Faraday to get new CEO as management revamped

Faraday CEO Steve Michael will hand over to CFO Andrew
D'Arcy in October as part of a broader set of management
changes at Berkshire Hathaway's Lloyd's platform,
The Insurance Insider can reveal.
Chris Thorne and Tom Shelley are also set to take over from Mark
Rayner as joint active underwriters following the
latter's departure for Lloyd's insurer Apollo last
month.Faraday staff were told last week that Michael would relinquish
the CEO role this year and retain an executive position...