Portage Mutual CEO to retire, successor appointed 

Portage Mutual Insurance president and CEO Wayne Wyborn will retire on June 30, 2026. 

He will be succeeded by Cara Cameron, Portage Mutual’s current chief strategy officer, effective July 1, 2026.  

Wyborn has served as president and CEO since 2023. He ends his career after 39 years with Portage Mutual. His accomplishments include overseeing significant growth in Portage’s written premiums, expanding the leadership team, reducing the company’s dependence on reinsurance, and strengthening its overall financial position, according to a company press release.  

“Wayne is the consummate servant leader, viewing leadership as an opportunity to serve others, to share power and drive engagement, and to measure success through growth and development,” says Brent Gilbert, Portage Mutual’s board chair. “His commitment to modernizing the company’s culture and empowering the executive leadership team has well-positioned Portage Mutual for continued success. The board thanks him for 39 years of outstanding contributions to Portage Mutual.” 

His successor Cameron has more than two decades of experience in the industry. She joined Portage Mutual in 2021 as chief future of work. She was appointed chief strategy officer in 2024.  

Cameron’s notable contributions include her development and execution of the company’s business strategies, Portage says in a release.  

“I’m honored to step into the role of CEO and continue building on the strong foundation this organization has established. The insurance industry has always inspired me with its unique ability to provide security, stability, and peace of mind to the communities we serve,” she says. 

“From the moment that Cara joined the company, the board recognized her leadership talent,” Gilbert adds. “Following a rigorous CEO succession planning process, it became clear to the board that she is the right individual to lead Portage Mutual into the future.”