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Brown & Brown (BRO) has provided an update.
Brown & Brown, Inc. has appointed Stephen P. Hearn as a new board director, leveraging his extensive experience in the insurance industry. Hearn’s distinguished career includes leadership roles at The Ardonagh Group and its subsidiaries, Corant Global, BGC’s insurance brokerage division, and Willis Group Holdings. Additionally, he has held significant positions with other major insurance firms and currently chairs Placing Platform Limited. Hearn’s tenure on the board is set until the 2025 Annual Meeting, with plans to assign him to board committees in the future. His appointment is a strategic move for Brown & Brown, Inc., with no reported conflicts of interest.
For a thorough assessment of BRO stock, go to TipRanks’ Stock Analysis page.