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HAMILTON, Bermuda - Everest Group, Ltd. (NYSE:EG), a $14.5 billion market cap insurance powerhouse with annual revenues of $17.4 billion, announced that Pamela Sinclair will join the company as Executive Vice President and Chief Human Resources Officer, effective July 14. Sinclair will report to CEO Jim Williamson and serve on the company’s Executive Leadership Team.
Sinclair succeeds Gail Van Beveren, who is retiring after 39 years with the global underwriting company. Sinclair brings 30 years of experience in human capital strategies, most recently serving as Global Head of Human Resources at PGIM, where she managed talent strategies for 4,500+ employees at the $1.4 trillion asset management firm. According to InvestingPro, Everest Group maintains a GOOD financial health score and appears undervalued based on its Fair Value analysis.
"Pam is an exceptional HR leader with a track record of optimizing and aligning human capital strategies with business objectives," Williamson said in the press release statement.
Before PGIM, Sinclair worked as Global Head of Human Resources at PGIM Real Estate and held senior HR positions at Barclays Capital and Barclays Bank in New York and London. She earned a Bachelor of Science degree in Business with honors from Greenwich University in London.
Everest Group provides property, casualty, and specialty reinsurance and insurance solutions globally. The company’s common stock is a component of the S&P 500 index.
In other recent news, Everest Group has been the subject of several notable developments. The company reported first-quarter earnings for 2025 that fell short of expectations set by Raymond James and the broader market consensus, due to higher-than-anticipated combined ratio results in its reinsurance and insurance segments. Raymond James subsequently adjusted its price target for Everest Group to $410 from $420, while maintaining a Strong Buy rating. Janney initiated coverage of Everest Group with a buy rating, citing confidence in the company’s ability to rebound to a double-digit operating return on equity by 2025.
Additionally, Everest Group recently appointed Allan Levine and Darryl Page as independent, non-executive members of its Board of Directors, bringing extensive experience in insurance and financial markets. The company also held its Annual General Meeting, where shareholders re-elected nine directors and approved a new employee stock purchase plan. KPMG was appointed as the independent registered public accounting firm for the fiscal year ending December 31, 2025. These developments reflect Everest Group’s ongoing efforts to strengthen its leadership and strategic initiatives.
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