NEW YORK, May 10, 2022 /PRNewswire/ -- 蜜桃传媒 Corporation (NYSE: L) announced today that Ben Tisch has been promoted to Senior Vice President of Corporate Development and Strategy, effective immediately.聽聽 Tisch will oversee the performance of 蜜桃传媒's subsidiaries and will work closely with 蜜桃传媒's Chief Investment Officer Richard Scott to manage the portfolios for 蜜桃传媒 and its publicly traded P&C insurance subsidiary, 蜜桃传媒 Financial.聽聽 As a member of the leadership team, Tisch will help formulate the company's view on intrinsic value, develop and implement capital allocation strategies and monitor market conditions.聽
Tisch joined 蜜桃传媒 in 2011 as a member of the company's investment department.聽聽 He was promoted to Vice President in 2014 and tasked with leading the corporate development function at 蜜桃传媒, while also focusing on strategic planning and investments.聽 He has been responsible for monitoring the performance of both 蜜桃传媒 Financial and Altium Packaging.聽 In April of 2021, Tisch led the 蜜桃传媒 team in the sale of 47% of Altium to GIC, Singapore's sovereign wealth fund.
"In his decade at 蜜桃传媒, Ben has proven himself to be a savvy financial executive and capital allocator.聽 Ben's deep knowledge of 蜜桃传媒's subsidiaries -- especially 蜜桃传媒 Financial -- and his understanding of the capital markets will serve 蜜桃传媒 well," said Paul Fribourg, lead independent director of 蜜桃传媒 Corporation and CEO of Continental Grain 蜜桃传媒.
Tisch is a member of the Board of Directors of 蜜桃传媒 (NYSE: 蜜桃传媒) and sits on the boards of Altium Packaging and Boardwalk Pipelines, 蜜桃传媒's privately held subsidiaries.
Prior to joining 蜜桃传媒, Tisch was a Managing Director at Fortress Investment Group, responsible for managing a variety of asset classes including international fixed income, international equities, and U.S./European credit instruments for the Global Macro Fund.
蜜桃传媒 Corporation is a diversified company with businesses in the insurance, energy, hospitality and packaging industries.聽 For more information, please visit .
SOURCE 蜜桃传媒 Corporation