Ryan Specialty Announces Leadership Succession Plan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2026
0mins
Ryan Turner Specialty, a leading wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty, is pleased to announce a planned leadership succession, which highlights the deep roster of talent at the firm. These appointments are effective August 1, 2026. The plan includes: Ed McCormack, CEO of RT Specialty, will transition to the role of Vice Chairman and remain in that role through 2027. Since the firm's inception, Ed has been one of the driving forces behind RT Specialty's rise as a leader in the specialty insurance market, and has been integral to the strategic direction, talent building and relationship development that have made RT Specialty synonymous with expertise, speed and execution. Brendan Mulshine, Co-President of Ryan Specialty, will assume the additional role of CEO of RT Specialty, working closely with leadership to drive accelerated growth and deepen relationships with retail broker clients and carrier trading partners. Brendan joined the firm in 2012 and has worked across all of its business units, including RT Specialty, as part of a 30-year career in law, insurance and reinsurance. Brenda (Ballard) Austenfeld, Co-President of RT Specialty and CEO of its National Property Practice, who has built this business into a recognized leader in specialized and catastrophic risk, will become Deputy Vice Chairman of RT Specialty. Hugh Mooney, President of the National Property Practice with over two decades of expertise in wholesale insurance, will become CEO of the Property Practice. Chris Houska, CEO of RT Specialty's National Casualty Practice, who has been part of the firm's leadership since 2010, will become Vice Chairman of the National Casualty Practice through 2027. Ryan Grimes, President of the National Casualty Practice with twenty years of experience in wholesale insurance, will become CEO of the casualty practice.
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Analyst Views on RYAN
Wall Street analysts forecast RYAN stock price to rise
16 Analyst Rating
10 Buy
5 Hold
1 Sell
Moderate Buy
Current: 41.210
Low
56.00
Averages
64.57
High
82.00
Current: 41.210
Low
56.00
Averages
64.57
High
82.00
About RYAN
Ryan Specialty Holdings, Inc. is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. It 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. For retail insurance brokers, it assists in the placement of complex or otherwise hard-to-place risks. For insurance carriers, it works with retail and wholesale insurance brokers to source, onboard, underwrite, and service these same risks. Wholesale Brokerage Specialty operates under the brand RT Specialty along with others, such as RT ProExec and CERT. Binding Authority Specialty operates under the RT Specialty, Connector and RT Binding Authority brands. Underwriting Management Specialty operates under multiple brands, which are collectively referred to as Ryan Specialty Underwriting Managers. It also specializes in builder's risk insurance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ryan Specialty Completes New Lloyd's Consortium Initiative
- Global Underwriting Portfolio Expansion: Ryan Specialty's underwriting management division, RSUM, has completed a series of Lloyd's consortium stamps that will capture a 15% market share for its global P&C delegated underwriting portfolio, enhancing its competitive position in the global market.
- Tech-Driven Market Innovation: The initiative will utilize Ardonagh's Axiiem digital exchange as a facilitation agent, improving structural efficiency and data sharing capabilities, thereby driving innovation and development in the specialty insurance market.
- Strengthening Industry Leadership: With over 1,500 industry professionals, RSUM continues to provide high-quality services to clients, reinforcing its leadership position in delegated authority underwriting services through centralized technical support and a broad network of brokers.
- Market Support and Collaboration: RSUM expresses gratitude for Lloyd’s support and Markel's cornerstone backing, highlighting the importance of industry collaboration and trust in successfully implementing new projects.
See More
Ryan Specialty to Release Q2 2026 Financial Results
- Earnings Release Schedule: Ryan Specialty Holdings, Inc. will announce its Q2 2026 financial results after market close on July 30, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will hold a conference call at 4:45 PM Eastern Time on July 30, 2026, to discuss the financial results, aiming to enhance interaction and information sharing with investors.
- Webcast Access: Interested parties can register for the live webcast through the company's Investor Relations website, ensuring participation at least 10 minutes prior to the scheduled start time to receive the latest updates.
- Replay Availability: A replay of the call will be available at ir.ryanspecialty.com for one year following the event, further enhancing information accessibility and company transparency.
See More
Anthony Kuczinski Increases Stake in Ryan Specialty Holdings
- Share Purchase Transaction: Anthony Kuczinski, a board member of Ryan Specialty Holdings, purchased 3,000 shares of common stock on June 11 and 12, 2026, in multiple open-market transactions valued at approximately $105,000, indicating his bullish outlook on the company.
- Increased Ownership Percentage: This transaction increased Kuczinski's direct holdings by 29.79%, bringing his total to 13,072 shares, reflecting a strengthened confidence in the company's future prospects.
- Market Price Analysis: The weighted average purchase price was $34.99 per share, below the June 12, 2026 closing price of $35.64, suggesting he capitalized on the stock's low point, potentially anticipating a rebound.
- Financial Performance Recovery: Despite a 46.93% decline in stock price over the past year, Ryan Specialty's revenue rose 15% year-over-year to $795.2 million in Q1 2026, with net income at $40.6 million, demonstrating the company's growth potential even in challenging conditions.
See More
Director Anthony Kuczinski Increases Stake in Ryan Specialty Holdings
- Share Acquisition: Director Anthony Kuczinski purchased 3,000 shares of Ryan Specialty Holdings on June 11 and 12, 2026, for approximately $105,000, increasing his direct holdings by 29.79% to 13,072 shares, indicating a bullish outlook on the company.
- Market Recovery Signal: This acquisition occurred after Ryan Specialty's stock hit a 52-week low of $29.28 in May, suggesting Kuczinski capitalized on the price drop, reflecting confidence in the company's future performance, especially with a 15% year-over-year revenue increase to $795.2 million in Q1 2026.
- Improved Financial Performance: Ryan Specialty reported a net income of $40.6 million in Q1 2026, a significant turnaround from a $4.4 million net loss in the previous year, showcasing strong performance in the insurance sector despite lowering its 2026 growth forecast.
- Attractive Valuation: With a price-to-sales ratio of 1.7, near a low point for the past year, Ryan Specialty's current valuation appears appealing, potentially attracting more investor interest, even though it was not included in The Motley Fool's top stock picks.
See More
RT Specialty Announces Leadership Succession Plan
- Leadership Transition: RT Specialty announces a leadership succession plan effective August 1, 2026, with current CEO Ed McCormack transitioning to Vice Chairman, ensuring continued strategic guidance to maintain the firm's leadership in the specialty insurance market.
- New CEO Appointment: Brendan Mulshine will assume the role of CEO of RT Specialty, leveraging his extensive experience across the firm's business units since 2012 to drive accelerated growth and deepen relationships with retail broker clients and carrier partners.
- Deputy Vice Chairman Role: Brenda Austenfeld will become Deputy Vice Chairman of RT Specialty, and her established leadership in specialized and catastrophic risk is expected to enhance the firm's competitive position in the market.
- New Business Leaders: Hugh Mooney and Ryan Grimes are appointed as CEOs of the Property and Casualty Practices, respectively, and their extensive experience in wholesale insurance is anticipated to propel business growth in their respective areas.
See More
Investigation into Ryan Specialty Holdings for Securities Violations
- Investigation Launched: The Schall Law Firm has announced an investigation into Ryan Specialty Holdings, focusing on whether the company issued false or misleading statements that could affect investor rights.
- Declining Financial Performance: Ryan's Q4 and full-year 2025 financial results revealed that organic revenue growth was significantly lower than the prior year, with EBITDAC margins also declining, indicating market pressures.
- Deteriorating Pricing Trends: The company noted an intensification of property pricing trends in Q4, reporting rate decreases of 25% to 35%, which exceeded earlier expectations, highlighting worsening market conditions.
- Significant Stock Reaction: Following the disappointing financial results and uncertain market outlook, Ryan's shares fell nearly 12.8% the day after the announcement, reflecting investor concerns about the company's future.
See More
Ryan Specialty Completes New Lloyd's Consortium Initiative
- Global Underwriting Portfolio Expansion: Ryan Specialty's underwriting management division, RSUM, has completed a series of Lloyd's consortium stamps that will capture a 15% market share for its global P&C delegated underwriting portfolio, enhancing its competitive position in the global market.
- Tech-Driven Market Innovation: The initiative will utilize Ardonagh's Axiiem digital exchange as a facilitation agent, improving structural efficiency and data sharing capabilities, thereby driving innovation and development in the specialty insurance market.
- Strengthening Industry Leadership: With over 1,500 industry professionals, RSUM continues to provide high-quality services to clients, reinforcing its leadership position in delegated authority underwriting services through centralized technical support and a broad network of brokers.
- Market Support and Collaboration: RSUM expresses gratitude for Lloyd’s support and Markel's cornerstone backing, highlighting the importance of industry collaboration and trust in successfully implementing new projects.
See More
Ryan Specialty to Release Q2 2026 Financial Results
- Earnings Release Schedule: Ryan Specialty Holdings, Inc. will announce its Q2 2026 financial results after market close on July 30, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will hold a conference call at 4:45 PM Eastern Time on July 30, 2026, to discuss the financial results, aiming to enhance interaction and information sharing with investors.
- Webcast Access: Interested parties can register for the live webcast through the company's Investor Relations website, ensuring participation at least 10 minutes prior to the scheduled start time to receive the latest updates.
- Replay Availability: A replay of the call will be available at ir.ryanspecialty.com for one year following the event, further enhancing information accessibility and company transparency.
See More
Anthony Kuczinski Increases Stake in Ryan Specialty Holdings
- Share Purchase Transaction: Anthony Kuczinski, a board member of Ryan Specialty Holdings, purchased 3,000 shares of common stock on June 11 and 12, 2026, in multiple open-market transactions valued at approximately $105,000, indicating his bullish outlook on the company.
- Increased Ownership Percentage: This transaction increased Kuczinski's direct holdings by 29.79%, bringing his total to 13,072 shares, reflecting a strengthened confidence in the company's future prospects.
- Market Price Analysis: The weighted average purchase price was $34.99 per share, below the June 12, 2026 closing price of $35.64, suggesting he capitalized on the stock's low point, potentially anticipating a rebound.
- Financial Performance Recovery: Despite a 46.93% decline in stock price over the past year, Ryan Specialty's revenue rose 15% year-over-year to $795.2 million in Q1 2026, with net income at $40.6 million, demonstrating the company's growth potential even in challenging conditions.
See More
Director Anthony Kuczinski Increases Stake in Ryan Specialty Holdings
- Share Acquisition: Director Anthony Kuczinski purchased 3,000 shares of Ryan Specialty Holdings on June 11 and 12, 2026, for approximately $105,000, increasing his direct holdings by 29.79% to 13,072 shares, indicating a bullish outlook on the company.
- Market Recovery Signal: This acquisition occurred after Ryan Specialty's stock hit a 52-week low of $29.28 in May, suggesting Kuczinski capitalized on the price drop, reflecting confidence in the company's future performance, especially with a 15% year-over-year revenue increase to $795.2 million in Q1 2026.
- Improved Financial Performance: Ryan Specialty reported a net income of $40.6 million in Q1 2026, a significant turnaround from a $4.4 million net loss in the previous year, showcasing strong performance in the insurance sector despite lowering its 2026 growth forecast.
- Attractive Valuation: With a price-to-sales ratio of 1.7, near a low point for the past year, Ryan Specialty's current valuation appears appealing, potentially attracting more investor interest, even though it was not included in The Motley Fool's top stock picks.
See More
RT Specialty Announces Leadership Succession Plan
- Leadership Transition: RT Specialty announces a leadership succession plan effective August 1, 2026, with current CEO Ed McCormack transitioning to Vice Chairman, ensuring continued strategic guidance to maintain the firm's leadership in the specialty insurance market.
- New CEO Appointment: Brendan Mulshine will assume the role of CEO of RT Specialty, leveraging his extensive experience across the firm's business units since 2012 to drive accelerated growth and deepen relationships with retail broker clients and carrier partners.
- Deputy Vice Chairman Role: Brenda Austenfeld will become Deputy Vice Chairman of RT Specialty, and her established leadership in specialized and catastrophic risk is expected to enhance the firm's competitive position in the market.
- New Business Leaders: Hugh Mooney and Ryan Grimes are appointed as CEOs of the Property and Casualty Practices, respectively, and their extensive experience in wholesale insurance is anticipated to propel business growth in their respective areas.
See More
Investigation into Ryan Specialty Holdings for Securities Violations
- Investigation Launched: The Schall Law Firm has announced an investigation into Ryan Specialty Holdings, focusing on whether the company issued false or misleading statements that could affect investor rights.
- Declining Financial Performance: Ryan's Q4 and full-year 2025 financial results revealed that organic revenue growth was significantly lower than the prior year, with EBITDAC margins also declining, indicating market pressures.
- Deteriorating Pricing Trends: The company noted an intensification of property pricing trends in Q4, reporting rate decreases of 25% to 35%, which exceeded earlier expectations, highlighting worsening market conditions.
- Significant Stock Reaction: Following the disappointing financial results and uncertain market outlook, Ryan's shares fell nearly 12.8% the day after the announcement, reflecting investor concerns about the company's future.
See More
