Primus Implements Appointed Richard Claiden to Succeed Thomas Jasper as CEO

Primus Guaranty, Ltd. (NYSE: PRS) announced today that Richard Claiden, who currently serves as its chief financial officer and chief operating officer, has been appointed chief executive officer, succeeding Thomas Jasper. In his new role, which is effective immediately, Mr. Claiden will also serve on Primus Guaranty's board of directors. Christopher Gerosa, Primus' treasurer, will assume Mr. Claiden's responsibilities as chief financial officer.