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Posted 03 February, 2023

RLI CORP appointed new CEO

CEO Change detected for ticker NYSE:RLI in a 8-K filed on 03 February, 2023.


  (b) On January 31, 2023, Calvin G. Butler, Jr. resigned from the Board of Directors of RLI Corp. ("RLI") in light of the demands of his new role as President and Chief Executive Officer of Exelon Corporation.  

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Overview of RLI CORP
Financial Services • Non-Life Insurance
RLI Corp. operates as a holding company, which engages in the provision of insurance and underwriting services. It operates through the following segments: Casualty, Property and Surety. The Casualty segment offers healthcare and transportation insurance. The Property segment consists of commercial fire, earthquake, difference in conditions, marine, facultative and treaty reinsurance, including crop and select personal lines policies, including pet insurance and homeowners reinsurance services. The Surety segment engages in writing contract surety coverage, licenses and bonds for commercial, energy and industrial sectors. The company was founded by Gerald D. Stephens in 1965 and is headquartered in Peoria, IL.
Market Cap
$6.97B
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RLI CORP by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; 

 Compensatory Arrangements of Certain Officers.


(b) On January 31, 2023, Calvin G. Butler, Jr. resigned from the Board of Directors of RLI Corp. ("RLI") in light of the demands of his new role as President and Chief Executive Officer of Exelon Corporation. Mr. Butler, who had served on the RLI Board since 2016, was a member of the Audit and Nominating & Corporate Governance Committees.