Ryan Specialty Promotes Michael VanAcker to EVP of RT Specialty

Rhea-AI Summary

Ryan Specialty (NYSE: RYAN) has announced the promotion of Michael VanAcker to Executive Vice President of RT Specialty, effective immediately. With over a decade of experience at the firm, including roles as Chief Operating Officer, VanAcker brings significant operational expertise. He will collaborate with Tim Turner, Chairman & CEO, and Ed McCormack, President of RT Specialty. This strategic move is intended to leverage VanAcker's experience in M&A and growth strategies to enhance RT Specialty's performance, which is a key revenue driver for the company.

Positive

• Michael VanAcker has been promoted to Executive Vice President, indicating strong leadership continuity.
• His extensive experience in M&A and operations is expected to foster growth within RT Specialty.

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, is pleased to announce the promotion, effective immediately, of Michael VanAcker to Executive Vice President of RT Specialty, Ryan Specialty’s wholesale brokerage and binding authority specialty.

Michael returns to RT Specialty, bringing his unique blend of operational experience and leadership skills to the specialty. Michael will work closely with Tim Turner, Chairman & CEO of RT Specialty, Ed McCormack, President of RT Specialty, the regional directors and the tremendous leadership and broking talent throughout RT Specialty. Michael has 10+ years of experience in the firm as Chief Operating Officer of Ryan Specialty, and prior to that as RT Specialty’s Chief Operating Officer and Controller. He has been integral to Ryan Specialty’s M&A activity, acquisition integration, and the firm’s growth trajectory.

Commenting on Michael’s promotion, Pat Ryan, Founder, Chairman & CEO of Ryan Specialty, said, “Michael has been with Ryan Specialty since 2011 and has proven himself as an inspirational leader who is organized, creative and innovative. He will bring his invaluable experience as corporate COO and operations acumen directly to our largest revenue specialty.”

About Ryan Specialty

Founded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents and carriers. The firm provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Ryan Specialty’s mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. ryanspecialty.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230309005819/en/

Media Contact:

Alice Phillips Topping

Chief Marketing & Communications Officer

Alice.Topping@ryansg.com, +1 312-635-5976

Investor Relations Contact:

Noah Angeletti

Head of Investor Relations & Treasurer

IR@ryanspecialty.com, +1 312-784-6152

Source: Ryan Specialty

FAQ

What recent leadership changes occurred at Ryan Specialty (RYAN)?

Ryan Specialty has promoted Michael VanAcker to Executive Vice President of RT Specialty as of the latest press release.

What is Michael VanAcker's role at Ryan Specialty (RYAN)?

Michael VanAcker has been promoted to Executive Vice President of RT Specialty, focusing on enhancing operational efficiency and growth.

How long has Michael VanAcker been with Ryan Specialty (RYAN)?

Michael VanAcker has been with Ryan Specialty since 2011, accumulating over 10 years of experience.

What are the expected outcomes from VanAcker's promotion at Ryan Specialty (RYAN)?

The promotion aims to leverage VanAcker's experience in operations and M&A to drive growth at RT Specialty.