Starr Appoints Peter Hirs as New CFO Amid Leadership Transition

Portfolio - People | Jan 14, 2025 | EIN

Starr Appoints Peter Hirs as New CFO Amid Leadership Transition

Starr, a prominent player in the insurance and investment space, has announced the appointment of Peter Hirs as its new Chief Financial Officer (CFO). This transition marks the retirement of Howard I. Smith, a senior figure who has been integral to Starr's financial operations for over four decades. Hirs joins Starr with an extensive background in finance and insurance, having spent the last 20 years in a global insurance firm where he played a pivotal role in mergers and acquisitions. Based in Starr's New York head office, Hirs is expected to drive the company's global financial strategies. Starr's leadership acknowledges Smith's valuable contribution over the years and anticipates Hirs' alignment with the company’s strategic goals and corporate ethos.

Sectors

  • Insurance
  • Financial Services
  • Investment Management

Geography

  • United States – Starr's head office is located in New York, where the new CFO, Peter Hirs, will oversee global financial operations.
  • Bermuda – Starr, the insurance and investment organisation mentioned in the article, has operations based in Bermuda.

Industry

  • Insurance – The article is centered around Starr, an insurance and investment organization, highlighting key leadership changes within the company.
  • Financial Services – The appointment of a new CFO at Starr involves financial strategy and operations, crucial components of the financial services industry.
  • Investment Management – With Starr focusing on investment activities, the CFO's role will heavily involve investment management strategies.

Financials

    Participants

    NameRoleTypeDescription
    StarrInsurance and Investment CompanyCompanyStarr is a global insurance and investment organization with significant operations based in Bermuda.
    Peter HirsChief Financial OfficerPersonPeter Hirs has been appointed as the new CFO at Starr, bringing extensive experience from a global insurance carrier.
    Howard I. SmithRetiring CFOPersonHoward I. Smith is retiring after over 40 years with Starr, having led its financial operations since 2005.
    Jeff GreenbergChairman and Co-CEOPersonJeff Greenberg is the chairman and co-CEO of Starr, announcing the transition in the CFO position.