BNET Industries

Market Cap:$2.2B
Last Fiscal Year Sales:$1.6B
  • Public
  • US
Dow Jones Description

Betting on Arthur Gallagher is no risk. Founded in 1927 and headquartered in Itasca, IL, Arthur J. Gallagher & Co. (NYSE: AJG) is an insurance and risk management firm. The company operates in three segments: Brokerage, Risk Management, and Financial Services. It offers employee benefits management, reinsurance, and coverage on property, casualty, and surplus lines. Its subsidiaries include Gallagher Basset Services, Gallagher UK, and Gallagher Benefit Administrators. The company has annual revenue of about $1.4 billion and employs about 8,300 people. In 2005, the company was again recognized as one of Forbes magazine's Platinum 400 Best Big Companies in America.

President & CEO Americas, Barry Callebaut North America
David S Johnson
Number of Employees 9,900
Contact Information

The Gallagher Centre

Two Pierce Place

Itasca, Illinois 60143-3141

ajg.com

(630) 773-3800

NAICS Code Insurance Agencies and Brokerages: 524210

Recent Events

  • Aon Q3 Profit Up; Adj. EPS From Cont. Ops Misses Estimate - Update

    10/30/09 - Financial Announcement - View Story

  • Arthur J Gallagher Q3 Profit Rises On Top Line Growth; To Cut 400 Jobs

    10/27/09 - Merger / Acquisition - View Story

  • Arthur J. Gallagher & Co. Announces Third Quarter 2009 Earnings Release and Conference Call Dates

    10/05/09 - Financial Announcement - View Story

  • Gallagher Buys New England Offices From Gresham & Associates

    7/31/09 - Merger / Acquisition - View Story

  • Arthur J. Gallagher & Co. Announces Executive Retirement

    7/14/09 - Mgmt. Change Leaving - President - View Story

  • Arthur J. Gallagher & Co. Announces Second Quarter 2009 Earnings Release and Conference Call Dates

    7/01/09 - Financial Announcement - View Story

  • BRIEF: Chicago company acquires Walker Taylor insurance agency

    6/11/09 - Merger / Acquisition - View Story

News & Analysis

arthur j. gallagher & co. - All News and Analysis

Decision Makers

Name (plus bio) Position
David S Johnson President & CEO Americas, Barry Callebaut North America
T. Kimball Brooker President, Barbara Oil Company (Investments)
Douglas K. Howell CFO & Vice President
Gary Lashmar Chief Operating Officer
Gary P. Coughlan CFO & Senior Vice President
James S. Gault Corporate Vice President, President and Chief Operating Officer, Brokerage Services Retail Division
Keith Barton Chief Financial Officer
Richard C. Cary Chief Accounting Officer & Controller
Susan E. McGrath Corporate Vice President and Chief Human Resources Officer
David E. McGurn President, Specialty Marketing & Intl Division & Executive Vice President
James W. Durkin President, Gallagher Benefit Services, Inc & Executive Vice President
John C. Rosengren General Counsel, Executive Vice President & Secretary
Angelo M. Nardi Vice President
Craig M. Van der Voort Vice President
David M. Ziegler Vice President
David R. Long Vice President, Corp Dev
David Ross Corporate Vice President
Elizabeth J. Brinkerhoff Vice President
Gary M. Van der Voort Vice President
Jack H. Lazzaro Vice President & Treasurer
James G. McFarlane Vice President
James J. Braniff Vice President
Joel C. Kornreich Vice President
Joel D. Cavaness Vice President
John D. Stancik Vice President
John F. Mccaffrey Vice President, Marketing
Joseph A. Dutcher Vice President, Internal Audit
Mark P. Strauch Vice President
Nicholas M. Elsberg Vice President
Paul F. Wasikowski Vice President
Richard J. McKenna Vice President
Robert E. Bush Vice President
Steven A. Ring Vice President
Theodore A. Skirvin Vice President, Corp Finance
Walter D. Bay Corporate Vice President, General Counsel and Secretary
Warren G. Van der Voort Vice President
Matthew Pike Managing Director, Gallagher London
James Begley Director of Strategy
Michael P. Golden Reg Manager, Brokerage Retail Division
Mike Henthorn Regional Manager
Steve Smith Regional Controller
Christine D. Greb Assistant Secretary
Jon Kurz Software Architect
Marsha J. Akin
Sally Wasikowski Assistant Treasurer
Elbert O. Hand Director
Ilene S. Gordon Director

Board of Directors

Name (plus bio) Position
Frank E. English Jr. Board of Directors
James R. Wimmer Board of Directors
Kay W. McCurdy Board of Directors
Norman L. Rosenthal Board of Directors

Organization Position Status
Papetti President and Chief Executive Officer Current
Arthur J. Gallagher & Co. President & CEO Americas, Barry Callebaut North America Current
Arthur J. Gallagher & Co. Director Current

Organization Position Status
Arthur J. Gallagher & Co. President, Barbara Oil Company (Investments) Current
Arthur J. Gallagher & Co. Board of Directors Current

Douglas K. Howell joined Gallagher as Corporate Vice President and Chief Financial Officer in 2003. As CFO, Mr. Howell's responsibilities include accounting, finance, internal audit, investments, tax, treasury, administration, corporate development, procurement and information technology. He also participates as a company representative in dealings with Wall Street analysts, institutional shareholders and prospective investors. Since joining Gallagher, Mr. Howell has helped spearhead our E&O efforts, Sarbanes-Oxley compliance, global sourcing initiatives and developing Gallagher’s Offshore Center of Excellence. Prior to joining Gallagher, Mr. Howell had 20 years of financial experience, most recently as Senior Vice President & CFO of 21st Century Insurance Group. He previously held CFO and other management positions with several insurance and financial services firms, as well as the public accounting and consulting firms now known as PricewaterhouseCoopers and KPMG. Mr. Howell holds a Master’s degree from the University of Chicago, a Bachelor’s degree from Iowa State University, and is a CPA.

Organization Position Status
Arthur J. Gallagher & Co. CFO & Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Chief Operating Officer Current

Organization Position Status
Arthur J. Gallagher & Co. CFO & Senior Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Corporate Vice President, President and Chief Operating Officer, Brokerage Services Retail Division Current
Arthur J. Gallagher & Co. President, Brokerage Retail Division Former

Organization Position Status
Arthur J. Gallagher & Co. Chief Financial Officer Current
Arthur J. Gallagher & Co. Board of Directors Current
Risk Management Partners LLC Board of Directors Current
Miami University Bachelor of Science In Accounting Former

Organization Position Status
Arthur J. Gallagher & Co. Chief Accounting Officer & Controller Current

Susan E. McGrath is the Chief Human Resources Officer for Arthur J. Gallagher & Co. In this role, Ms. McGrath provides global strategic HR leadership to the company’s insurance brokerage and risk management businesses. Ms. McGrath is responsible for developing a comprehensive human resources and organizational strategy to address key margin improvement initiatives and drive the development of a robust performance based culture at Gallagher. Ms. McGrath has more than 17 years of experience in human resources and joined Gallagher from General Electric where she previously served as the Vice President of Human Resources for GE’s Commercial Distribution Finance (CDF) business in Hoffman Estates, Ill. In this role, Ms. McGrath provided HR leadership for GE’s inventory financing business globally and managed the human resources aspects of major acquisitions including the Trans America Distribution Finance portfolio and Bombardier Capital Inc. Prior to GE’s CDF business, Ms. McGrath was the Vice President of Human Resources for the Financial Guaranty Insurance Company (FGIC), a bond insurance company in New York, where she played a key role in the complex and successful disposition of the business by GE. Before FGIC, Ms. McGrath was the Vice President of Human Resources for GE Capital Auto Financial Services in Barrington, Ill. In this role, Ms. McGrath served as a strategic business partner and drove organizational excellence during a difficult liquidation of the business. Additionally, Ms. McGrath has held several human resources roles of increasing responsibility including Director and Associate Director of Human Resources at Ernst & Young in Chicago. Ms. McGrath holds a Bachelor of Science in Human Resources and a Master of Business Administration from the Kellogg School of Business at Northwestern University. Ms. McGrath is also a graduate of GE’s Management Development Program.

Organization Position Status
Arthur J. Gallagher & Co. Corporate Vice President and Chief Human Resources Officer Current

David E. McGurn, Jr. is President of Gallagher’s Specialty Marketing & International Division. He began this division in 1996, and this operation has been building tremendous momentum ever since. Mr. McGurn joined the Gallagher team more than 30 years ago as an Account Executive. He has subsequently served in various leadership roles, beginning with Unit Sales Manager, then Executive Vice President of the Risk Management Sales Division. In 1988, Mr. McGurn was appointed President of International Special Risk Services, Inc. He was named a Corporate Vice President of Arthur J. Gallagher & Co. in 1994. As President of SMI, Mr. McGurn is responsible for all of Gallagher’s wholesale and international operations. He also serves as Chairman of AJG (UK) Limited and Risk Placement Services, Inc. In addition, Mr. McGurn served on the Board of Directors of the Council of Insurance Agents and Brokers (CIAB) from 1996 through 2006 and was reelected in October 2007.

Organization Position Status
Arthur J. Gallagher & Co. President, Specialty Marketing & Intl Division & Executive Vice President Current
Arthur J. Gallagher & Co. Account Executive Former
Arthur J. Gallagher & Co. Chairman Former
Arthur J. Gallagher & Co. Corporate Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. President, Gallagher Benefit Services, Inc & Executive Vice President Current
Arthur J. Gallagher & Co. Corporate Vice President, President, Employee Benefit Consulting and Brokerage Former

Organization Position Status
Arthur J. Gallagher & Co. General Counsel, Executive Vice President & Secretary Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President, Corp Dev Current

Organization Position Status
Arthur J. Gallagher & Co. Corporate Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President & Treasurer Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President, Marketing Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President, Internal Audit Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current
Arthur J. Gallagher & Co. Assistant Treasurer Former

Richard J. McKenna is President and CEO of Gallagher Bassett Services, Inc., which provides a broad range of risk management services—including claims and information management, risk control consulting and appraisal services—to help corporations and institutions reduce their cost of risk. Mr. McKenna came to Gallagher Bassett in 1976, holding several key roles throughout the last 30 years, including Vice President, Product Support Division; Vice President, Field Operations Division; and Executive Vice President, Operations Division before becoming Corporate Vice President in 1994. Before coming to Gallagher, Mr. McKenna worked as a Senior Claim Representative for Aetna Casualty Insurance after serving in the U.S. Army. Mr. McKenna holds a Bachelor of Business Administration and a Masters of Business Administration from Iona College in New Rochelle, N.Y. He also holds a Juris Doctorate from Pace University in White Plains, N.Y. Mr. McKenna has been admitted to the New York Bar and the Illinois Bar. He is a member of New York and American and Illinois Bar Associations, the American Trial Lawyers Association, the Association of MBA Executives, and the International Association of Insurance Counsel.

Organization Position Status
Gallagher Bassett Services, Inc. CEO Current
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President, Corp Finance Current

Walter D. Bay was named Vice President, General Counsel and Secretary of Arthur J. Gallagher & Co. in 2007. As General Counsel, Mr. Bay manages the global legal organization and advises senior management and the Company’s Board of Directors on a wide range of issues including regulatory and legal compliance, securities law, corporate governance, litigation and mergers and acquisitions. Mr. Bay has more than 20 years of legal and business experience. He started his career at Chase Manhattan Bank. After attending law school, he joined the firm of Harter, Secrest & Emery LLP where he became a partner in the Corporate department. In 2000, he joined GE Capital Services first as Mergers & Acquisitions Counsel and then as General Counsel for GE Commercial Distribution Finance. Mr. Bay received his B.A., cum laude, from the College of Wooster in 1985 and his Juris Doctorate, with honors, from the George Washington University National Law Center in 1991.

Organization Position Status
Arthur J. Gallagher & Co. Corporate Vice President, General Counsel and Secretary Current

Organization Position Status
Arthur J. Gallagher & Co. Vice President Current

Organization Position Status
Arthur J. Gallagher & Co. Managing Director, Gallagher London Current
Marine.Com, Inc. Assistant Director Former

Organization Position Status
Arthur J. Gallagher & Co. Director of Strategy Current
Henley Management College MBA Former

Organization Position Status
Arthur J. Gallagher & Co. Reg Manager, Brokerage Retail Division Current

Organization Position Status
Arthur J. Gallagher & Co. Regional Manager Current

Organization Position Status
Arthur J. Gallagher & Co. Regional Controller Current

Organization Position Status
Arthur J. Gallagher & Co. Assistant Secretary Current

Jon Kurz is a software architect for Arthur J. Gallagher & Co. in Chicago. Jon has experience with .Net, Java, Oracle, and SQL, among other technologies, and has also done research on artificial intelligence. In addition to computer languages, Jon is also fluent in Mandarin Chinese.

Organization Position Status
Arthur J. Gallagher & Co. Software Architect Current

Organization Position Status
Arthur J. Gallagher & Co. Current

Organization Position Status
Arthur J. Gallagher & Co. Assistant Treasurer Current

Elbert O. Hand has been a director of the Company since 1984. Mr. Hand served as chairman of Hartmarx Corporation from 1992 until his retirement in June 2004. From 1992 until 2002, he served as chairman and chief executive officer. He served as a director of Austin Reed PLC, London, England, from 1995 until 2002, and continues to serve as an advisor to the Board of Austin Reed PLC. Since 2002, he has served as a director of Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm.

Organization Position Status
Arthur J. Gallagher & Co. Director Current
Coppley Apparel Group Limited Director Current
Hartmarx Corporation Chairman Former

Organization Position Status
Arthur J. Gallagher & Co. Board of Directors Current

Organization Position Status
Alcan Inc. President, Senior Vice President & CEO, Alcan Packaging Current
The Executive Club Board of Directors Current
United Stationers Inc. Director Current
Arthur J. Gallagher & Co. Director Current
Alcan Inc. President Former
Alcan, Inc. Senior Vice President Former
United Stationers Inc. Executive Committee No Meetings Former

Organization Position Status
Arthur J. Gallagher & Co. Board of Directors Current

Organization Position Status
Arthur J. Gallagher & Co. Board of Directors Current

Organization Position Status
Arthur J. Gallagher & Co. Board of Directors Current
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     AJG $22.46 -0.03 (-0.13% )
Average Volume 503,199
Shares Outstanding 101.80M
Market Cap 2.3B
Year High 26.02
Year Low 14.82
Earnings Per Share 1.25
P/E Ratio 17.97
Dividend 1.28
Yield 5.70
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