Arthur J Gallagher & Co has appointed both a president and chief operating officer (COO).
Thomas Gallagher (pictured), the current CEO of brokerage services, takes on the role of president from current chairman, president and CEO Patrick Gallagher.
Meanwhile, Patrick M Gallagher, the firm’s current CEO of brokerage services for the Americas, is to take on the role of executive vice president and COO.
The broker said the appointments are effective from the start of next year and will support Gallagher’s accelerating growth and global expansion.
Patrick Gallagher, chairman, president and CEO of Arthur J Gallagher, who will retain the titles of chairman and CEO, said: “These appointments will better position us for the next phase of growth as we continue to seize new opportunities.
“Our entire senior leadership team has always been focused on how we capitalise on market opportunities, respond to changes in client expectations, identify merger opportunities and work more closely with our carrier partners. This same team of leaders remains deeply committed to and enthusiastic about Gallagher’s promising future.
“I will continue to be focused on Gallagher’s strategy and domestic and global expansion.
“In their future roles, Tom and Patrick will help me lead organic and M&A growth initiatives and drive operational improvement to deliver superior service across the enterprise, as we continue to develop tailored solutions for our clients and promote our bedrock culture.
“On behalf of the board, I’d like to congratulate Tom and Patrick and thank them for their dedication, vision and execution.
“I am confident the entire leadership team will continue to work together to deliver outstanding value for all of our stakeholders, as they have for many years.”