Trean Insurance Group Promotes Julie Baron to President and Chief Operating Officer and Nicholas Vassallo to Chief Financial ...
June 14 2021 - 4:15PM
Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of
products and services to the specialty insurance market, announced
today that it is promoting Chief Financial Officer Julie Baron to
the new position of President and Chief Operating Officer, and
Chief Accounting Officer Nicholas Vassallo to Chief Financial
Officer, effective June 23, 2021.
“We are excited to promote both Julie and Nick,
who have contributed greatly to our ongoing success and will be
well-positioned as we move ahead to add incremental value in their
new roles and responsibilities,” stated Andrew M. O’Brien, Chief
Executive Officer of Trean. “Julie has proven her strong
understanding of all aspects of the insurance industry and her
leadership abilities over many years with Trean. As President and
COO, she will be able to devote her time completely toward
executing on our multiple growth opportunities and long-term
strategic objectives.”
Ms. Baron has served as Trean’s CFO since 2015
and Treasurer and Secretary since 2020. Prior to becoming CFO, Ms.
Baron served as the Controller for Benchmark, Trean’s wholly-owned
subsidiary. Prior to joining Trean, Ms. Baron was Controller for a
mortgage broker and title company in the Twin Cities. Ms. Baron
holds a B.S. in Accounting from Arizona State University and is a
Certified Public Accountant (inactive).
“Since joining Trean, Nick has been instrumental
in developing our finance and accounting teams, as well as ensuring
the financial stability of our balance sheet and portfolio,” added
Mr. O’Brien. “We are confident that Nick will seamlessly transition
into the CFO role and continue to be a truly effective leader for
our finance team.”
Mr. Vassallo has served as Chief Accounting
Officer since 2020. Prior to joining Trean, Mr. Vassallo served in
multiple roles for iMedia Brands, Inc., including Chief Accounting
Officer and Senior Vice President – Corporate Controller. Mr.
Vassallo began his career with Arthur Anderson LLP, where he spent
eight years in its audit practice group. Mr. Vassallo holds a B.S.
in Accounting from St. John’s University and is a Certified Public
Accountant (inactive).
About Trean Insurance Group,
Inc. Trean Insurance Group, Inc. (NASDAQ: TIG) provides
products and services to the specialty insurance market. Trean
underwrites specialty casualty insurance products both through its
program partners and its own managing general agencies. Trean also
provides its program partners with a variety of services including
issuing carrier services, claims administration and reinsurance
brokerage. Trean is licensed to write business across 49 states and
the District of Columbia. For more information, please visit
www.trean.com.
Contacts
Investor Relations investor.relations@trean.com
(952) 974-2260
Source: Trean Insurance Group, Inc.
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