REFILE-Exclusive: Lyra Recovery CEO Melito departs from breach restoration firm after one year

ReutersApr 15, 2025 4:29 PM

By Mia MacGregor, James Thaler

April 15 - (The Insurer) - Shawn Melito has left Chicago-based breach restoration firm Lyra Recovery after just over a year as CEO, sources familiar with the matter told Cyber Risk Insurer.

Melito began leading Lyra Technology Group’s business recovery practice in February 2024, following a four-month stint as managing director of insurance at the company.

Earlier in his career, he held roles at Cypfer, BreachQuest, Kivu Consulting, NPC, SCM Insurance Services and Kroll.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Azure Growth 40%, AI Revenue 37 Billion: Why Did Microsoft Shares Fall Instead of Rise?

TradingKey - On April 29 (ET), Microsoft (MSFT) released its Q3 FY2026 results after the bell. Both revenue and profit exceeded expectations, with Azure growth returning to 40% and annualized AI revenue surpassing $37 billion. Despite this, shares fell more than 3% in after-hours trading and ended t

Meta Platforms Q1 Net Profit Surged 61% Year-on-Year; Why Did Shares Sink Over 7% After Hours?

TradingKey - Meta Platforms released its Q1 2026 financial results after the U.S. market close on April 29. During the period, Meta Platforms reported revenue of $56.311 billion, up 33% year-on-year from $42.314 billion in the same period last year. Operating profit reached $33.439 billion, a 35% year-on-year increase, while the operating margin remained flat at 41%.

Amazon Q1 Earnings Deep Dive: AWS Revenue Growth Accelerates, AI Investment About to Enter Payoff Period, Stock Price May Rise to $300

TradingKey - Amazon achieved better-than-expected growth in its first-quarter results, driven by a re-acceleration in AWS revenue, the materialization of AI investments, and steady growth in its retail and advertising businesses.

AI Engines Roar at Full Power, Alphabet Cloud Business Grows 63%, Stock Surges 7% After Hours.

TradingKey - After the market close on Wednesday ET, Google parent Alphabet (GOOGL) (GOOG) reported its first-quarter earnings for 2026. Fully empowered by AI technology, the company saw accelerating growth across all business lines. Driven by stellar performance in its cloud business, both revenue and earnings for the period significantly exceeded market expectations. Following the announcement, the company’s shares rose by more than 7% in after-hours trading.

SanDisk Surges 8% as Earnings Countdown Begins - Here's What Every Investor Needs to Know

TradingKey - SanDisk(SNDK) is really on the move ahead of its earnings April 30th release, and the company's price action over the past few days is telling us there's something specific going on . It's currently up 8.11%, yesterday it jumped by 6.16%. A year ago it was hovering around the $28 mark,

Featured Tools