This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

XL Group Plc Announces The Appointment Of Edward J. "Ned" Kelly To Its Board Of Directors

DUBLIN, Ireland, Aug. 4, 2014 /PRNewswire/ -- XL Group plc ("XL" or the "Company") (NYSE: XL) today announced that Edward J. "Ned" Kelly, III has joined the Company's Board of Directors.

Mr. Kelly has extensive international and domestic financial service and board experience. His resume includes past roles as Chairman of Citigroup Inc.'s Institutional Clients Group, as Citi's Chief Financial Officer, as General Counsel and Secretary of JP Morgan & Co. Incorporated and as Managing Director of the Carlyle Group.

Commenting on the appointment, XL's Chairman, Robert Glauber, said: "We are thrilled to welcome Ned to XL's Board.  We expect that Ned's extensive and varied experience at several noteworthy financial institutions will bring a unique perspective to the Company, particularly in the areas of capital management and strategic execution.  We look forward to his future insights and the substantial contributions he will no doubt make." 

Other past posts Mr. Kelly held at Citi include head of Global Banking and before that President and Chief Executive officer of Citi Alternative Investments. Prior to joining the Carlyle Group, he was Chairman, Chief Executive and President of Mercantile Bankshares and, subsequent to PNC Financial Services Group's acquisition of Mercantile in 2007, was a vice chairman at PNC.   Prior to joining J.P. Morgan, Mr. Kelly was a partner at the law firm of Davis Polk & Wardwell, where he specialized in matters related to financial institutions.

Mr. Kelly currently serves as the lead director of the board of CSX Corp.  Previously he served on the board of several public companies, including The Hartford Financial Services Group, Inc. and Axis Capital Holdings Limited. He has a Bachelor of Arts degree from Princeton University and a Juris Doctorate from the University of Virginia. 

About XL Group plc

XL Group plc (NYSE:XL), through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward. To learn more, visit  www.xlgroup.com.

SOURCE XL Group plc

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,654.77 +369.26 2.27%
S&P 500 1,987.66 +47.15 2.43%
NASDAQ 4,812.7080 +115.1720 2.45%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs