Argo Group Names Chris Donahue as CEO, Announces New CFO
Argo Group International Holdings, a specialty insurance underwriter, has announced the appointment of Chris Donahue as its new chief executive officer. Donahue, who previously served as the company’s chief financial officer since November 2023, replaces Jessica Buss, who has led Argo since the same time.
“Chris has been integral to the transformation of Argo into a U.S.-focused specialty property and casualty company,” said Jonathan Bayer, chair of Argo’s board of directors. “Argo has a focused strategy for its products and partners and is well positioned for future growth as Chris and the executive team continue to lead Argo.”
Along with Donahue’s promotion, Argo also named David Chan as chief financial officer. Chan has held senior positions at AmTrust Financial Services, Moody’s Investor Services, and PwC, and was previously the company’s chief accounting officer since 2022.
Ongoing Leadership Changes and Strategic Focus
The leadership change is part of Argo’s broader strategy to streamline operations and strengthen its position in the U.S. specialty insurance market. In recent years, the company has been undergoing significant restructuring, including shedding non-core international business to focus on domestic growth.
In August 2021, Susan Comparato was appointed as chief administrative officer, overseeing legal, compliance, and regulatory matters. More recently, in January 2025, Stephen Perrella was named chief claims officer, leading Argo’s claims strategy in the face of evolving market conditions.
Industry and Market Outlook
The leadership transition takes place as Argo adapts to shifting industry dynamics, including regulatory changes, rising litigation costs, and evolving risks in the specialty insurance sector. With Donahue at the helm, the company is expected to continue refining its underwriting approach while seeking growth opportunities in niche markets.
“We greatly appreciate Jessica’s leadership through Argo’s transformation and her many valuable contributions,” Bayer commented. “We wish her all the best in her next pursuit.”
As Argo moves forward under new leadership, the company’s strategic focus remains on expanding its specialty offerings while maintaining financial discipline in a competitive market.
