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James River Group CEO Transition and New Role

Story Highlights
  • Richard J. Schmitzer stepped down as CEO of the Excess & Surplus Lines segment on July 31, 2025.
  • His new role as Senior Vice President, Underwriting, includes a salary and severance provisions until retirement in late 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James River Group CEO Transition and New Role

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The latest announcement is out from James River Group ( (JRVR) ).

On July 31, 2025, Richard J. Schmitzer stepped down as CEO of James River Group‘s Excess & Surplus Lines segment, transitioning to Senior Vice President, Underwriting, until his retirement in the fourth quarter of 2025. The amendment to his employment agreement, effective August 11, 2025, outlines his new role and compensation, with provisions for severance pay in case of termination without cause, impacting company operations and leadership transition.

The most recent analyst rating on (JRVR) stock is a Buy with a $11.25 price target. To see the full list of analyst forecasts on James River Group stock, see the JRVR Stock Forecast page.

Spark’s Take on JRVR Stock

According to Spark, TipRanks’ AI Analyst, JRVR is a Neutral.

James River Group’s overall stock score reflects significant financial challenges, with declining revenues and profitability issues being the most impactful. While technical indicators and valuation are neutral to negative, recent earnings call and corporate events suggest strategic improvements and potential for future growth.

To see Spark’s full report on JRVR stock, click here.

More about James River Group

James River Group Holdings, Ltd. operates in the insurance industry, focusing on providing specialty insurance services, particularly in the Excess & Surplus Lines segment.

Average Trading Volume: 235,185

Technical Sentiment Signal: Sell

Current Market Cap: $264M

See more data about JRVR stock on TipRanks’ Stock Analysis page.

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