RVI Group announced that co-CEO Mike McGroarty will retire and co-CEO Dan Egan will become sole CEO, effective March 31, 2026.
McGroarty’s retirement concludes a career spanning leadership, law and business operations. He will remain involved as a nonexecutive member of the board of directors.
“Mike’s strong leadership, sound judgment, and deep institutional knowledge have been invaluable to RVI,” Micky Hervitz, chairman of the RVI board of directors, said. “He has been a trusted partner to employees, clients, and other stakeholders, and his impact on the company will be felt for years to come. We are pleased that Mike will serve as a non-executive member of the Board of Directors going forward.”
“Serving as Co-CEO of RVI Group alongside Dan has been an honor,” McGroarty said. “I am proud of what we have built together and grateful to have worked with such a talented and dedicated team. I look forward to seeing RVI continue to grow and succeed under Dan’s leadership in the years ahead.”
Egan brings three decades of experience at RVI. Prior to becoming co-CEO in 2019, he led the growth of the commercial equipment business and served as chief risk officer.
“I am honored to continue leading RVI Group as CEO,” Egan said. “Mike and I have worked closely together for many years, and I am grateful for his leadership, partnership, and lasting contributions to the firm. I look forward to building on our strong foundation and continuing to deliver value to our stakeholders.”
“Dan has been an integral part of RVI Group for 30 years and has played a central role in shaping the company we are today,” Hervitz said. “His deep understanding of our business, our clients, and our people makes him exceptionally well-positioned to lead RVI into its next chapter.”
The company said there will be no changes to day-to-day operations, client service or organizational structure as a result of the leadership transition.
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