logo
Share SHARE
FONT-SIZE Plus   Neg

Aspen Insurance CFO Richard Houghton To Leave Co., Effective Feb. 29, 2012

Aspen Insurance Holdings Ltd. (AHL) announced that its CFO or chief financial officer, Richard Houghton, will be leaving the company effective February 29, 2012 to pursue other opportunities. The company has initiated a search for a new Chief Financial Officer to replace Houghton.

Houghton will remain in his role through the company's filing of its annual report on Form 10-K for the year ended December 31, 2011, Aspen stated.

The company said that Julian Cusack, currently Chief Risk Officer of Aspen, will assume the role of acting Chief Financial Officer pending the appointment of a successor to Houghton. Prior to assuming his current role, Cusack was the Chief Financial Officer of the company from its inception until April 2007.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The month of May saw the FDA greenlight 5 new drugs, including 1 new molecular entity, and surprisingly turn down 1 drug candidate, whose approval was considered a no-brainer by some experts. Lab equipment maker Thermo Fisher Scientific Inc. has agreed to acquire electron microscope maker FEI Co. for about $4.2 billion in cash, the two companies said Friday. Thermo Fisher noted that FEI's electron microscopy platform will complement its own mass spectrometry systems to accelerate advancements in structural biology. While reporting a wider loss for the first quarter, Sears Holdings Corp. said it has decided to "aggressively evaluate" all potential alternatives for its top brands - Kenmore, Craftsman and DieHard or KCD, and the Sears Home Services or SHS businesses. Sears has retained Citigroup Global Markets and LionTree Advisors to assist in its efforts.
comments powered by Disqus
Follow RTT