RLI shakes up finance executive leadership as CFO Brown retires

US specialty insurer RLI has appointed Todd Bryant to replace  Thomas Brown as the company's chief financial officer (CFO) from July.

Brown is retiring on 1 July, 2019 after eight years of service with the company. He joined RLI in 2011 as vice president, CFO, where he led the company’s financial strategy, planning and management operations. He was promoted to senior vice president, CFO in 2017.

Bryant was most recently vice president, finance & controller at RLI. He joined the company in 1993 and held various positions in the accounting department.

Additionally, the company has filled up two other finance executive leadership roles.

Seth Davis, vice president, corporate services, will assume the role of vice president, controller on July 1. He will lead RLI’s corporate financial reporting, corporate services, rating agency and tax.

Kathleen Taylor, assistant vice president, reinsurance accounting and cash operations, has been promoted to vice president, accounting operations. In her new role, Taylor will lead RLI’s reinsurance accounting, cash operations, accounting systems, cost allocations and expense management.

Jonathan Michael, RLI chairman & CEO, said: “Tom’s deep expertise and strong financial stewardship has contributed significantly to the success of our company. On behalf of our board of directors and the company, I would like to thank Tom for his leadership and contributions over his distinguished career.”

Michael added: “We are fortunate to have three strong successors that will facilitate a seamless transition in this critical area of our business. Todd, Seth and Kathleen bring a wealth of experience, demonstrated leadership and deep understanding of RLI’s business to their new roles. I’m confident in their ability to help drive RLI’s future growth and continued value creation for our shareholders.”