Kingsway Financial Services Inc. (NYSE:KFS) Appoints Rob Humble as President and CEO of PWI and Penn Warranty
Kingsway Financial Services (NYSE:KFS) has appointed Rob Humble as President and CEO of its dealer-focused auto warranty businesses, Preferred Warranties, Inc. (PWI) and Penn Warranty , effective immediately. Both companies operate within Kingsway's Extended Warranty segment.
The appointment comes as Brian Cosgrove, the outgoing President, resigns from his position after five years of service. JT Fitzgerald, Kingsway's President and CEO, emphasized that Humble's compensation structure and background align more closely with their Search Xcelerator CEOs, highlighting his proven track record in the warranty industry.
In his new role, Humble will focus on expanding product offerings, enhancing dealer partner and customer service, and driving business growth. The leadership transition aims to initiate the next phase of growth and innovation at PWI and Penn Warranty.
Kingsway Financial Services (NYSE:KFS) ha nominato Rob Humble come Presidente e CEO delle sue attività di garanzia auto focalizzate sui concessionari, Preferred Warranties, Inc. (PWI) e Penn Warranty, con effetto immediato. Entrambe le aziende operano all'interno del segmento di Garanzia Estesa di Kingsway.
La nomina arriva mentre Brian Cosgrove, il Presidente uscente, si dimette dalla sua posizione dopo cinque anni di servizio. JT Fitzgerald, Presidente e CEO di Kingsway, ha sottolineato che la struttura retributiva e il background di Humble si allineano più da vicino con i loro CEO di Search Xcelerator, evidenziando il suo comprovato successo nel settore delle garanzie.
Nel suo nuovo ruolo, Humble si concentrerà sull'espansione dell'offerta di prodotti, il miglioramento del servizio ai concessionari e ai clienti, e la spinta alla crescita aziendale. La transizione di leadership mira a dare inizio alla prossima fase di crescita e innovazione presso PWI e Penn Warranty.
Kingsway Financial Services (NYSE:KFS) ha nombrado a Rob Humble como Presidente y CEO de sus negocios de garantía de automóviles enfocados en concesionarios, Preferred Warranties, Inc. (PWI) y Penn Warranty, con efecto inmediato. Ambas empresas operan dentro del segmento de Garantía Extendida de Kingsway.
El nombramiento se produce mientras Brian Cosgrove, el Presidente saliente, renuncia a su puesto tras cinco años de servicio. JT Fitzgerald, Presidente y CEO de Kingsway, enfatizó que la estructura de compensación y el trasfondo de Humble se alinean más estrechamente con sus CEOs de Search Xcelerator, destacando su historial comprobado en la industria de garantías.
En su nuevo rol, Humble se centrará en expandir la oferta de productos, mejorar el servicio a los socios concesionarios y a los clientes, y fomentar el crecimiento empresarial. La transición de liderazgo tiene como objetivo iniciar la próxima fase de crecimiento e innovación en PWI y Penn Warranty.
Kingsway Financial Services (NYSE:KFS)는 Rob Humble를 딜러 중심의 자동차 보증 사업인 Preferred Warranties, Inc. (PWI)와 Penn Warranty의 사장 겸 CEO로 즉시 임명했습니다. 두 회사는 Kingsway의 확장 보증 부문 내에서 운영됩니다.
이번 임명은 Brian Cosgrove가 5년의 서비스 후 사임하면서 이루어졌습니다. Kingsway의 사장 겸 CEO인 JT Fitzgerald는 Humble의 보상 구조와 배경이 Search Xcelerator CEO들과 더 밀접하게 일치한다고 강조하며, 보증 산업에서의 그의 입증된 실적을 강조했습니다.
Humble은 새로운 역할에서 제품 제공 확대, 딜러 파트너와 고객 서비스 개선, 비즈니스 성장 촉진에 집중할 것입니다. 리더십 전환은 PWI와 Penn Warranty의 다음 성장 및 혁신 단계를 시작하는 것을 목표로 합니다.
Kingsway Financial Services (NYSE:KFS) a nommé Rob Humble au poste de Président et CEO de ses activités de garantie automobile axées sur les concessionnaires, Preferred Warranties, Inc. (PWI) et Penn Warranty, avec effet immédiat. Les deux entreprises opèrent au sein du segment de la Garantie Étendue de Kingsway.
Cette nomination intervient alors que Brian Cosgrove, le Président sortant, démissionne de son poste après cinq ans de service. JT Fitzgerald, Président et CEO de Kingsway, a souligné que la structure de rémunération et le parcours de Humble correspondent davantage à ceux de leurs CEO de Search Xcelerator, mettant en avant son parcours éprouvé dans l'industrie des garanties.
Dans son nouveau rôle, Humble se concentrera sur l'expansion de l'offre de produits, l'amélioration du service aux partenaires concessionnaires et aux clients, ainsi que sur la stimulation de la croissance de l'entreprise. La transition de leadership vise à initier la prochaine phase de croissance et d'innovation chez PWI et Penn Warranty.
Kingsway Financial Services (NYSE:KFS) hat Rob Humble zum Präsidenten und CEO seiner auf Händler fokussierten Auto-Garantiegeschäfte, Preferred Warranties, Inc. (PWI) und Penn Warranty, mit sofortiger Wirkung ernannt. Beide Unternehmen sind im Bereich der erweiterten Garantien von Kingsway tätig.
Die Ernennung erfolgt, während Brian Cosgrove, der scheidende Präsident, nach fünf Jahren im Amt zurücktritt. JT Fitzgerald, Präsident und CEO von Kingsway, betonte, dass Humble's Vergütungsstruktur und Hintergrund enger mit ihren Search Xcelerator-CEOs übereinstimmen und hob seine nachgewiesene Erfolgsbilanz in der Garantiebranche hervor.
In seiner neuen Rolle wird Humble sich darauf konzentrieren, das Produktangebot zu erweitern, den Service für Händlerpartner und Kunden zu verbessern und das Unternehmenswachstum voranzutreiben. Der Führungswechsel zielt darauf ab, die nächste Wachstums- und Innovationsphase bei PWI und Penn Warranty einzuleiten.
- Strategic appointment of experienced warranty industry leader
- Alignment of new CEO's compensation with Search Xcelerator model
- Planned expansion of product offerings and service improvements
- Departure of experienced president after 5-year tenure
- Potential operational disruption during leadership transition
CHICAGO, IL / ACCESS Newswire / April 2, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that Rob Humble has been appointed President and CEO of the Company's dealer-focused auto warranty businesses, Preferred Warranties, Inc. (PWI) and Penn Warranty Corporation (Penn Warranty), effective immediately. Mr. Humble will lead both PWI and Penn Warranty within Kingsway's Extended Warranty segment.
"We are thrilled to welcome Rob to the Kingsway team to lead PWI and Penn Warranty," said JT Fitzgerald, Kingsway's President and CEO. "Rob's proven track record and leadership in the warranty industry make him the ideal person to drive the next phase of growth and innovation at PWI and Penn Warranty. I am confident that under his guidance, the companies will deliver outstanding results for our customers, our partners, and our shareholders. While PWI and Penn Warranty will remain under the Extended Warranty segment, Rob's background and compensation structure are both more closely aligned with that of our Search Xcelerator CEOs."
"I am honored to join Kingsway and excited to lead PWI and Penn Warranty," said Mr. Humble. "Kingsway's entrepreneurial culture and commitment to excellence attracted me to this opportunity. PWI and Penn Warranty have strong teams and a solid foundation, and I look forward to working closely with my colleagues to build on their success. Together, we will focus on delivering exceptional service to our dealer partners and customers, expanding our product offerings, and driving continued growth for the business."
Kingsway also announced that Brian Cosgrove, the outgoing President of PWI and Penn Warranty, has resigned from the Company. "Kingsway expresses its sincere appreciation to Brian for his leadership and contributions over the past five years," said Mr. Fitzgerald. "We thank Brian for his dedicated service in guiding PWI and Penn Warranty, and wish him the very best."
About Rob Humble
Mr. Humble is a seasoned executive in the warranty and financial services industry, with leadership experience across automotive, insurance and consumer finance companies. Mr. Humble previously served as Chief Revenue Officer at Innovative Aftermarket Systems ("IAS"), where he helped drive significant growth in the automotive warranty market. Prior to IAS, he held senior strategy and corporate development roles at NetSpend and Rent-A-Center, and earlier in his career he worked in strategy, finance, and operations positions at Fortune 500 companies in the automotive, aerospace, and chemical sectors. Mr. Humble holds a Bachelor of Science degree in Mechanical Engineering (magna cum laude) from Washington University in St. Louis, and an MBA from Harvard Business School.
About the Company
Kingsway is a holding company that owns or controls subsidiaries primarily in the business services and extended warranty industries. The common shares of Kingsway are listed on the New York Stock Exchange under the trading symbol "KFS."
The company serves the business services industry through its operating subsidiaries within its Kingsway Search Xcelerator ("KSX") segment:
B2B Services
Ravix Group (ravixgroup.com), CSuite Financial (csuitefinancialpartners.com)
Image Solutions (istechology.com)
Healthcare Services
Digital Diagnostic Imaging (ddimagingusa.com)
Secure Nursing Services (securenursing.com)
Vertical Market Software
Systems Products International (spisoftware.com)
Kingsway Skilled Trades
Bud's Plumbing (budsplumbing.com)
The company serves the extended warranty industry through its operating subsidiaries within its Extended Warranty segment:
Auto Warranty
IWS (iwsgroup.com)
Penn Warranty (pennwarranty.com)
Preferred Warranties (preferredwarranties.com)
HVAC/Facility Warranty
Trinity Warranty Solutions (trinitywarranty.com)
Additional Information
Additional information about Kingsway, including a copy of its Annual Reports can be accessed on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov, on the Canadian Securities Administrators' website at www.sedar.com, or through the Company's website at www.kingsway-financial.com.
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SOURCE: Kingsway Financial Services, Inc.
View the original press release on ACCESS Newswire
FAQ
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