RVI Group, a Group 1001 company,  announced that Co-CEO Mike McGroarty will retire and Co-CEO Dan Egan will assume the role of sole CEO, effective March 31, 2026.

McGroarty’s retirement marks the conclusion of a distinguished career in leadership, law, and business operations. He has played a pivotal role in guiding RVI Group’s strategic growth and operational excellence, helping position the firm for long-term success.

“Mike’s strong leadership, sound judgment, and deep institutional knowledge have been invaluable to RVI,” said Micky Hervitz, Chairman of the RVI Board of Directors. “He has been a trusted partner to employees, clients, and other stakeholders, and his impact on the company will be felt for years to come. We are pleased that Mike will serve as a non-executive member of the Board of Directors going forward.”

“Serving as Co-CEO of RVI Group alongside Dan has been an honor,” said McGroarty. “I am proud of what we have built together and grateful to have worked with such a talented and dedicated team. I look forward to seeing RVI continue to grow and succeed under Dan’s leadership in the years ahead.”

Egan brings three decades of experience with RVI. Prior to his appointment to Co-CEO in 2019, he led the growth of the Commercial Equipment business and served as Chief Risk Officer. His appointment reflects RVI’s commitment to leadership continuity, operational excellence, and long-term strategic growth.

“I am honored to continue leading RVI Group as CEO,” said Egan. “Mike and I have worked closely together for many years, and I am grateful for his leadership, partnership, and lasting contributions to the firm. I look forward to building on our strong foundation and continuing to deliver value to our stakeholders.”

“Dan has been an integral part of RVI Group for 30 years and has played a central role in shaping the company we are today,” said Hervitz. “His deep understanding of our business, our clients, and our people makes him exceptionally well-positioned to lead RVI into its next chapter.”

RVI Group remains focused on executing its strategic priorities of growing its residual value insurance and property and casualty reinsurance, with no anticipated changes to day-to-day operations, client service, or organizational structure as part of this leadership transition.