CAMICO names new president and CEO

CAMICO names new president and CEO | Insurance Business America

Insurance News

CAMICO names new president and CEO

He will succeed Ric Rosario who will retire on Dec 31, 2024

Insurance News

By
Abigail Adriatico

Insurance agency CAMICO has announced that Mike Ray will be succeeding Ric Rosario as the firm’s president and chief executive officer following Rosario’s retirement by the end of the year.

According to the firm, Ray is now phasing into the role of CEO. CAMICO board chairman Andrew M. Eassa said that Ray has proven himself to be a worthy leader to lead the firm.

“With Mike’s proven leadership experience, expertise and keen understanding of the complex professional challenges that CPAs face, I believe he is the right leader to take CAMICO forward,” said Eassa.

“His strategic vision and strong commitment to serving and protecting CPAs will ensure CAMICO’s continued guidance and support to our policyholders.”

Who is Mike Ray?

Ray has been part of CAMICO since February 2023, when he joined as chief financial officer. Prior to his time with the firm, he worked for PricewaterhouseCoopers and had also served as the CFO for California Casualty Management Company.

He also has more than 10 years of leadership experience with the California Society of CPAs San Francisco Chapter. He began serving as vice chair of the organization’s board of directors this July.

Ray’s appointment will take effect on Jan. 1, 2025, following Rosario’s planned retirement on Dec. 31, 2024. Rosario has been the firm’s CEO since 2009.

“It has been a great honor to serve as CEO of CAMICO for the last fifteen years, guiding and supporting the organization as we strive to assure the continued protection and security of our policyholders,” said Rosario.

“I have tremendous respect for Mike’s capabilities, and I am confident that CAMICO’s future under his leadership will be in good and capable hands moving forward.”

Following his retirement as CEO, Rosario will continue to be a member of the company’s board of directors and will be succeeding Eassa as the chairman of the board in June 2025.

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