Brown & Brown ( (BRO) ) has shared an announcement.
Brown & Brown, Inc. announced the appointment of Stephen P. Hearn as Executive Vice President and Chief Operating Officer, effective March 3, 2025. Hearn, who resigned from the company’s board on February 23, 2025, brings extensive experience from his previous roles at The Ardonagh Group and other notable firms. His compensation package includes a significant annual salary, cash incentives, and long-term equity incentives. Additionally, the company has set performance-based cash incentives for 2025 for its executive officers, focusing on organic revenue growth, adjusted EBITDAC margin, and personal objectives.
More about Brown & Brown
YTD Price Performance: 10.53%
Average Trading Volume: 1,424,280
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $32.2B
See more data about BRO stock on TipRanks’ Stock Analysis page.