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OLD REPUBLIC INTERNATIONAL APPOINTS NEW PRESIDENT TO BITCO INSURANCE COMPANIES

1. Meyer Lehman becomes President of BITCO Insurance effective May 1. 2. Vince Lamb continues as CEO, ensuring leadership continuity at BITCO. 3. Lehman has driven growth and operational excellence since joining BITCO in 2023. 4. Old Republic emphasizes tailored solutions in specialty insurance across the U.S. and Canada.

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FAQ

Why Bullish?

Leadership changes often influence market perception positively. Previous leadership success stories have improved stock performance historically.

How important is it?

Leadership developments at key subsidiaries can significantly impact overall company performance, favorably affecting ORI.

Why Short Term?

Immediate positive reactions are likely, reflecting confidence in BITCO's growth strategies.

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AIGALLTRV
, /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) will 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 www.oldrepublic.com. At Old Republic: At Financial Relations Board: Craig R. Smiddy: President and Chief Executive Officer Analysts/Investors: Joe Calabrese 212/827-3772 SOURCE Old Republic International Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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