Captive Resources announces a series of executive leadership updates to support the organisation’s long-term growth and strategic alignment. As part of the changes, Mike Foley is named vice chairman. Foley previously served as co-chief executive officer and president, and in his new role he will continue to shape the firm’s strategic direction and support senior leadership. John Pontin is appointed president, moving from his previous role as chief growth officer. During his tenure as chief growth officer, Pontin led the expansion of the firm’s property and casualty (P&C) and health solutions businesses while strengthening broker partnerships. The Itasca-based consultant also adds Steven Gransbury, president of health solutions, and ?Mark Knipfer, chief strategy officer, to its executive committee. Following these appointments, the Captive Resources executive committee now consists of Nicholas Hentges, chief executive officer; Mike Foley, vice chairman; John Pontin, president; Donna Dreuth, group chief financial officer and chief administrative officer; JP Boulus, chief executive officer, property and casualty; Steven Gransbury, president, health solutions; and Mark Knipfer, chief strategy officer. Commenting on the updates, Hentges says: “These leadership changes reflect our continued focus on the long-term growth and sustainability of Captive Resources. As our organisation evolves, it’s critical that our leadership structure evolves with it, ensuring we are positioned to serve our clients, brokers and partners at the highest level for years to come”. Pontin adds: “I’m excited to continue working alongside this leadership team as we further invest in our people, strengthen our client relationships and support the continued growth of both our property and casualty and health solutions businesses”. Captive Resources currently advises 52 casualty and medical stop-loss group captives, comprising 7,700 member companies and US$5.7 billion in annual premium.
