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RT Specialty elevates group of executives


Ryan Specialty Group L.L.C. said Friday that it has made executive leadership changes at RT Specialty, a subsidiary of Ryan Specialty Group that provides wholesale brokerage services to agents and brokers.

Timothy W. Turner has been named chairman and CEO. Previously, Mr. Turner was CEO and president. Edward F. McCormack has been named president. Previously, Mr. McCormack was chief operating officer. Michael T. VanAcker has been named chief operating officer. Previously, Mr. VanAcker was the company's controller; he retains the responsibilities of this role, Ryan Specialty Group said in a statement.

Previously, Patrick G. Ryan was the chairman of RT Specialty. He remains the chairman of Ryan Specialty Group, according to a Ryan Specialty Group spokeswoman.

“Each of these individuals has proven their leadership over the past five years,” Patrick G. Ryan, chairman and CEO of Ryan Specialty Group said in the statement. “RT Specialty was formed in 2010 and in this short time, under the direction of these individuals, RT Specialty has become one of the largest wholesale brokers in the nation. Tim Turner has proven time and again his tremendous leadership, motivational and building skills. Ed McCormack, who has been with RT Specialty since the beginning, continues to be a strong strategic leader. Michael VanAcker has been with RSG and RT since 2011. He is an outstanding talent and will continue to bring excellence to RT Specialty.”

All four executives will be based in Chicago.