JERICHO,
N.Y., March 17, 2025 /PRNewswire/ -- Global
consulting firm J.S. Held announces that Chief Executive Officer
(CEO) Jonathon (Jon) Held intends to
step down as Chief Executive Officer. J.S. Held President and
Chief Operating Officer (COO) Lee
Spirer will succeed Jon Held
as President and CEO. Jon Held will
become Executive Chairman of the Board of Directors. As part of a
planned succession, the leadership transition will take effect at
the start of the second quarter of 2025.
Jonathon
Held transitions to Executive Chairman as Lee Spirer assumes role of Chief Executive
Officer for J.S. Held.
In his new role as Executive Chairman, Jon Held will continue to provide strategic
guidance, ensuring the company optimizes value creation for
continued growth. In addition, Jon will increase his client-facing
role, providing strategic advisory and dispute resolution
consulting, largely focused within the insurance
industry.
Since assuming the role of Chief Executive in 1985, Jon has
overseen the growth of J.S. Held, from a small regional firm to an
internationally recognized global consulting company with more than
1500 professionals operating on six continents. Steve Dutton, Partner at Kelso & Company,
J.S. Held's private equity partner, commenting on the executive
transition, shares, "Working collaboratively with Jon and the
executive team, Lee Spirer was
recruited to make Jon's decision to transition to the Executive
Chairman role seamlessly come to fruition."
"Lee Spirer's extensive
experience and proven ability to drive strategy focused on
financial results and operational excellence positions Lee as the
ideal chief executive to lead our team through our next phase of
growth," observed Jon Held. "As we
enter our sixth decade of service to our clients, I am excited
about this new period of growth for J.S. Held and I look forward to
partnering with Lee to advance our mission and vision for the
company in support of all J.S. Held stakeholders – our team
members, clients, and investors."
Lee Spirer is a transformational
leader with extensive experience creating value for investors in
human capital-intensive businesses by focusing on developing
innovative, high-impact services for clients and building platforms
that attract world-class professionals to maximize their career
success. Over his 30-year career, Lee
Spirer has been known for keen strategic insight tightly
tied to successful plan execution, developing teams, tapping into
innovation, and leveraging technology. His teams have balanced
organic and acquisition-based growth strategies while driving
operational performance. He has operated in public and private
companies, acquired and sold businesses, guided a company through
an IPO, and interacted with a wide range of investors and
boards.
"J.S. Held's mission for the last 50 years has been to serve as
trusted, expert advisors to organizations around the world and to
support the continued professional growth of our people," said
Jonathon Held, who added, "Today, we
reaffirm that commitment at the highest level of our organization
for the benefit of clients and our more than 1500 scientific,
technical, financial, and risk experts around the world."
Lee Spirer, commenting on his
transition to President and CEO, shares, "Jon has led this company
to an enviable position in its core markets. He has been a
tremendous partner and has opted to apply his time to the highest
value activity -- focusing on his unique abilities in advising our
insurance clients. I consider myself fortunate and seek to build on
this platform, evolving J.S. Held for the future, leading a
talented team."
About J.S. Held
J.S. Held is a global consulting firm that combines technical,
scientific, financial, and strategic expertise to advise clients
seeking to realize value and mitigate risk. Our professionals serve
as trusted advisors to organizations facing high stakes matters
demanding urgent attention, staunch integrity, proven experience,
clear-cut analysis, and an understanding of both tangible and
intangible assets. The firm provides a comprehensive suite of
services, products, and data that enable clients to navigate
complex, contentious, and often catastrophic situations.
More than 1,500 professionals serve organizations across six
continents, including 81% of the Global 200 Law Firms, 70% of the
Forbes Top 20 Insurance Companies (85% of the NAIC top 50 Property
& Casualty Insurers), and 65% of the Fortune 100 Companies.
J.S. Held, its affiliates and subsidiaries are not certified
public accounting firm(s) and do not provide audit, attest, or any
other public accounting services. J.S. Held, its affiliates and
subsidiaries are not law firms and do not provide legal advice.
Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a
part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment
Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights
reserved.
Contact
Kristi L. Stathis | Global Public
Relations | +1 786 833 4864 | Kristi.Stathis@jsheld.com
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SOURCE J.S. Held
