Arthur J. Gallagher & Co. appoints New Director

Rhea-AI Summary

Arthur J. Gallagher & Co. (AJG) has appointed Richard Harries to its Board of Directors. Harries brings over 35 years of insurance industry experience in the UK and other highly regulated markets. He has a strong background in growing businesses as an operational leader, having held key positions such as CEO, director, chief underwriting officer, and energy underwriter at Atrium Underwriters . Harries also has experience from Willis Faber & Dumas, where he held senior roles in the energy sector.

J. Patrick Gallagher, Jr., Chairman and CEO, expressed confidence that Harries' deep insurance and technology experience will add a unique and valuable perspective to the board. The appointment is expected to play a important role in Gallagher's growth strategy, helping to expand its client base and deliver results.

Positive

• Appointment of Richard Harries brings 35+ years of insurance industry experience to the board
• Harries' expertise in growing businesses as an operational leader could benefit AJG's expansion strategies
• The new director's experience in highly regulated markets may enhance AJG's compliance and risk management

Negative

• None.

ROLLING MEADOWS, Ill., July 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the appointment of Richard Harries to the company's Board of Directors.

Mr. Harries has more than 35 years of insurance industry experience in the UK and other highly regulated markets and has experience growing businesses as an operational leader. Most recently, he has held roles as chief executive officer and director, chief underwriting officer and energy underwriter at Atrium Underwriters Limited. Additionally, Mr. Harries previously worked for Willis Faber & Dumas where he held senior roles in the energy sector.

"We are pleased to have Richard Harries join our Board of Directors," said J. Patrick Gallagher, Jr., Chairman and CEO. "Richard brings deep insurance and technology experience to Gallagher, and he will add a unique and valuable perspective to our Board. He will play an important role as we continue to grow our client base, distinguish Gallagher and deliver results."

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.  Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants. 

Investors: Ray Iardella	Media: Kelli Murray
VP – Investor Relations	Sr. Director Global Media Relations
630-285-3661 / ray_iardella@ajg.com	(847)-273-3896 / Kelli_Murray@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

Who is the new director appointed to Arthur J. Gallagher & Co.'s (AJG) board?

Richard Harries has been appointed as the new director to Arthur J. Gallagher & Co.'s (AJG) board of directors.

What is Richard Harries' background in the insurance industry?

Richard Harries has over 35 years of experience in the insurance industry, particularly in the UK and other highly regulated markets. He has held roles such as CEO, director, chief underwriting officer, and energy underwriter at Atrium Underwriters , and senior roles in the energy sector at Willis Faber & Dumas.

How might Richard Harries' appointment benefit Arthur J. Gallagher & Co. (AJG)?

Richard Harries' appointment is expected to bring deep insurance and technology experience to AJG, adding a unique perspective to the board. His expertise could help in growing the company's client base, distinguishing Gallagher in the market, and delivering improved results.

When was Richard Harries appointed to Arthur J. Gallagher & Co.'s (AJG) board?

Richard Harries was appointed to Arthur J. Gallagher & Co.'s (AJG) board of directors on July 24, 2024, as announced in the press release.