Sedgwick names Kalani Reelitz as new chief financial officer

Move follows recent investments and a wave of leadership changes

Sedgwick names Kalani Reelitz as new chief financial officer

Insurance News

By Kenneth Araullo

Sedgwick has appointed Kalani Reelitz (pictured above) as its new chief financial officer, the company announced.

Reelitz will oversee all aspects of Sedgwick’s financial strategy and operations, including planning, reporting, capital structure, risk management, procurement, and real estate.

Reelitz succeeds Henry Lyons, who has served as CFO since 2015 and is set to retire later this year. Lyons spent a decade building Sedgwick’s finance team and focused on supporting long-term value creation across the organization.

With over 20 years of experience, Reelitz has held leadership roles in global operations, talent development, and financial management for multinational teams. His background includes leading financial operations at public companies, working within the private equity sector, and managing mergers and acquisitions as well as B2B services.

Before joining Sedgwick, Reelitz was CFO at Compass, where he led efforts that contributed to record profitability and operational improvements. He managed accounting and finance functions and, since November 2023, served as the company’s de facto chief operating officer, overseeing operations for a team that supported 250,000 transactions per day at the largest realtor in the United States by volume.

Reelitz’s previous experience also includes positions at Cushman & Wakefield and Walgreens.

“Kalani brings to Sedgwick a perfect blend of strategic vision, operational rigor, and people-centered leadership which will position him to thrive here,” said Michael Arbour, CEO of Sedgwick. “As we enter this new era, we will miss Henry and celebrate his contributions, while looking forward to the substantial impact Kalani will have on our organization.”

Sedgwick’s leadership changes are part of a broader strategy to strengthen its presence in key markets. In Canada, the company recently named Kumar Siva as chief operating officer.

The company has also expanded its leadership in Canada’s sales division, appointing Sean Hobson as senior vice president of national sales. Hobson, who has more than 25 years of experience in insurance, risk, and property restoration, will focus on supporting Sedgwick’s major and complex loss division and broader claims management services.

Sedgwick’s growth strategy has also attracted significant investment. Private equity firm Altas Partners recently invested in Sedgwick, valuing the company at approximately US$13.2 billion.

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