AJG - Arthur J. Gallagher & Co.

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: 45,112

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. J. Patrick Gallagher Jr.	Chairman, Pres & CEO	9.39M	5.47M	1952
Mr. Douglas K. Howell CPA	Corp. VP & CFO	4.1M	6.63M	1962
Mr. Walter D. Bay	Corp. VP, Gen. Counsel & Sec.	3.14M	2.31M	1963
Mr. Thomas Joseph Gallagher	Chief Exec. Officer of Brokerage Services	4.88M	3.96M	1959
Mr. Scott R. Hudson CPA	Pres & CEO of Risk Management Services	3.25M	6.62M	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	Corp. VP & 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, 2022 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 and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to businesses and organizations worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages 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 services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and not-for-profit entities, as well as underwriting enterprises. The company was founded in 1927 and is headquartered in Rolling Meadows, Illinois.

Corporate Governance

Arthur J. Gallagher & Co.’s ISS Governance QualityScore as of June 1, 2023 is 6. The pillar scores are Audit: 3; Board: 9; Shareholder Rights: 5; Compensation: 7.

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.