Argo Group International Holdings, a specialty insurance underwriter, has appointed Chris Donahue as its new chief executive officer.
Donahue, who joined the company as chief financial officer in 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."
Alongside Donahue’s promotion, Argo named David Chan as chief financial officer. Chan, previously the company’s chief accounting officer since 2022, has held senior positions at AmTrust Financial Services, Moody’s Investor Services and PwC.
The leadership shakeup is part of Argo’s broader strategy to streamline operations and strengthen its position in the U.S. specialty insurance market. The company has been undergoing significant restructuring in recent years, shedding non-core international business to focus on domestic growth.
In August 2021, Argo appointed Susan Comparato as chief administrative officer, tasking her with oversight of legal, compliance, and regulatory matters.
More recently, in January 2025, the company named Stephen Perrella as chief claims officer. Perrella, formerly with Vantage Risk Companies and Aspen Insurance Group, now leads Argo’s claims strategy amid evolving market conditions.
The leadership transition comes 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 said. "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.
