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Time - Man of the Year
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Time_Man_of_the_Year_Compact_Publishing_3YX-Disc-1_Compact_Publishing_1993.iso
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081092
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08109913.000
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1993-04-08
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628b
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20 lines
THE WEEK, Page 20BUSINESSEt Cetera
LESS THAN EUPHORIC
Stung by heavy losses and highly critical of management, many
of the Names (as investors are known) who make up the Lloyd's
insurance market had long demanded the resignation of chairman
David Coleridge, 60. Last week Coleridge stepped down and
nominated as his successor David Rowland, 58, chief executive
of the Sedgwick Group, an insurance firm. Since Rowland is
considered a close associate of the former CEO, dissident Names
are less than euphoric.