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Gen Re CEO Montross retiring at year-end

General ReCorp. is searching for a successor to CEO Tad Montross, who isretiring at the end of 2016, The WallStreet Journal reported April 12, citing Ajit Jain.

Montross has been serving as CEO and chairman of the companysince 2008, reporting to Berkshire Hathaway Inc. CEO Warren Buffett, according tothe report.