leadership
confidence high
sentiment neutral
materiality 0.50
RLI Chairman Jonathan Michael to retire; David Duclos named successor
RLI CORP
- Jonathan E. Michael will retire from RLI Board at the 2024 Annual Meeting in May, following the company's succession plan.
- David B. Duclos elected Non-Executive Chairman, effective upon Michael's retirement.
- Michael served as RLI CEO for 20 years and has over 40 years with the company.
- Duclos brings 45 years of global reinsurance/insurance experience, including CEO of QBE North America and XL Insurance.
- No other board or management changes announced.