Arthur J. Gallagher & Co. (AJG)

193.96 -2.02 (-1.03%) At close: 04:03PM EST

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
Industry: Insurance Brokers
Full Time Employees: 39,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. J. Patrick Gallagher Jr.	Chairman, Pres & CEO	8.37M	N/A	1952
Mr. Douglas K. Howell CPA	Corp. VP & CFO	4.12M	93.34k	1962
Mr. Walter D. Bay	Corp. VP, Gen. Counsel & Sec.	3.26M	N/A	1963
Mr. Thomas Joseph Gallagher	Chief Exec. Officer of Brokerage Services	4.93M	2.05M	1959
Mr. Scott R. Hudson CPA	Pres & CEO of Risk Management Services	2.71M	1.66M	1962
Mr. David R. Long	VP	N/A	N/A	1952
Mr. Richard C. Cary	Chief Accounting Officer & Controller	N/A	N/A	1963
Mr. Mark H. Bloom	Global Chief Information Officer	N/A	N/A	1964
Mr. Raymond Iardella	VP of Investor Relations	N/A	N/A	N/A
Ms. Linda J. Collins	VP of Corp. Communications	N/A	N/A	N/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.