Everest Group (NYSE:EG) said Wednesday that Juan C. Andrade, who has served as President and CEO since 2020, has stepped down from his role to pursue a new position as CEO of a financial services firm.

The USAA Board of Directors announced the appointment of Juan C. Andrade as its next president and CEO, effective April 2.

Juan C. Andrade has been named president and CEO of USAA, succeeding Wayne Peacock after his five-year tenure. Andrade, with decades of industry and public service experience, will lead the company through ongoing organisational restructuring and focus on serving military families,