Barrette steps down as White Mountains CEO

Ray Barrette has stepped down as White Mountains CEO with
immediate effect after 13 years.
Manning Rountree, currently president of White Mountains
Capital, will take over as CEO.
Barrette has also stepped down as chairman of the board, with
lead independent director Morgan Davis taking over this role.
Rountree joined White Mountains in 2004. Before he became
president of White Mountains Capital, he served as president of WM
Advisors between 2009 and 2014.
White Mountains is currently at a strat