Argo Group Announces Leadership Changes
'Chris has been integral to the transformation of Argo into a U.S.-focused specialty property & casualty company,' said Jonathan Bayer, Chair of Argo's Board of Directors. 'Argo has a focused strategy for its products and partners and is well positioned for future growth as Chris and the executive team continue to lead Argo.'
Mr. Donahue succeeds Jessica Buss, who has served as Argo's Chief Executive Officer since November 2023.
David Chan has been named as the company's Chief Financial Officer, having served as Argo's Chief Accounting Officer since 2022. Mr. Chan previously held senior roles at AmTrust Financial Services, Inc., Moody's Investor services, and PwC.
'We greatly appreciate Jessica's leadership through Argo's transformation and her many valuable contributions,' said Mr. Bayer. 'We wish her all the best in her next pursuit.'
About Argo Group:
Argo Group International Holdings, Inc. is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. The company is a wholly owned subsidiary of Brookfield Wealth Solutions. Argo and its insurance subsidiaries are rated ‛A-' by Standard and Poor's. Argo's insurance subsidiaries are rated ‛A-' by A.M. Best. More information about Argo is available at www.argogroup.com.
SOURCE: Argo Group International Holdings, Inc.
Copyright Business Wire 2025.
PUB: 03/24/2025 09:49 AM/DISC: 03/24/2025 09:49 AM
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
8 minutes ago
- Business Wire
Zoetis Announces Pricing of $1.85 Billion of Senior Notes
PARSIPPANY, N.J.--(BUSINESS WIRE)--Zoetis Inc. (NYSE:ZTS) today announced that it has agreed to sell $1.850 billion of senior notes, consisting of $850.0 million aggregate principal amount of 4.150% senior notes due 2028 and $1.0 billion aggregate principal amount of 5.000% senior notes due 2035, in an underwritten public offering. Zoetis intends to use the net proceeds to repay the principal of (i) its 4.500% senior notes due 2025 in the aggregate principal amount of $750 million, (ii) its 5.400% senior notes due 2025 in the aggregate principal amount of $600 million, and (iii) the remainder for general corporate purposes. The offering is expected to close on August 18, 2025, subject to customary closing conditions. Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and MUFG Securities Americas Inc. are acting as joint book-running managers of the underwriters. The final prospectus supplement and accompanying prospectus, when available, may be accessed through the SEC's website at Alternatively, the issuer, the underwriters or any dealer participating in the offering will arrange to send the prospectus and prospectus supplement upon request by calling Barclays at 1-888-603-5847, BofA Securities at 1-800-294-1322, Citigroup at 1-800-831-9146, J.P. Morgan at 212-834-4533 and MUFG at 1-877-649-6848. These securities are offered pursuant to a registration statement that has become effective under the Securities Act of 1933, as amended. These securities are only offered by means of the prospectus supplement and prospectus relating to the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of these securities in any state or other jurisdiction, where the offer, solicitation or sale of these securities would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Zoetis As the world's leading animal health company, Zoetis is driven by a singular purpose: to nurture our world and humankind by advancing care for animals. After innovating ways to predict, prevent, detect, and treat animal illness for more than 70 years, Zoetis continues to stand by those raising and caring for animals worldwide – from veterinarians and pet owners to livestock producers. The company's leading portfolio and pipeline of medicines, vaccines, diagnostics and technologies make a difference in over 100 countries. DISCLOSURE NOTICES Forward-Looking Statements: This press release contains forward-looking statements, which reflect the current views of Zoetis with respect to: business plans or prospects, future operating or financial performance, future guidance, future operating models; R&D costs; timing and likelihood of success; expectations regarding products, product approvals or products under development and expected timing of product launches; expectations regarding competing products; expectations regarding financial impact of divestitures; disruptions in our global supply chain; expectations regarding the performance of acquired companies and our ability to integrate new businesses; expectations regarding the financial impact of acquisitions; future use of cash, dividend payments and share repurchases; foreign exchange rates, tax rates, tariffs, changes in tax regimes and laws and any changes thereto; and other future events. These statements are not guarantees of future performance or actions. Forward-looking statements are subject to risks and uncertainties. If one or more of these risks or uncertainties materialize, or if management's underlying assumptions prove to be incorrect, actual results may differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the date on which they are made. Zoetis expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A further list and description of risks, uncertainties and other matters can be found in our most recent Annual Report on Form 10-K, including in the sections thereof captioned 'Forward-Looking Statements and Factors That May Affect Future Results' and 'Item 1A. Risk Factors,' in our Quarterly Reports on Form 10-Q and in our Current Reports on Form 8-K. These filings and subsequent filings are available online at or on request from Zoetis.
Business Wire
8 minutes ago
- Business Wire
Dream Unlimited Corp. and CentreCourt Partner on Major Purpose-Built Rental Development in Downtown Toronto
TORONTO--(BUSINESS WIRE)--DREAM UNLIMITED CORP. (TSX: DRM) ('Dream') and CentreCourt Developments ('CentreCourt') are pleased to announce their new joint venture to co-develop 49 Ontario St., a mixed-income purpose-built rental community in downtown Toronto. A significant affordable housing component will be included, setting a new benchmark for integrated, vibrant urban living in the city's core. The 49 Ontario St. development directly addresses Toronto's urgent need for housing, adding significant supply to one of Canada's most in-demand markets. Earlier this year, Dream Impact Trust (TSX: the current owner of the redevelopment site, secured up to $647.6 million in government-affiliated financing and obtained waivers for development charges from the City of Toronto for the 800,000 sf multi-family project. Upon completion, the development will feature 1,226 multi-family units, with 22% designated as affordable housing. Proven Partners in Development Dream and CentreCourt have a 14-year history of successfully delivering landmark condominium communities together. While both organizations have deep expertise across the real estate spectrum, this joint venture represents a significant step in expanding their collaboration into purpose-built rental. CentreCourt is recognized for its industry-leading ability to finance, design, and self-perform construction at unmatched speed and efficiency, delivering high build-quality along with exceptional returns on 19 projects totaling over 10,000 homes and $5.6 billion in development value. Dream brings a deep track record in purpose-built rental and unparalleled expertise in structuring and executing public-private partnerships, having developed or currently developing over 4,500 rental units worth over $2 billion upon full build-out. Executive Commentary 'We believe the skills and expertise that have made us leaders in condominium development will be just as valuable in purpose-built rental,' said Gavin Cheung, Managing Partner & President, CentreCourt. '49 Ontario St. will deliver much-needed market rental and affordable housing to downtown Toronto, and we're excited to be partnering with Dream to make it happen.' 'Dream has been at the forefront of delivering purpose-built rental through innovative public-private partnerships,' said Jamie Cooper, President of Development and Income Properties, Dream. 'Working with CentreCourt on 49 Ontario St. brings together complementary strengths to deliver a project that will serve the community for decades to come.' Looking Ahead Building on the 49 Ontario St. partnership, Dream and CentreCourt are working closely together to identify and pursue additional purpose-built rental opportunities in anticipation of the policies announced or under consideration by various levels of governments aimed at accelerating housing development. This includes the federal initiatives such as the MURB policy, the new Build Canada Homes strategy, reductions in development charges, and other measures at the federal, provincial and municipal levels. About Dream Unlimited Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating asset in both Canada and the U.S., and has an established and successful asset management business, inclusive of $28 billion of assets under management(1) across four Toronto Stock Exchange ('TSX') listed trusts, our private asset management business and numerous partnerships. We also develop land, residential and income generating assets in Western Canada. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. About CentreCourt CentreCourt is a fully integrated real estate development firm active across all stages of the development lifecycle – land acquisition, zoning, design, marketing, sales/leasing, construction, and customer care. We specialize in high-rise condominium and purpose-built rental communities located near major transit amenities, and employment hubs in the Greater Toronto Area. CentreCourt has delivered over 10,000 homes and $5.6 billion in development value since 2010. In 2022, we launched CentreCourt Platform II, a $400 million fully committed long-term equity fund that provides financial strength and flexibility to support our continued growth and to act decisively in a dynamic market environment. Forward-Looking Information This press release may contain forward-looking information within the meaning of applicable securities legislation, including, but not limited to, statements regarding our objectives and strategies to achieve those objectives; our beliefs, plans, estimates, projections and intentions, and similar statements concerning anticipated future events, future growth, results of operations, performance, business prospects and opportunities, acquisitions or divestitures, tenant base, future maintenance and development plans and costs, capital investments, financing, the availability of financing sources, income taxes, vacancy and leasing assumptions, litigation and the real estate industry in general; as well as specific statements in respect of our development plans, including sizes, uses, density, number of units, amenities and timing thereof; our ability to complete the 49 Ontario St. project and its impact on the community; the level of affordable housing to be included in the 49 Ontario St. project; our expectations regarding our ability to successfully pursue additional purpose-built rental opportunities; and the possible future government initiatives aimed at accelerating housing development. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dream's control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These assumptions include, but are not limited to: the nature of development lands held and the development potential of such lands, interest rates and inflation remaining in line with management's expectations, our ability to bring new developments to market, anticipated positive general economic and business conditions, including low unemployment and interest rates, that duties, tariffs and other trade restrictions, if any, will not materially impact our business, positive net migration, oil and gas commodity prices, our business strategy, including geographic focus, anticipated sales volumes, performance of our underlying business segments and conditions in the Western Canada land and housing markets. Risks and uncertainties include, but are not limited to, general and local economic and business conditions, the impact of public health crises and epidemics, employment levels, risks associated with unexpected or ongoing geopolitical events, including disputes between nations, terrorism or other acts of violence, international sanctions and the disruption of movement of goods and services across jurisdictions, inflation or stagflation, regulatory risks, mortgage and interest rates and regulations, risks related to a potential economic slowdown in certain of the jurisdictions in which we operate and the effect inflation and any such economic slowdown may have on market conditions and lease rates, risks related to the imposition of duties, tariffs and other trade restrictions and their impacts, environmental risks, consumer confidence, seasonality, adverse weather conditions, reliance on key clients and personnel and competition. All forward-looking information in this press release speaks as of August 11, 2025. Dream does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is disclosed in filings with securities regulators filed on SEDAR+ ( Endnotes: (1) Assets under management is a supplementary financial measure. Refer to the 'Non-GAAP Measures and Other Disclosures' section of the latest MD&A for further details
Business Wire
38 minutes ago
- Business Wire
Westwater Resources Announces Second Quarter 2025 Business Update Call
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite company ('Westwater' or the 'Company'), will host a conference call and webcast on August 14, 2025, at 11:00 AM Eastern Daylight Time to discuss its second quarter 2025 results, recent operational developments, and key strategic priorities. A replay of the webcast will be available on Westwater's website following the event. Conference Call and Webcast Details Time and Date: 11:00 AM EDT Webcast Link: Dial-Ins: Canada / USA Toll Free: 1-833-752-3988 International Dial-In: 1-647-849-3183 About Westwater Resources, Inc. Westwater Resources is an energy technology company that is focused on developing battery-grade natural graphite. Westwater Resources' primary project is the Kellyton Graphite Processing Plant that is under construction in east-central Alabama. In addition, Westwater Resources' Coosa Graphite Deposit is the largest and most advanced natural flake graphite deposit in the contiguous United States — and is located across 41,965 acres (~17,000 hectares) in Coosa County, Alabama. For more information, visit Cautionary Statement Regarding Forward-Looking Statements This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words and phrases such as 'priorities,' and other similar words. Forward looking statements include, among other things, statements concerning: operational developments including the construction of the Kellyton Graphite Plant, the Coosa graphite deposit, and the costs, schedules, production and economic projections associated with both of them, and strategic priorities including progress on the syndication of the secured debt financing for the Kellyton Graphite Plant. The Company cautions that there are factors that could cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of the Company; accordingly, there can be no assurance that such suggested results will be realized. Those uncertainties and other factors are discussed in Westwater's Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent securities filings, and they could cause actual results to differ materially from management expectations.
