16 Dec 2008, Alastair Marsh, Risk magazine
The appointment, made on Monday, was part of a broader management reshuffle at the New York firm following heavy second-quarter losses of $8.2 million from exposure to Lehman Brothers.
Dan previously held the position of chief operating officer but took over from Kevin Davis as chief executive on October 29. Additionally, on October 31, Avram Kornberg was appointed as the new chief information officer.
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