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Southport Lane names executive vp, unit chief executive

Posted On: May. 1, 2012 12:00 AM CST

NEW YORK—Glenn Weber has been named chief executive of Southport Re, the reinsurance holding company of Southport Lane, a New York-based private equity firm, Southport Lane announced Tuesday.

Mr. Weber also was appointed executive vp of New York-based Southport Lane. Before joining Southport, Mr. Weber served as managing director and practice leader of Aon P.L.C.’s risk finance and captive consulting practices.

Southport said in a statement that in the newly created position of chief executive, Mr. Weber will have overall management responsibility for Southport Re and “will help the firm address its clients’ needs for effective traditional and alternative risk transfer solutions.”

Mr. Weber is based in New York.