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Re: Alydyr post# 475

Wednesday, 02/06/2013 9:40:20 PM

Wednesday, February 06, 2013 9:40:20 PM

Post# of 679
UVE may turn interesting tomorrow:

4:18PM Universal Insurance announces Bradley I. Meier will resign as Chairman, President and Chief Executive Officer of the co to pursue other opportunities (UVE) 4.47 +0.01 : Co announced today that Bradley I. Meier will resign as Chairman, President and Chief Executive Officer of the Company to pursue other opportunities outside the residential homeowners insurance industry. Mr. Meier's resignation will be effective as of February 22, 2013. Mr. Meier will remain available to the Company as needed in an advisory capacity. The Company also announced that it expects that Sean P. Downes will become President and Chief Executive Officer. Mr. Downes, a 14-year veteran with the Company, has been the Company's Senior Vice President, Chief Operating Officer and a director since January 2005, and Chief Operating Officer and a director of Universal Property & Casualty Insurance Company, a wholly-owned subsidiary of the Company, since July 2003.


Small Cap plays: #board-865
Big Board plays: #board-711

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