholders.”

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