Peter Hirs Appointed as CFO of Starr
Portfolio - People | Jan 13, 2025 | EIN
Starr has appointed Peter Hirs as the Chief Financial Officer, effective January 13, following the retirement of Howard I. Smith. With over 20 years of experience in the finance and insurance sectors, Hirs is set to take over the financial operations of Starr, a re-established investment and insurance organization founded by Maurice R. Hank Greenberg. Smith, who has been leading the financial team since 2005, is stepping down after over 40 years with Starr. Under Smith's tenure, the company's financial strategies have been closely aligned with Chairman Emeritus Greenberg. Hirs' diverse experience in managing global finance teams and handling mergers and acquisitions is seen as a vital addition to Starr's ambitions. His appointment is supported by Jeff Greenberg, Starr's chairman and co-CEO, who has emphasized Hirs' fit within the company's culture and values.
Sectors
- Financial Services
- Insurance
Geography
- United States – Starr is based in New York, and the new CFO Peter Hirs will oversee the global finance operations from there.
Industry
- Financial Services – The article discusses the appointment of a CFO by Starr, indicating its focus on investment and insurance operations.
- Insurance – Hirs' background in the insurance sector and his role at Starr, a prominent insurance organization, emphasizes the industry's relevance.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Peter Hirs | Incoming Chief Financial Officer | Person | Hirs, with a background in global finance and insurance, will take over as CFO of Starr. |
| Howard I. Smith | Outgoing Chief Financial Officer | Person | Smith served as the CFO of Starr since 2005 and is now retiring after a long career. |
| Starr | Company | Company | A re-established investment and insurance organization led by Chairman Emeritus Maurice R. Hank Greenberg. |
| Maurice R. Hank Greenberg | Chairman Emeritus | Person | Founder of the re-established Starr investment and insurance organization. |
| Jeff Greenberg | Chairman and Co-CEO | Person | Chairman and Co-CEO of Starr, he supports Peter Hirs' appointment as the new CFO. |