RT Specialty, the wholesale broking specialty of Ryan Specialty, announced a planned leadership succession effective August 1, 2026. Ed McCormack will transition from CEO to Vice Chairman through 2027, while Brendan Mulshine, Co-President of Ryan Specialty, will assume the additional role of CEO of RT Specialty. Brenda Austenfeld, Co-President of RT Specialty and CEO of its National Property Practice, becomes Deputy Vice Chairman, and Hugh Mooney will succeed her as CEO of the Property Practice. In the National Casualty Practice, Chris Houska moves to Vice Chairman through 2027, and Ryan Grimes becomes CEO of that practice.
Ryan Specialty Group Holdings IncLeadership succession announced; impact on performance unclear until transition occurs.