ACE elects new board member

ACE Ltd. (NYSE:ACE) recently elected Mary A. Cirillo to its Board of Directors.
Cirillo has served as an advisor to Hudson Venture Partners, a New York venture capital firm, since 2003 and as chairman of OPCENTER, a network operations services firm, from 2000-2004.
Cirillo has more than 25 years of financial services experience including CEO of Global Institutional Services at Deutsche Bank, Executive vp and managing director of Bankers Trust Company and senior vp, global relationship banking operations and technology, at Citibank.
Currently, she serves as a director of DealerTrack Holdings, GlobalServe Corp., Health Care Property Investors, Inc. and Thomson Corp. (Canada). Cirillo has also served on the boards of Cisco Systems, Inc., Digital Island, Inc., OPCENTER, LLC and Quest Diagnostics, Inc.
In addition, Robert W. Staley has retired from the Board, effective May 19, 2006, upon the completion of his term of service.
Brian Duperreault, chairman of ACE Limited, says, acknowledged Staley’s 20 years of service on the ACE Board, noting that he was one of ACE’s original directors.
“ACE has benefited greatly from Bob’s leadership as chairman of the audit committee, especially during the last two years,” Duperreault says. “ACE has also benefited greatly from the strategic advice and counsel he has provided over the past two decades.”
Headed by ACE Limited, a component of the Standard & Poor’s 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries.