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"I applaud what the company has achieved and deeply appreciate its values and focused commitment to the P&C insurance industry. I'm excited for the opportunity to work with Marcus and the entire team and to play my part in the company's future success." Rosenbaum said in a statement. (Photo: Courtesy of Guidewire) “I applaud what the company has achieved and deeply appreciate its values and focused commitment to the P&C insurance industry. I’m excited for the opportunity to work with Marcus and the entire team and to play my part in the company’s future success.” Rosenbaum said in a statement. (Photo: Courtesy of Guidewire)

Guidewire Software Inc. appointed Mike Rosenbaum as CEO and to the board of directors. Former CEO Marcus Ryu has transitioned to become chairman of Guidewire’s board of directors, while former chairman Peter Gassner will continue to serve as an independent director.

“We thank Marcus for co-founding and serving Guidewire since 2001 and welcome him into his new role as chairman,” Gassner said in a statement. “We’re very excited to have Mike on board as CEO. His leadership and cloud experience will be instrumental as we look toward our next chapter of growth.”

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

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