StockWatch
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Property-Casualty Insurers
Management ChangeJun 8, 2026, 04:07 PM

James River Group Appoints Rajiv Basu as Director, Audit Committee Chair

AI Summary

James River Group Holdings, Inc. announced the resignation of director Dennis J. Langwell, effective June 16, 2026. Concurrently, the Board of Directors appointed Rajiv Basu as a new director, effective immediately. Mr. Basu will also assume the role of Chair of the Audit Committee.

Key Highlights

  • Dennis J. Langwell resigned as a director, effective June 16, 2026.
  • Rajiv Basu was appointed as a director, effective June 8, 2026.
  • Mr. Basu will also serve as Chair of the Audit Committee.
  • Mr. Langwell's resignation was not due to any disagreement with the company.
  • Mr. Basu will receive compensation consistent with other non-employee directors.