Diversified holding company Howard Hughes Holdings announced that former Arch Capital Group leaders Marc Grandisson and David Gansberg have been appointed executive chairman and chief executive officer (CEO), respectively, of Vantage Group Holdings.
Howard Hughes completed its $2.1 billion acquisition of specialty insurance and reinsurer Vantage in June 2026.
Back in April, the company welcomed former Arch Capital CEO Grandisson to its board of directors. Today, it was announced that Grandison will serve as executive chairman of Vantage, effective immediately.
Grandisson joined the founding team of Arch Capital in 2001 after starting his career working with insurance executives such as Berkshire Hathaway’s Ajit Jain and F&G Re’s Paul Ingrey. He served as Arch CEO from 2018 until his retirement in 2024. During his tenure as CEO, Arch’s total shareholder return was 298%, or 23.2% per year.
Gainsbourg will succeed Greg Hendrick, who has served as CEO of Vantage since co-founding the company in 2020, once his non-compete obligations expire in June 2027.
Like Grandisson, Gansberg joined Arch in 2001 and led the company’s global mortgage group as CEO from 2019 to 2024 before being named president of Arch Capital, responsible for its global insurance group.
Howard Hughes Executive Chairman Bill Ackman commented: “Marc and David are two of the most accomplished leaders in the industry and will lead Vantage into its next chapter.
“Greg laid the foundation for an exceptional specialty insurance and reinsurance business, and we are grateful for his leadership. Going forward, Marc’s deep underwriting and operational expertise and David’s proven track record of building profitable, durable insurance businesses position Vantage to expand into a large, highly profitable insurance company and become a durable source of long-term value for Howard Hughes and its shareholders for decades to come.”
Grandisson said: “When I joined the Howard Hughes board, I saw a company at an exciting inflection point, and since then my confidence in Vantage’s opportunity has only grown. Vantage is a preeminent, diversified insurance platform that offers tremendous opportunity, and I am honored to join the company as Executive Chairman.”
Hendrick added: “Building Vantage over the past six years has been the privilege of my career. We set out to build a specialty reinsurer that would look at risk differently, defined by talent, technology and a genuine curiosity about the world. I am proud of everyone who made this possible. With our recent sale to Howard Hughes, we are now closing our founding chapter and embarking on an extremely promising long-term future for the company. I am committed to Marc, David and Vantage.” The team builds a transition to greater success in the future.”
