OLD REPUBLIC INTERNATIONAL APPOINTS NEW PRESIDENT TO BITCO INSURANCE COMPANIES
Old Republic International (NYSE: ORI) has announced key leadership changes at its subsidiary BITCO Insurance Companies. Meyer Lehman, 50, will assume the role of President effective May 1, while Vince Lamb, 62, will continue serving as Chief Executive Officer.
The succession plan demonstrates strategic leadership development at BITCO, with Craig R. Smiddy, Old Republic International's President and CEO, expressing confidence in the transition. Since joining BITCO in 2023, Lehman has demonstrated strong performance in:
- Driving growth initiatives
- Improving profitability
- Enhancing operational excellence
This leadership structure, combining Lehman's appointment as President while maintaining Lamb as CEO, aims to ensure continuity in BITCO's operations. The company remains focused on delivering specialized insurance solutions to its agents, brokers, and customers.
Old Republic International (NYSE: ORI) ha annunciato importanti cambiamenti nella leadership della sua controllata BITCO Insurance Companies. Meyer Lehman, 50 anni, assumerà il ruolo di Presidente a partire dal 1° maggio, mentre Vince Lamb, 62 anni, continuerà a ricoprire la carica di Amministratore Delegato.
Il piano di successione evidenzia uno sviluppo strategico della leadership in BITCO, con Craig R. Smiddy, Presidente e CEO di Old Republic International, che ha espresso fiducia nella transizione. Da quando è entrato in BITCO nel 2023, Lehman ha dimostrato ottime performance in:
- Guidare iniziative di crescita
- Migliorare la redditività
- Potenziare l'eccellenza operativa
Questa struttura di leadership, che combina la nomina di Lehman a Presidente mantenendo Lamb come CEO, mira a garantire continuità nelle operazioni di BITCO. L'azienda resta focalizzata nel fornire soluzioni assicurative specializzate ai suoi agenti, broker e clienti.
Old Republic International (NYSE: ORI) ha anunciado cambios clave en el liderazgo de su subsidiaria BITCO Insurance Companies. Meyer Lehman, de 50 años, asumirá el cargo de Presidente a partir del 1 de mayo, mientras que Vince Lamb, de 62 años, continuará desempeñándose como Director Ejecutivo.
El plan de sucesión demuestra un desarrollo estratégico del liderazgo en BITCO, con Craig R. Smiddy, Presidente y CEO de Old Republic International, expresando confianza en la transición. Desde que Lehman se unió a BITCO en 2023, ha mostrado un desempeño destacado en:
- Impulsar iniciativas de crecimiento
- Mejorar la rentabilidad
- Fortalecer la excelencia operativa
Esta estructura de liderazgo, que combina el nombramiento de Lehman como Presidente mientras Lamb mantiene el cargo de CEO, busca asegurar la continuidad en las operaciones de BITCO. La compañía sigue enfocada en ofrecer soluciones de seguros especializadas a sus agentes, corredores y clientes.
Old Republic International (NYSE: ORI)는 자회사 BITCO Insurance Companies의 주요 리더십 변화를 발표했습니다. 50세의 마이어 레만이 5월 1일부터 사장직을 맡게 되며, 62세의 빈스 램은 최고경영자(CEO) 직을 계속 유지합니다.
이번 승계 계획은 BITCO의 전략적 리더십 개발을 보여주며, Old Republic International의 사장 겸 CEO인 크레이그 R. 스미디는 이번 전환에 대한 신뢰를 표명했습니다. 레만은 2023년 BITCO에 합류한 이후 다음 분야에서 뛰어난 성과를 보였습니다:
- 성장 이니셔티브 추진
- 수익성 향상
- 운영 우수성 강화
레만이 사장으로 임명되고 램이 CEO로 남는 이 리더십 구조는 BITCO 운영의 연속성을 보장하는 것을 목표로 합니다. 회사는 대리인, 중개인 및 고객에게 전문화된 보험 솔루션을 제공하는 데 계속 집중하고 있습니다.
Old Republic International (NYSE : ORI) a annoncé des changements clés dans la direction de sa filiale BITCO Insurance Companies. Meyer Lehman, 50 ans, assumera le rôle de Président à compter du 1er mai, tandis que Vince Lamb, 62 ans, continuera d’exercer les fonctions de Directeur Général.
Le plan de succession illustre un développement stratégique du leadership chez BITCO, Craig R. Smiddy, Président et CEO d’Old Republic International, exprimant sa confiance dans cette transition. Depuis son arrivée chez BITCO en 2023, Lehman a démontré d’excellentes performances dans :
- La conduite des initiatives de croissance
- L’amélioration de la rentabilité
- Le renforcement de l’excellence opérationnelle
Cette structure de direction, combinant la nomination de Lehman en tant que Président tout en maintenant Lamb comme Directeur Général, vise à assurer la continuité des opérations de BITCO. L’entreprise reste concentrée sur la fourniture de solutions d’assurance spécialisées à ses agents, courtiers et clients.
Old Republic International (NYSE: ORI) hat bedeutende Führungsänderungen bei seiner Tochtergesellschaft BITCO Insurance Companies bekannt gegeben. Meyer Lehman, 50 Jahre alt, wird ab dem 1. Mai die Position des Präsidenten übernehmen, während Vince Lamb, 62 Jahre alt, weiterhin als Chief Executive Officer tätig sein wird.
Der Nachfolgeplan zeigt eine strategische Führungskräfteentwicklung bei BITCO, wobei Craig R. Smiddy, Präsident und CEO von Old Republic International, Vertrauen in den Übergang ausdrückt. Seit seinem Eintritt bei BITCO im Jahr 2023 hat Lehman starke Leistungen in folgenden Bereichen gezeigt:
- Vorantreiben von Wachstumsinitiativen
- Verbesserung der Rentabilität
- Steigerung der operativen Exzellenz
Diese Führungsstruktur, die die Ernennung von Lehman zum Präsidenten bei gleichzeitiger Beibehaltung von Lamb als CEO kombiniert, soll Kontinuität in den BITCO-Geschäften sicherstellen. Das Unternehmen bleibt darauf fokussiert, spezialisierte Versicherungslösungen für seine Agenten, Makler und Kunden bereitzustellen.
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BITCO has named Meyer Lehman (50) President, effective May 1. Vince Lamb (62) will continue as Chief Executive Officer. In making this announcement, Craig R. Smiddy, Old Republic International's President and Chief Executive Officer, noted, "These appointments reflect thoughtful succession planning at BITCO. Since joining BITCO in 2023, Meyer has driven growth, profitability, and operational excellence, and we are confident he will continue to lead with a clear vision for the future. Meyer's appointment and Vince's continued leadership will ensure continuity as BITCO delivers specialized solutions to its agents, brokers, and customers."
About Old Republic
Old Republic is a leading specialty insurer that operates diverse property & casualty and title insurance companies. Founded in 1923 and a member of the Fortune 500, we are a leader in underwriting and risk management services for business partners across
At Old Republic: | At Financial Relations Board: | |
Craig R. Smiddy: President and Chief Executive Officer | Analysts/Investors: Joe Calabrese 212/827-3772 | |
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SOURCE Old Republic International Corporation
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