Arch Capital Group falls after CEO appointment

Arch Capital

14/10/2024 14:20

**Arch Capital Group  ACGL.O  shares down 3.84% at $110.01
before the bell
    ** Nicolas Papadopoulo appointed CEO of Arch Capital,
effective immediately; To replace Marc Grandisson, who will
retire from the company
    ** Papadopoulo has been president and chief underwriting
officer of Arch Capital and CEO of Arch Worldwide Insurance
since 2021
    ** As of last close, stock up 54% YTD

 (Reporting by Bageshri Banerjee)
 ((bageshri.banerjee@thomsonreuters.com;))