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OLD REPUBLIC INTERNATIONAL APPOINTS NEW PRESIDENT TO BITCO INSURANCE COMPANIES

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Old Republic International (NYSE: ORI) has announced key leadership changes at its subsidiary BITCO Insurance Companies. Meyer Lehman, 50, will assume the role of President effective May 1, while Vince Lamb, 62, will continue serving as Chief Executive Officer.

The succession plan demonstrates strategic leadership development at BITCO, with Craig R. Smiddy, Old Republic International's President and CEO, expressing confidence in the transition. Since joining BITCO in 2023, Lehman has demonstrated strong performance in:

  • Driving growth initiatives
  • Improving profitability
  • Enhancing operational excellence

This leadership structure, combining Lehman's appointment as President while maintaining Lamb as CEO, aims to ensure continuity in BITCO's operations. The company remains focused on delivering specialized insurance solutions to its agents, brokers, and customers.

Old Republic International (NYSE: ORI) ha annunciato importanti cambiamenti nella leadership della sua controllata BITCO Insurance Companies. Meyer Lehman, 50 anni, assumerà il ruolo di Presidente a partire dal 1° maggio, mentre Vince Lamb, 62 anni, continuerà a ricoprire la carica di Amministratore Delegato.

Il piano di successione evidenzia uno sviluppo strategico della leadership in BITCO, con Craig R. Smiddy, Presidente e CEO di Old Republic International, che ha espresso fiducia nella transizione. Da quando è entrato in BITCO nel 2023, Lehman ha dimostrato ottime performance in:

  • Guidare iniziative di crescita
  • Migliorare la redditività
  • Potenziare l'eccellenza operativa

Questa struttura di leadership, che combina la nomina di Lehman a Presidente mantenendo Lamb come CEO, mira a garantire continuità nelle operazioni di BITCO. L'azienda resta focalizzata nel fornire soluzioni assicurative specializzate ai suoi agenti, broker e clienti.

Old Republic International (NYSE: ORI) ha anunciado cambios clave en el liderazgo de su subsidiaria BITCO Insurance Companies. Meyer Lehman, de 50 años, asumirá el cargo de Presidente a partir del 1 de mayo, mientras que Vince Lamb, de 62 años, continuará desempeñándose como Director Ejecutivo.

El plan de sucesión demuestra un desarrollo estratégico del liderazgo en BITCO, con Craig R. Smiddy, Presidente y CEO de Old Republic International, expresando confianza en la transición. Desde que Lehman se unió a BITCO en 2023, ha mostrado un desempeño destacado en:

  • Impulsar iniciativas de crecimiento
  • Mejorar la rentabilidad
  • Fortalecer la excelencia operativa

Esta estructura de liderazgo, que combina el nombramiento de Lehman como Presidente mientras Lamb mantiene el cargo de CEO, busca asegurar la continuidad en las operaciones de BITCO. La compañía sigue enfocada en ofrecer soluciones de seguros especializadas a sus agentes, corredores y clientes.

Old Republic International (NYSE: ORI)ëŠ� ìžíšŒì‚� BITCO Insurance Companiesì� 주요 리ë”ì‹� 변화를 발표했습니다. 50ì„¸ì˜ ë§ˆì´ì–� 레만ì� 5ì›� 1ì¼ë¶€í„� 사장ì§ì„ 맡게 ë˜ë©°, 62ì„¸ì˜ ë¹ˆìŠ¤ ëž¨ì€ ìµœê³ ê²½ì˜ìž�(CEO) ì§ì„ ê³„ì† ìœ ì§€í•©ë‹ˆë‹�.

ì´ë²ˆ 승계 계íšì€ BITCOì� ì „ëžµì � 리ë”ì‹� 개발ì� 보여주며, Old Republic Internationalì� 사장 ê²� CEOì� í¬ë ˆì´ê·¸ R. 스미디는 ì´ë²ˆ 전환ì—� 대í•� 신뢰ë¥� 표명했습니다. ë ˆë§Œì€ 2023ë…� BITCOì—� 합류í•� ì´í›„ ë‹¤ìŒ ë¶„ì•¼ì—서 ë›°ì–´ë‚� 성과ë¥� 보였습니ë‹�:

  • 성장 ì´ë‹ˆì…”í‹°ë¸� 추진
  • 수ìµì„� í–¥ìƒ
  • ìš´ì˜ ìš°ìˆ˜ì„� ê°•í™”

레만ì� 사장으로 임명ë˜ê³  ëž¨ì´ CEOë¡� 남는 ì� 리ë”ì‹� 구조ëŠ� BITCO ìš´ì˜ì� ì—°ì†ì„±ì„ 보장하는 ê²ƒì„ ëª©í‘œë¡� 합니ë‹�. 회사ëŠ� 대리ì¸, 중개ì� ë°� ê³ ê°ì—게 ì „ë¬¸í™”ëœ ë³´í—˜ ì†”ë£¨ì…˜ì„ ì œê³µí•˜ëŠ” ë� ê³„ì† ì§‘ì¤‘í•˜ê³  있습니다.

Old Republic International (NYSE : ORI) a annoncé des changements clés dans la direction de sa filiale BITCO Insurance Companies. Meyer Lehman, 50 ans, assumera le rôle de Président à compter du 1er mai, tandis que Vince Lamb, 62 ans, continuera d’exercer les fonctions de Directeur Général.

Le plan de succession illustre un développement stratégique du leadership chez BITCO, Craig R. Smiddy, Président et CEO d’Old Republic International, exprimant sa confiance dans cette transition. Depuis son arrivée chez BITCO en 2023, Lehman a démontré d’excellentes performances dans :

  • La conduite des initiatives de croissance
  • L’amélioration de la rentabilité
  • Le renforcement de l’excellence opérationnelle

Cette structure de direction, combinant la nomination de Lehman en tant que Président tout en maintenant Lamb comme Directeur Général, vise à assurer la continuité des opérations de BITCO. L’entreprise reste concentrée sur la fourniture de solutions d’assurance spécialisées à ses agents, courtiers et clients.

Old Republic International (NYSE: ORI) hat bedeutende Führungsänderungen bei seiner Tochtergesellschaft BITCO Insurance Companies bekannt gegeben. Meyer Lehman, 50 Jahre alt, wird ab dem 1. Mai die Position des Präsidenten übernehmen, während Vince Lamb, 62 Jahre alt, weiterhin als Chief Executive Officer tätig sein wird.

Der Nachfolgeplan zeigt eine strategische Führungskräfteentwicklung bei BITCO, wobei Craig R. Smiddy, Präsident und CEO von Old Republic International, Vertrauen in den Übergang ausdrückt. Seit seinem Eintritt bei BITCO im Jahr 2023 hat Lehman starke Leistungen in folgenden Bereichen gezeigt:

  • Vorantreiben von Wachstumsinitiativen
  • Verbesserung der Rentabilität
  • Steigerung der operativen Exzellenz

Diese Führungsstruktur, die die Ernennung von Lehman zum Präsidenten bei gleichzeitiger Beibehaltung von Lamb als CEO kombiniert, soll Kontinuität in den BITCO-Geschäften sicherstellen. Das Unternehmen bleibt darauf fokussiert, spezialisierte Versicherungslösungen für seine Agenten, Makler und Kunden bereitzustellen.

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CHICAGO, April 28, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) � today announced leadership succession at BITCO Insurance Companies (BITCO), an Old Republic Specialty Insurance Group subsidiary.

BITCO has named Meyer Lehman (50) President, effective May 1. Vince Lamb (62)Ìýwill continue as Chief Executive Officer. In making this announcement, Craig R. Smiddy, Old Republic International's President and Chief Executive Officer, noted, "These appointments reflect thoughtful succession planning at BITCO. Since joining BITCO in 2023, Meyer has driven growth, profitability, and operational excellence, and we are confident he will continue to lead with a clear vision for the future. Meyer's appointment and Vince's continued leadership will ensure continuity as BITCO delivers specialized solutions to its agents, brokers, and customers."

About Old Republic

Old Republic is a leading specialty insurer that operates diverse property & casualty and title insurance companies. Founded in 1923 and a member of the Fortune 500, we are a leader in underwriting and risk management services for business partners across the United States and Canada. Our specialized operating companies are experts in their fields, enabling us to provide tailored solutions that set us apart. For more information, please visit .

At Old Republic:

At Financial Relations Board:

Craig R. Smiddy: President and Chief Executive Officer

Analysts/Investors: Joe Calabrese 212/827-3772




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SOURCE Old Republic International Corporation

FAQ

Who is the new President of BITCO Insurance Companies (ORI) in 2025?

Meyer Lehman (50) has been appointed as the new President of BITCO Insurance Companies, effective May 1, 2025. He joined BITCO in 2023 and has demonstrated success in driving growth, profitability, and operational excellence.

What changes are happening in BITCO's leadership structure under Old Republic (ORI)?

BITCO is implementing a dual leadership structure where Meyer Lehman will serve as President while Vince Lamb (62) continues as Chief Executive Officer, effective May 1, 2025. This arrangement is part of BITCO's succession planning strategy.

What has Meyer Lehman achieved since joining BITCO Insurance in 2023?

Since joining BITCO in 2023, Meyer Lehman has successfully driven growth, profitability, and operational excellence, leading to his promotion as President effective May 1, 2025.

How will BITCO's new leadership affect Old Republic's (ORI) insurance operations?

The new leadership structure aims to ensure continuity in BITCO's operations while delivering specialized solutions to agents, brokers, and customers. The change maintains stability with Vince Lamb as CEO while bringing Meyer Lehman's proven leadership as President.

What is Old Republic's (ORI) strategy behind BITCO's leadership changes?

Old Republic's strategy involves thoughtful succession planning at BITCO, combining Meyer Lehman's proven track record of growth and operational excellence with Vince Lamb's continued leadership as CEO to ensure business continuity and future growth.
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