Dan Linden is stepping down from his position as CEO of Darag North America, the Bermuda and US arm of Darag Group Ltd, the international legacy specialist.

Tom Booth, Darag group CEO, said: “We are sad to say goodbye to Dan Linden, who has been extremely influential in getting Darag to where it is in the US and Bermuda.

“I would like to thank him for his support over the years and we wish him every success in the future.”

The news comes as Darag Group announced the appointment of Alexander Roth to global head of M&A in addition to his existing role as CEO of Darag Europe.

Mr Roth joined the group in 2016 and has since held a series of senior positions, including the CEO role since March 2021.

He worked previously at EY and a boutique M&A firm in Luxembourg in the field of distressed M&A and restructuring, including crisis and turnaround management.

Mr Booth said: “Alex’s expanded role represents Darag taking a more unified approach to M&A. He will be the central touchpoint, providing a consistent approach to transactions globally.

“Our European operations have moved from strength to strength under Alex’s lead, and I have every confidence that this will continue as he takes on his broader remit.”