Surrounded by a few of San Antonio’s most outstanding figures within the Centre Membership on the Weston Centre, USAA’s outgoing President and CEO Wayne Peacock each symbolically and actually handed the mic to his successor, Juan Andrade.
Peacock, who turned USAA’s first civilian CEO in 2020, introduced in August he would step down after 5 years within the position and 36 years with the corporate. On Thursday, he tearfully thanked those that got here to bid him farewell — together with Mayor Ron Nirenberg, Bexar County Decide Peter Sakai, H-E-B’s Craig Boyan, San Antonio Meals Financial institution’s Eric Cooper, former mayor Henry Cisneros, and his USAA predecessor Ed Kelley — expressing deep gratitude for his or her help and shared recollections.
“There are such a lot of folks right here which have formed my profession, however there are additionally so many individuals right here who’ve helped to form San Antonio,” he mentioned. “You’ve made it significant for me and [my wife] Ginny, you’ve made it fulfilling, and also you’ve actually made it an unforgettable trip as a part of the USAA staff.”
To shut his remarks, Peacock expressed his full religion in Andrade, saying he feels assured that Andrade would lead USAA to even higher success and proceed its dedication to serving navy households.
Andrade was introduced as Peacock’s successor in January. He joins USAA from Everest Group, Ltd., a Delaware-based supplier of reinsurance and insurance coverage, the place he served as president and CEO since Jan. 1, 2020. Having served on USAA’s board for the previous 4 years, he brings almost 4 a long time of expertise in each the private and non-private sectors with him.
He steps into the position at a pivotal time for the corporate amid two rounds of layoffs final yr and different main shifts for the 102-year-old monetary providers agency.
Set to formally take over as the pinnacle of the corporate on Wednesday, Andrade mentioned he’s trying ahead to the chance to construct on the corporate’s legacy, strengthen its mission and proceed serving navy households with dedication and innovation.
“I sit up for working with you to strengthen USAA’s impression on this metropolis, and to make sure that collectively, we proceed to make this metropolis the perfect place in America for navy households to stay, work and serve,” he mentioned.
