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Argo Group Appoints J. Daniel Plants To Its Board of Directors

Argo Group Appoints J. Daniel Plants To Its Board of Directors

Argo Group Appoints J. Daniel Plants To Its Board of Directors

Argo Group Appoints J. Daniel Plants To Its Board of Directors

J. Daniel Plants has been added to the board of directors of Argo Group Holdings as an independent member.

Plants has spent the last three decades assisting businesses in successfully navigating change and unlocking shareholder value. He is an experienced investor, finance leader, and senior advisor.

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He created Voce Capital Management LLC in 2011 and is currently its Chief Investment Officer.

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Plants has had executive positions in a number of prestigious financial firms, including the mergers and acquisitions departments of Goldman, Sachs & Co., JPMorgan Chase, and Sullivan & Cromwell, as well as the securities law practice there.

He also holds the position of Executive Chairman of Cutera Inc. and was a director of Calix Inc. until earlier this year, where he presided over the Strategic Review Committee.

Argo Group Appoints J. Daniel Plants To Its Board of Directors

Thomas A. Bradley, Argo executive chairman and chief executive officer, said, “At Argo, our board regularly reviews its composition to ensure we are best positioned to effectively oversee the execution of our strategy while navigating a dynamic market.”

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“As a result, we are pleased to welcome Dan to the Board during this pivotal time in Argo’s history. Voce Capital is Argo’s largest shareholder and Dan brings a valuable investor perspective and a unique understanding of our business. We are pleased to be continuing our long-standing collaboration and look forward to working more closely with Dan in this new capacity as we continue to position Argo for success and shareholder value creation.”

Plants stated, “We have appreciated our constructive dialogue with Argo over the past few years, and I’m delighted to formalize the working relationship by joining the Board at this time.”

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Argo Group Appoints J. Daniel Plants To Its Board of Directors

“We continue to believe Argo is deeply undervalued and fully support the Strategic Review process that is currently underway. I am confident that the Board will carefully consider all viable options during this comprehensive evaluation of strategic alternatives. I look forward to working with my fellow directors to achieve an outcome that maximizes value for all Argo shareholders.”

With the addition of Plants, Argo’s Board will comprise nine directors, eight of whom are independent, and six of whom have been appointed in the last three years. In connection with Mr Plants’ appointment to the Board, he will also be appointed to serve on the Board’s Strategic Review Committee and Human Resources Committee.


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