April 16, 2018 – Following 39 years’ service with Sunderland Marine, Tom Rutter – Chief Executive Officer, will retire on 30 June 2018.
Tom started his career with Sunderland Marine in 1979 in claims and then marine underwriting before moving into the aquaculture team in the early 1990’s. He has been CEO of Sunderland Marine since 2015. Under Tom’s leadership, Sunderland Marine’s business model has focused on enhancing and refining the quality of service delivered to UK and international policyholders. Building the reputation of Sunderland Marine in this way has provided a sustainable competitive advantage and secured a positive future for the business.
Tom Rutter, CEO of Sunderland Marine said, “After much consideration, I have taken the decision to retire in June, and I can do so with the comfort of knowing that the company is in safe hands under the North Group umbrella. I would like to acknowledge the support of my colleagues and board of directors throughout the time I was privileged to be CEO. The merger with North in 2014 delivered management skills and expertise of the highest order, which was instrumental in the efficient restructuring and strengthening of Sunderland Marine, ultimately for the benefit of our policyholders. This period has been the most challenging but rewarding of my career.”
Paul Jennings, Joint Managing Director of North said, “Thank you to Tom for his determination and commitment to ensure the business is well prepared for the future. This has required a tremendous amount of change over the past few years, and it is of great credit that Tom has seen this through over a relatively short period of time.”
Tom will return to the company in August as a consultant for a further year, which will see him providing advice and support on a range of Sunderland Marine related matters including claims, underwriting, reinsurance and additional support for the overseas branch offices and subsidiaries.