Brown & Brown, Inc. Announces Senior Leader Appointment
June 15 2017 - 6:50AM
Brown & Brown, Inc. (NYSE:BRO) today announced the appointment
of Vaughn Stoll to the Senior Leadership Team for the
Company.
Powell Brown remarked, "We are pleased to announce
Vaughn Stoll’s appointment to the Senior Leadership Team for Brown
& Brown. With his background and experience in several
operational roles as well as a Certified Public Accountant, Vaughn
has provided leadership in a number of key areas for our
organization, from financial accounting to acquisitions to internal
operations. Vaughn embodies the cultural vision for our
organization which recognizes and rewards skill and contribution to
the Brown & Brown team. As he continues to focus on
growing our business through acquisitions, his input on the Senior
Leadership Team will be welcomed by the entire company."
Mr. Stoll has been a teammate at Brown & Brown
for eight years. He serves as Director of Acquisitions and
Internal Operations and is also a Senior Vice President for the
Company. Prior to joining Brown & Brown, Mr. Stoll held
positions as a Chief Financial Officer of a small public company
and an associate with a national accounting firm. He is based
in Brown & Brown’s corporate headquarters in Daytona Beach,
Florida.
Brown & Brown, Inc., through its subsidiaries,
offers a broad range of insurance products and services, as well as
risk management, third-party administration, managed health care,
and Medicare set-aside services and programs. Providing service to
business, public entity, individual, trade and professional
association clients nationwide, the Company is ranked by Business
Insurance magazine as the United States' sixth largest independent
insurance intermediary. The Company's Web address is
www.bbinsurance.com.
This press release may contain certain statements
relating to future results which are forward-looking statements.
These statements are not historical facts, but instead represent
only the Company's current belief regarding future events, many of
which, by their nature, are inherently uncertain and outside of the
Company's control. Further information concerning the Company and
its business, including factors that potentially could materially
affect the Company's financial results and condition, as well as
its other achievements, are contained in the Company's filings with
the Securities and Exchange Commission. Some factors include:
fluctuations in our stock's market price; fluctuations in operating
results and cash flows; general economic conditions around the
country; downward commercial property and casualty premium
pressures; the effects of legislative and regulatory changes
pertaining to the insurance industry, including those relating to
coastal property coverages; the competitive environment; and the
integration of the Company's operations with those of businesses or
assets the Company has acquired or may acquire in the future and
the failure to realize the expected benefits of such integration.
All forward-looking statements made herein are made only as of the
date of this release, and the Company does not undertake any
obligation to publicly update or correct any forward-looking
statements to reflect events or circumstances that subsequently
occur or of which the Company hereafter becomes aware.
R. Andrew Watts
Chief Financial Officer
(386) 239-5770
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