Media Release
Jun 14, 2024
ISU Group announces new Chief Executive Officer
Author: ISU Steadfast
ISU Group (ISU), one of the largest independent agency networks in the US, has today announced that Dan McCarthy, Chief Operating Officer, will become the next Chief Executive Officer, assuming the responsibilities held by T.J. Ryan III over the past 35 years.
Samantha Hollman, CEO – International of Steadfast Group, said the appointment will allow for a smooth transition from current CEO T.J. Ryan III.
“Dan’s appointment is a natural progression for the future of ISU and part of a carefully developed succession plan to ensure continuity and confidence in the business.
“Dan has established himself as an effective executive and a visionary leader, with over 30 years of experience in finance, underwriting, claims management and sales. As COO over the past 10 years, Dan has developed a deep understanding of ISU’s business and its role in the insurance distribution system and has been instrumental to the growth and development of the Network over that time”.
Dan McCarthy, ISU COO, paid tribute to T.J.’s leadership: “It’s an honor to be asked to lead ISU. T.J. has been a valued leader of ISU, and it has been a pleasure to have him as a trusted mentor and colleague.
“ISU has incredibly talented and passionate people who embrace a culture of innovation and collaboration, which at its heart will ensure we continue to deliver meaningful value for our network members and their clients”.
As part of the changes, T.J. will move into a newly created role of Vice Chairman, where he will focus on strategic projects and industry opportunities utilising the vast relationships he has established over his career. “Serving as ISU’s CEO for nearly 35 years has truly been a privilege and I am incredibly proud of our accomplishments to date. Since ISU was formed, we have experienced tremendous growth driven by our network members and outstanding team. I am confident ISU will continue to excel under Dan’s leadership”.
Ms Hollman added: “T.J. is very passionate about ISU’s future growth and is excited about the opportunity to continue to support ISU in this new role.
With Dan at the helm and Steadfast’s full support, ISU is on a solid footing and it will be exciting to see him lead the organization through the next phase of its growth journey.”
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