Ryan Specialty Holdings, Inc., the international specialty insurance firm, has announced the retirement of William J. Devers from the company’s Board of Directors, effective December 31st, 2023.
Concurrently, Pat Ryan, Jr. has been appointed to Ryan Specialty’s Board of Directors, effective January 1st, 2024.
Patrick G. Ryan, Chairman of the Board of Directors, commented, “Bill Devers has been on the Board of Ryan Specialty since 2013 and has been a trusted advisor, colleague and friend over the years. We thank Bill for his time and advice that has been so instrumental in guiding Ryan Specialty these past 11 years.”
Pat Ryan, Jr. is a technology entrepreneur and investor, who served for 25 years on the board of Penske Corporation. He has founded two high-growth software as a service (SaaS) companies.
He has also co-founded early-stage venture capital firm Chicago Ventures, and is currently the Founder and Chief Executive Officer of Incisent Labs Group, a holding company and incubator for creating new tech firms.
Patrick G. Ryan added, “We are very excited to welcome Pat to Ryan Specialty’s Board of Directors. Pat will bring a new dimension to our Board with his deep knowledge of technical excellence in business. He has a proven track record of success with high-growth companies, and we welcome his strategic and knowledgeable insights.”
Pat Ryan, Jr. stated, “It is an honour to join the Board of Ryan Specialty. As an industry leader, the firm continues to evolve and innovate based on the needs of their clients and the insurance market.
“I look forward to assisting in the guidance of Ryan Specialty’s continued long-term growth.”
