leadership
confidence high
sentiment neutral
materiality 0.25
RLI director Robert P. Restrepo to retire from board effective Dec 31, 2026
RLI CORP
- Robert P. Restrepo notified RLI Corp. on November 9, 2026 of his intention to retire and resign from the Board of Directors effective December 31, 2026.
- Company stated the retirement was not the result of any disagreement with the Company on operations, policies, practices, management, or any business matter.
- Board acknowledged Restrepo's contributions and thanked him for ten years of service; no replacement director was named in the filing.
- Restrepo's departure reduces board size; RLI common stock (RLI) trades on the NYSE.