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Arthur J. Gallagher & Co. (AJG)

NYSE - NYSE Delayed Price. Currency in USD
193.96-2.02 (-1.03%)
At close: 04:03PM EST
194.50 +0.54 (+0.28%)
After hours: 06:13PM EST
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Arthur J. Gallagher & Co.

2850 Golf Road
Rolling Meadows, IL 60008-4050
United States
630 773 3800
https://www.ajg.com

Sector(s)Financial Services
IndustryInsurance Brokers
Full Time Employees39,000

Key Executives

NameTitlePayExercisedYear Born
Mr. J. Patrick Gallagher Jr.Chairman, Pres & CEO8.37MN/A1952
Mr. Douglas K. Howell CPACorp. VP & CFO4.12M93.34k1962
Mr. Walter D. BayCorp. VP, Gen. Counsel & Sec.3.26MN/A1963
Mr. Thomas Joseph GallagherChief Exec. Officer of Brokerage Services4.93M2.05M1959
Mr. Scott R. Hudson CPAPres & CEO of Risk Management Services2.71M1.66M1962
Mr. David R. LongVPN/AN/A1952
Mr. Richard C. CaryChief Accounting Officer & ControllerN/AN/A1963
Mr. Mark H. BloomGlobal Chief Information OfficerN/AN/A1964
Mr. Raymond IardellaVP of Investor RelationsN/AN/AN/A
Ms. Linda J. CollinsVP of Corp. CommunicationsN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, third-party claims settlement, and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. It operates through Brokerage and Risk Management segments. The Brokerage segment consists of retail and wholesale insurance brokerage operations; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverage's to underwriting enterprises. This segment also performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services to enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. It serves commercial, industrial, public, religious, and not-for-profit entities. The company was incorporated in 1927 and is headquartered in Rolling Meadows, Illinois.

Corporate Governance

Arthur J. Gallagher & Co.’s ISS Governance QualityScore as of October 1, 2022 is 4. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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