Management ChangeJun 3, 2026, 08:57 AM
Arch Capital Announces Leadership Transition; Rajeh's Role Expands
AI Summary
Arch Capital Group Ltd. announced a leadership transition with David Gansberg stepping down as President, effective immediately. Maamoun Rajeh, who currently oversees the Reinsurance and Mortgage segments, will expand his role to also lead the Insurance segment, moving the company to a single President model. Mr. Rajeh will continue to report to CEO Nicolas Papadopoulo, and Mr. Gansberg will receive benefits under his existing agreements.
Key Highlights
- David Gansberg is stepping down as President of Arch Capital Group Ltd.
- Mr. Gansberg previously oversaw Arch's Global Insurance Group.
- Maamoun Rajeh's role as President is expanded to include the Insurance segment.
- Mr. Rajeh will now oversee Arch's Reinsurance, Mortgage, and Insurance segments.
- Arch Capital will operate under a new single President model.
- Mr. Rajeh will continue to report to Chief Executive Officer Nicolas Papadopoulo.
- Mr. Gansberg will receive benefits under his employment agreement and equity awards.
Price Impact
More from ACGL