W.P. Stewart & Co., Ltd. Announces that William P. Stewart to Resume Position as Chief Executive Officer.

PR Newswire Europe, February, 2007

HAMILTON, Bermuda, February 1 /PRNewswire/ --

The Board of Directors of W.P. Stewart & Co., Ltd. ("W.P. Stewart" or the "Company") announced today that William P. Stewart, Chairman of the Board, will resume his former role of Chief Executive Officer (CEO) of the Company.

In making the announcement, the Board said, "With today's announcement, W.P. Stewart is re-affirming our commitment to the Company's core investment strategy and to our obligation to provide superior service to an exceptional client base."

Commenting on his appointment, Bill Stewart said "After many months of reviewing alternatives, the Board of Directors concluded that as an investment management business, we need to remain focused on our core mission of managing high...

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