TAMPA, Fla., Dec. 21, 2021 /PRNewswire/ -- BRP Group,
Inc. ("BRP Group") (NASDAQ: BRP) today announced the
appointments of Sunita Parasuraman,
Ellyn J. Shook, Myron K. Williams, and Kristopher A. Wiebeck to its Board of Directors,
effective January 1, 2022.
The appointments of Ms. Parasuraman, Ms. Shook, Mr. Williams,
and Mr. Wiebeck expand the size of BRP Group's Board of Directors
from seven to eleven members, and the following changes will be
made to the Committees of the Board of Directors:
- Ms. Parasuraman is being appointed to the Audit Committee,
along with current member of the Board of Directors, Barbara Matas.
- Current member of the Board of Directors, Joseph Kadow, will step down from the Audit
Committee but continue to serve as a member of the Board of
Directors and Nominating and Corporate Governance Committee and as
Chair of the Compensation Committee.
- Ms. Shook is being appointed to the Compensation
Committee.
- Mr. Williams is being appointed to the Nominating and Corporate
Governance Committee.
- Mr. Wiebeck is being appointed to the Executive Committee.
"We are privileged and ecstatic to have Sunita, Myron, Ellyn,
and Kris join our Board of Directors," said Lowry Baldwin, Chairman
of the Board. "They individually and collectively represent the
addition of new perspectives, unique life experiences,
assiduously-honed business and professional acumen, and personal
excellence that aligns closely with our Azimuth and further
complements and accentuates the deep experience and varied
complexion of our Board of Directors. Their mastery, individual
passion, and curated insights will be invaluable in continuing to
make our Board of Directors a powerful determinant in the execution
and sustainable success of our quest to be the transcendent
insurance and risk management brand."
Trevor Baldwin, Chief Executive
Officer and Director, said "The addition of Sunita, Myron, Ellyn,
and Kris to our Board of Directors exemplifies our continued
commitment to attracting exceptional talent to our business with a
diverse range of experiences and skill sets that will contribute to
our mission of building the leading insurance consulting and
distribution platform of the future."
Ms. Parasuraman currently serves as the Head of Investments, New
Product Experimentation at Meta (Facebook), focused on investing in
early-stage startups. Prior to that, she served as Facebook's
Global Head of Treasury and as Head of Treasury for Facebook's
blockchain initiative. She serves on the board and on the
finance, governance, and nomination committees of the IIT Bombay
Heritage Foundation. Ms. Parasuraman holds a bachelor's degree in
Engineering from the Indian Institute of
Technology (IIT), Bombay, a
master's degree in Engineering from the University of Pennsylvania, and an M.B.A. from the
University of California, Berkeley's
Haas School of Business.
Ms. Shook currently serves as the Chief Leadership and Human
Resources Officer for Accenture, a global professional services
company. She is focused on helping the 674,000 people of Accenture
succeed both professionally and personally. Prior to that, Ms.
Shook held Chief Human Resources and Global Human Resources roles
with Accenture. She is a member of the World Economic Forum's
Global Shaper Community Foundation Board, the Women's Leadership
Board of the Women and Public Policy program at Harvard's Kennedy
School, and serves on the board of directors for Paradigm
for Parity and the HR Policy Association. She also serves on the
executive committee of the Professional Roundtable of CHROs and is
active in both the NY Jobs CEO Council and HR50. Ms. Shook holds a
B.S. from Purdue University.
Mr. Williams previously served as the Sales Strategy and Sales
Operations President at United Parcel Service Inc. (UPS). In this
role, he oversaw data analytics, sales budget, sales compensation
and performance, CRM technology, business development, sales
strategy and training, process improvement, negotiations, and
executive presentations. Mr. Williams has extensive board
experience. He has served or serves on the following boards: the
MARCH (Mutual Alliance Restoring Community Hope Foundation)
Board; VisionX, a Machine Vision and Machine Learning AI
Company, as an Advisory Board Member; Atlanta Public Schools CTAE Board, as
Chairman; the Career Training Agricultural and Education Board; the
Business Administration & Economics Board at Morehouse College; the Albert W. Smith Scholarship
Committee Board; The Center for Advance Logistics Management Board
at Albany State University; and the 100
Black Men Board. Mr. Williams holds a B.B.A. from Albany State University in Albany, GA, and a M.B.A. from Florida Metropolitan University at Tampa
College.
Mr. Wiebeck currently serves as Chief Strategy Officer at BRP
Group, focused on strategic initiatives across the organization. He
was appointed to Chief Strategy Officer from Chief Financial
Officer at BRP Group. At various times over his tenure at BRP
Group, Mr. Wiebeck has led the finance, accounting, legal, and
Partnership functions of the organization, playing an integral role
in the firm's success since he joined in 2015. Prior to that, Mr.
Wiebeck served as Senior Vice President at MMA Capital Management
after beginning his career in the Advisory Services practice of
PricewaterhouseCoopers. Mr. Wiebeck holds a bachelor's and master's
degree in Accounting from the University of
Florida. While at the University of
Florida, he was an All-American student-athlete and graduate
of the Honors Program.
ABOUT BRP GROUP, INC.
BRP Group, Inc. (NASDAQ: BRP) is
an independent insurance distribution firm delivering tailored
insurance and risk management insights and solutions that give our
clients the peace of mind to pursue their purpose, passion and
dreams. We are innovating the industry by taking a holistic and
tailored approach to risk management, insurance and employee
benefits, and support our Clients, Colleagues, Insurance Company
Partners and communities through the deployment of vanguard
resources and capital to drive our growth. BRP Group represents
over 700,000 clients across the United
States and internationally. For more information, please
visit www.baldwinriskpartners.com.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press
release may contain various "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
which represent BRP Group's expectations or beliefs concerning
future events. Forward-looking statements are statements other than
historical facts and may include statements that address future
operating, financial or business performance or BRP Group's
strategies or expectations. In some cases, you can identify these
statements by forward-looking words such as "may", "might", "will",
"should", "expects", "plans", "anticipates", "believes",
"estimates", "predicts", "projects", "potential", "outlook" or
"continue", or the negative of these terms or other comparable
terminology. Forward-looking statements are based on management's
current expectations and beliefs and involve significant risks and
uncertainties that could cause actual results, developments and
business decisions to differ materially from those contemplated by
these statements.
Factors that could cause actual results or performance to differ
from the expectations expressed or implied in such forward-looking
statements include, but are not limited to, those described under
the caption "Risk Factors" in BRP Group's Annual Report on Form
10-K for the year ended December 31,
2020 and in BRP Group's other filings with the SEC, which
are available free of charge on the Securities and Exchange
Commission's website at: www.sec.gov, including those risks and
other factors relevant to BRP Group's business, financial condition
and results of operations of BRP Group and factors related to the
potential effects of the COVID-19 pandemic on BRP Group's business,
financial condition and results of operations. Should one or more
of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those indicated. All forward-looking statements and all
subsequent written and oral forward-looking statements attributable
to BRP Group or to persons acting on behalf of BRP Group are
expressly qualified in their entirety by reference to these risks
and uncertainties. You should not place undue reliance on
forward-looking statements. Forward-looking statements speak only
as of the date they are made, and BRP Group does not undertake any
obligation to update them in light of new information, future
developments or otherwise, except as may be required under
applicable law.
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SOURCE BRP Group, Inc.