USAA Appoints Juan C. Andrade as President and Chief Executive Officer
Juan C. Andrade, President & CEO, USAA | Effective April 2, 2025・ Photo Credit: USAA
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SAN ANTONIO, January 8, 2025 (VSNewsNetwork.com) — Financial services company USAA has announced the appointment of Juan C. Andrade as its next President and Chief Executive Officer, effective April 2, 2025. Andrade has served on USAA’s Board of Directors for the past four years, contributing to committees focused on members, risk, financials, and technology.
Andrade has nearly 40 years of leadership experience in public service and the financial services sector. Most recently, he served as President and CEO of Everest Group, Ltd., where he oversaw global diversification efforts and operational initiatives aimed at improving profitability. Prior to that, he held executive positions at Chubb, The Hartford, and Progressive, managing domestic and international operations. Early in his career, Andrade worked in the U.S. Federal Government, including roles within the Office of the Secretary of Defense, the Drug Enforcement Administration, and the White House Office of National Drug Control Policy. He received the Secretary of Defense Medal for Meritorious Civilian Service for his work in countering international drug trafficking.
“USAA is a special association, and the board took great care to find someone with the right expertise, vision, and leadership. Juan has a deep respect for our men and women in uniform, having served alongside them to help safeguard our national security. We know he will continue his track record of building high-performing teams and enhance USAA’s legacy of service,” said USAA Board Chair Vice Admiral (USN, Ret.) Jim Zortman.
“I’m excited to build upon USAA’s legacy and continue innovating to add value to our members’ experiences and help more military families achieve financial security. I admire the association’s dedication to the military community and their families. Witnessing firsthand the outstanding service the team provides to our courageous service men and women, I am honored to lead USAA in its second century of service,” said Andrade.
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Andrade succeeds Wayne Peacock, who announced his retirement in August 2024 after serving as USAA’s CEO since 2020.
USAA, established in 1922, provides insurance, banking, and retirement solutions to nearly 14 million members of the U.S. military, veterans, and their families. For more information, visit www.usaa.com.
Source: USAA
