Patrick G. Ryan

Career

1. 2024 – now
   Ryan Specialty Holdingssrc
   Founder & Executive Chairman
   From 2024-10-01; chairs the board's Executive Committee
2. 2010 – 2024
   Ryan Specialtysrc
   Founder, Chairman & CEO
   Led the July 2021 IPO
3. 2005 – 2008
   Aon Corporationsrc
   Executive Chairman
   Stepped down as CEO in 2005 and stayed executive chairman until he retired in 2008 (search summaries)
4. 1964 – 2005
   Ryan Insurance Group, merged into Aon in 1982src
   Founder; Chairman and/or CEO of Aon
   Proxy says he founded Aon and was its Chairman and/or CEO for 41 years; the 1964 founding of Ryan Insurance Group and the 1982 merger with Combined Insurance come from the WebSearch summary returned with WS-ij-2021

Achievements

• Founded Aon's predecessor and ran Aon as Chairman and/or CEO for 41 years; Aon had over 500 offices in 120 countries and more than $7bn of revenue when he retiredsrc
• Started Ryan Specialty in 2010 after leaving Aon and was its Chairman & CEO until October 2024src
• Holds about 127.7m Class A shares and LLC units combined, about 48.5% of the fully exchanged share count, and 77.1% of combined voting powersrc
• Bought 120,000 shares on the open market in June 2026 at about $32.50, about $3.9msrc
• Horatio Alger Award (1987), American Academy of Arts and Sciences (2008) and International Insurance Society Hall of Fame (2008)src

Education

• Northwestern University, BBA Business Administration (1959)src

Background

• Family Father of director Patrick G. Ryan, Jr.; uncle of the wife of Brendan M. Mulshine, Co-President & Chief Revenue Officersrc
• Family His wife Shirley W. Ryan is co-trustee with him of the Ryan Stock Option Trust and of the family living trusts that hold his sharessrc
• Founder Dual-class control: each Class B share has 10 votes until the earliest of 12 months after his death or disability, Class B falling below 10% of shares, or 2029-09-30. Under the Director Nomination Agreement the Ryan Parties nominate the whole board, and since February 2026 they are entitled tosrc
• Investing Related-party dealings in 2025: Ryan Re paid him and his wife $3.7m to retire their 10%-coupon preferred equity; the company chartered his indirectly owned aircraft ($0.5m to him); family money holds 53% of the vehicle that co-owns Geneva Re with the company; he personally guaranteed up to $10m of an agency agreement for no feesrc
• Boards Northwestern University trustee for 42 years, 14 of them as Chairman; formerly a director of 1st National Bank of Chicago and the Tribune Company; chaired Chicago's 2016 Olympic bidsrc
• Giving The board weighed the Ryan family's charitable gifts to Northwestern when judging a director's independence (Dr. Cornelli teaches at Kellogg) and found no impairmentsrc
• Legal Aon, as one of the brokers investigated by the New York Attorney General over contingent commissions, agreed to $190m of restitution in March 2005, while he was CEO; he gave up the CEO role in 2005. The search summaries do not say he was personally chargedsrc