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Patriot National Replaces Mariano with Rearer as CEO

Staff Writer | July 14, 2017

Patriot National, a provider of technology and outsourcing solutions to the insurance industry, announces that its board of directors has accepted the resignation of founder, chairman of the board, president and CEO Steven M. Mariano and appointed John Rearer as CEO.

Mariano offered his resignation on July 10, and the board executed a separation agreement with Mariano on July 12. As the founder and majority shareholder, Mariano will serve in a consulting role where he will assist the company as reasonably requested by the board or the CEO and be available upon request to the special committee of independent directors to explore and review a range of strategic alternatives for the company.

“Steven Mariano has been the visionary behind Patriot National,” says Jack Del Pizzo, lead director. “We are grateful for his service and look forward to his continued guidance as we explore strategic alternatives.”

Rearer is a seasoned insurance executive with over 25 years of industry experience. He joined Patriot Underwriters in 2005 as vice president of underwriting and most recently served as CEO of Patriot Underwriters. Prior to joining Patriot, Rearer served as vice president of Preferred Employers Group, a managing general agency in Miami.

“I am honored by the Board’s confidence in me and the opportunity to lead Patriot National as chief executive officer,” says Rearer.

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