Adler brings a career history that includes early experience at Deloitte to the specialty insurer. His appointment arrives as the company prepares to shift its financial oversight following the expiration of Patel’s tenure.
In section Market Quotes
Ategrity Speciality Insurance Appoints Neil Adler as CFO
Neil Adler, a veteran financial executive who previously led the finance departments at Zimmer Financial Services Group and Zimmer Partners, has been named the new chief financial officer of Ategrity Speciality Insurance. He succeeds Neelam Patel, whose employment contract the firm chose not to renew this week.
The firm also signaled positive momentum for the second quarter, which concluded on June 30. Ategrity projects earnings of 60 cents a share, a performance that comfortably outpaces the 47-cent forecast currently held by analysts polled by FactSet. Investors reacted to the leadership transition and the earnings outlook with cautious optimism, pushing shares up 1.3% to $24.30 in premarket trading.
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