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Stock impact report

James River Announces Excess and Surplus Lines Leadership Retirement and Succession Plan

James River Group Holdings, Inc. (JRVR) 
Last james river group holdings, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.jrgh.net
Company Research Source: GlobeNewswire
PEMBROKE, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) announced today its plans for Todd Sutherland, current Senior Vice President, Management Liability within the Company’s Excess and Surplus Lines (“E&S”) segment, to succeed Richard Schmitzer as President of the E&S segment effective May 5, 2025. Mr. Schmitzer announced that he will step down as Chief Executive Officer of the E&S segment effective July 31, 2025, a position he has held since 2010, and retire during the fourth quarter of 2025 after more than 45 years in the insurance industry. “Richard Schmitzer has chosen to retire after a long and highly successful insurance career spanning over four decades,” said Frank D'Orazio, the Company’s Chief Executive Officer. “Under Richard’s leadership, we have built a meaningfully relevant and resilient E&S business. We are grateful for his many contributions to the organization and wish him well in his ret Show less Read more
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