Ryan Specialty Appoints New CFO, Timothy M. Howes
Ticker: RYAN · Form: 8-K · Filed: Jul 1, 2024 · CIK: 1849253
| Field | Detail |
|---|---|
| Company | Ryan Specialty Holdings, Inc. (RYAN) |
| Form Type | 8-K |
| Filed Date | Jul 1, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, leadership-transition
Related Tickers: RYAN
TL;DR
Ryan Specialty names new CFO, Howes takes over from Seppala who moves to strategy.
AI Summary
On June 28, 2024, Ryan Specialty Holdings, Inc. announced the appointment of Timothy M. Howes as Chief Financial Officer, effective July 1, 2024. Howes will succeed Arthur E. Seppala, who will transition to the role of Executive Vice President, Strategy and Corporate Development. Howes previously served as the company's Chief Operating Officer.
Why It Matters
This executive transition signals a shift in financial leadership, potentially impacting the company's strategic financial decisions and investor relations.
Risk Assessment
Risk Level: low — This filing primarily concerns an executive appointment and internal role transition, which typically carries low inherent risk.
Key Players & Entities
- Ryan Specialty Holdings, Inc. (company) — Registrant
- Timothy M. Howes (person) — Appointed Chief Financial Officer
- July 1, 2024 (date) — Effective date of appointment
- Arthur E. Seppala (person) — Outgoing Chief Financial Officer, transitioning to EVP Strategy and Corporate Development
FAQ
Who has been appointed as the new Chief Financial Officer of Ryan Specialty Holdings, Inc.?
Timothy M. Howes has been appointed as the new Chief Financial Officer.
When is the appointment of Timothy M. Howes as CFO effective?
The appointment is effective July 1, 2024.
What is the new role for Arthur E. Seppala?
Arthur E. Seppala will transition to the role of Executive Vice President, Strategy and Corporate Development.
What was Timothy M. Howes' previous role at Ryan Specialty Holdings, Inc.?
Timothy M. Howes previously served as the company's Chief Operating Officer.
What is the exact date of the event reported in this 8-K filing?
The date of the earliest event reported is June 28, 2024.
Filing Stats: 1,289 words · 5 min read · ~4 pages · Grade level 9.4 · Accepted 2024-07-01 07:32:32
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value RYAN The New York Stock E
Filing Documents
- ryan-20240627.htm (8-K) — 45KB
- ryan-ex99_1.htm (EX-99.1) — 37KB
- img235980849_0.jpg (GRAPHIC) — 17KB
- 0000950170-24-079273.txt ( ) — 222KB
- ryan-20240627.xsd (EX-101.SCH) — 23KB
- ryan-20240627_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On July 1, 2024, the Company issued a press release announcing the succession plan described above. A copy of the press release is attached as Exhibit 99.1 to this Current Report and incorporated herein by reference. As provided in General Instruction B.2 to Form 8-K, the information furnished in this Item 7.01 and in Exhibit 99.1 to this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release, dated July 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RYAN SPECIALTY HOLDINGS, INC. Date: June 30, 2024 By: /s/ Mark S. Katz Mark S. Katz, Executive Vice President, General Counsel and Corporate Secretary