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ALLEGHANY CORPORATION

(Y)
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Alleghany : Chris H. Cheesman Joins Alleghany Corporation Board of Directors (Form 8-K)

09/23/2021 | 04:12pm EST

Chris H. Cheesman Joins Alleghany Corporation Board of Directors

NEW YORK, NY, September 21, 2021 - Alleghany Corporation (NYSE: Y) today announced that its Board of Directors has elected Chris H. Cheesman as a new independent director, increasing the size of the Board from eight to nine directors.

Ms. Cheesman is a member of the Board of Directors of American Century Investments' suite of equity mutual funds. She is an accomplished senior executive with more than 30 years of experience in the global investment management industry and previously served as Senior Vice President & Chief Audit Executive at AllianceBernstein. Ms. Cheesman started her career at Price Waterhouse (now PricewaterhouseCoopers). She holds a B.A. from Hofstra University and is a Certified Public Accountant and Certified Financial Services Auditor.

"Chris is a terrific addition to the Board of Directors and the Alleghany family," said Jefferson W. Kirby, Chairman of Alleghany Corporation. "She brings extensive expertise in corporate governance, audit, risk management, and regulatory compliance, and we look forward to benefiting from her knowledge and leadership."

About Alleghany Corporation

Alleghany Corporation creates value by owning and supporting its operating subsidiaries and managing investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a leading global reinsurer; RSUI Group, Inc., which underwrites wholesale specialty insurance coverages including property, casualty, professional liability and directors' and officers' liability; and CapSpecialty, Inc., an underwriter of commercial property, casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation owns and supports a diverse portfolio of eight non-financial businesses.

For more information, please contact:

Dale James

Alleghany Corporation

212-508-8116

Disclaimer

Alleghany Corporation published this content on 23 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2021 20:11:02 UTC.


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Financials (USD)
Sales 2020 8 897 M - -
Net income 2020 102 M - -
Net Debt 2020 1 600 M - -
P/E ratio 2020 85,7x
Yield 2020 -
Capitalization 9 243 M 9 243 M -
EV / Sales 2019 1,34x
EV / Sales 2020 1,15x
Nbr of Employees 10 407
Free-Float 76,1%
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Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 674,70 $
Average target price 800,00 $
Spread / Average Target 18,6%
Managers and Directors
Weston M. Hicks Chief Executive Officer & Director
Joseph Patrick Brandon President
Kerry J. Jacobs Chief Financial Officer & Executive Vice President
Jefferson W. Kirby Chairman
Stela Burghart Chief Compliance Officer
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