Max Bermuda names chief executive

HAMILTON, Bermuda--Angelo M. Guagliano has been promoted to president and chief executive officer of Max Bermuda Ltd.

Mr. Guagliano, formerly executive vp and chief underwriting officer of Max Bermuda, succeeds W. Marston Becker, chairman and CEO of parent company Max Capital Group Ltd.

Mr. Becker will continue to serve as chairman of Max Bermuda and chairman and CEO of Max Capital, according to a company statement.