Ryan Specialty Announces Edward F. McCormack Will Become CEO Of RT Specialty, Effective October 1, 2024
Portfolio Pulse from Benzinga Newsdesk
Ryan Specialty Holdings, Inc. (NYSE:RYAN) announces executive leadership changes for its wholesale brokerage division, RT Specialty, effective October 1, 2024. Edward F. McCormack will become CEO, while Brenda Austenfeld and Michael VanAcker will become Co-Presidents.
July 02, 2024 | 12:04 pm
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Ryan Specialty Holdings, Inc. (NYSE:RYAN) has announced significant leadership changes at its RT Specialty division, effective October 1, 2024. Edward F. McCormack will become CEO, while Brenda Austenfeld and Michael VanAcker will become Co-Presidents. These changes reflect the company's growth and the depth of its executive talent.
The announcement of new leadership at RT Specialty indicates a strategic move to leverage experienced executives for continued growth. This could positively impact investor sentiment and the stock price of Ryan Specialty Holdings in the short term.
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