Arthur J. Gallagher Management

Management criteria checks 3/4

Arthur J. Gallagher's CEO is Pat Gallagher, appointed in Jan 1995, has a tenure of 29.83 years. total yearly compensation is $15.50M, comprised of 8.4% salary and 91.6% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth $291.33M. The average tenure of the management team and the board of directors is 11.8 years and 9.1 years respectively.

Key information

Pat Gallagher

Chief executive officer

US$15.5m

Total compensation

CEO salary percentage	8.4%
CEO tenure	29.8yrs
CEO ownership	0.4%
Management average tenure	11.8yrs
Board average tenure	9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pat Gallagher's remuneration changed compared to Arthur J. Gallagher's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$1b
Jun 30 2024	n/a	n/a	US$1b
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$15m	US$1m	US$970m
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$14m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$963m
Dec 31 2021	US$14m	US$1m	US$907m
Sep 30 2021	n/a	n/a	US$940m
Jun 30 2021	n/a	n/a	US$891m
Mar 31 2021	n/a	n/a	US$855m
Dec 31 2020	US$11m	US$1m	US$819m
Sep 30 2020	n/a	n/a	US$775m
Jun 30 2020	n/a	n/a	US$725m
Mar 31 2020	n/a	n/a	US$681m
Dec 31 2019	US$9m	US$1m	US$669m
Sep 30 2019	n/a	n/a	US$688m
Jun 30 2019	n/a	n/a	US$689m
Mar 31 2019	n/a	n/a	US$694m
Dec 31 2018	US$8m	US$1m	US$634m
Sep 30 2018	n/a	n/a	US$588m
Jun 30 2018	n/a	n/a	US$571m
Mar 31 2018	n/a	n/a	US$526m
Dec 31 2017	US$8m	US$1m	US$481m

Compensation vs Market: Pat's total compensation ($USD15.50M) is above average for companies of similar size in the UK market ($USD5.72M).

Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.

CEO

Pat Gallagher (72 yo)

29.8yrs

Tenure

US$15,496,222

Compensation

Mr. J. Patrick Gallagher, Jr. also known as Pat, serves as the Chief Executive Officer and President of Gallagher Koster (alternate name, Koster Insurance Agency, Inc.) and VEBA Service Group, LLC. Mr. Gal...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
J. Gallagher	Chairman & CEO	29.8yrs	US$15.50m	0.45% $ 291.3m
Thomas Gallagher	President	less than a year	US$6.69m	0.28% $ 180.3m
Douglas Howell	Corporate VP & CFO	21.6yrs	US$5.87m	0.036% $ 23.5m
Walter Bay	Corporate VP	17.4yrs	US$4.47m	0.014% $ 9.0m
Scott Hudson	President & CEO of Risk Management Services	14.8yrs	US$4.61m	0.043% $ 27.8m
Patrick Gallagher	Executive VP & COO	less than a year	no data	0.097% $ 63.2m
David Long	Vice President	no data	no data	no data
Richard Cary	Chief Accounting Officer & Controller	27.8yrs	no data	0.037% $ 23.7m
Mark Bloom	Corporate VP & Global Chief Information Officer	2.8yrs	no data	no data
Raymond Iardella	Vice President of Investor Relations	8.8yrs	no data	no data
Linda Collins	Vice President of Corporate Communications	no data	no data	no data
Christopher Mead	Corporate VP & Chief Marketing Officer	7.5yrs	no data	0.0052% $ 3.4m

11.8yrs

Average Tenure

61.5yo

Average Age

Experienced Management: 0ITL's management team is seasoned and experienced (11.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
J. Gallagher	Chairman & CEO	38.8yrs	US$15.50m	0.45% $ 291.3m
Sherry Barrat	Independent Director	11.3yrs	US$347.54k	0.0087% $ 5.6m
David Coldman	Director	10yrs	US$322.54k	0.0062% $ 4.1m
David Johnson	Independent Lead Director	21.8yrs	US$357.54k	0.021% $ 13.3m
Ralph Nicoletti	Independent Director	8.8yrs	US$352.54k	0.0070% $ 4.6m
Norman Rosenthal	Independent Director	16.8yrs	US$322.54k	0.018% $ 11.8m
Teresa Clarke	Independent Director	3.3yrs	US$322.54k	0.0013% $ 850.6k
Richard de Winton Harries	Director	less than a year	no data	no data
Deborah Caplan	Independent Director	less than a year	no data	no data
David Jack	Chairman of Technical Advisory Board	9.1yrs	no data	no data
Christopher Miskel	Independent Director	4.7yrs	US$337.54k	0.0023% $ 1.5m

9.1yrs

Average Tenure

67yo

Average Age

Experienced Board: 0ITL's board of directors are considered experienced (9.1 years average tenure).

Arthur J. Gallagher Management

Management criteria checks 3/4

Key information

Recent management updates

Corporate VP recently sold US$1.8m worth of stock

Arthur J. Gallagher & Co. Appoints Richard Harries as Director

Insider recently sold US$2.6m worth of stock

Corporate VP recently sold US$1.9m worth of stock

Corporate VP & CFO recently sold US$4.0m worth of stock

High number of new directors

Recent updates

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Thb Chile Corredores De Reaseguros SA.

A-G Specialty Insurance, LLC acquired First Agency, Inc. from Arthur J. Gallagher & Co. (NYSE:AJG).

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Peabody Insurance Agency, Inc. from family.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired American Matar International Inc.

JTC PLC (LSE:JTC) completed the acquisition of BuckUK and European Share Plan Administration and Trustee Businesses from Arthur J. Gallagher & Co. (NYSE:AJG).

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Adept Benefits, LLC.

Third quarter dividend of US$0.60 announced

Third quarter 2024 earnings released: EPS: US$1.39 (vs US$1.30 in 3Q 2023)

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Redington Limited.

Arthur J. Gallagher & Co. to Report Q3, 2024 Results on Oct 24, 2024

Upcoming dividend of US$0.60 per share

Corporate VP recently sold US$1.8m worth of stock

Second quarter dividend of US$0.60 announced

Second quarter 2024 earnings released: EPS: US$1.27 (vs US$1.09 in 2Q 2023)

Arthur J. Gallagher & Co. Announces Regular Third Quarter Dividend, Payable on September 20, 2024

Arthur J. Gallagher & Co. Appoints Richard Harries as Director

Arthur J. Gallagher & Co. to Report Q2, 2024 Results on Jul 25, 2024

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Cornerstone Commercial & Personal Insurance Services, Inc.

Insider recently sold US$2.6m worth of stock

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Crawford Insurance Company.

Upcoming dividend of US$0.60 per share

Now 21% undervalued

Corporate VP recently sold US$1.9m worth of stock

Corporate VP & CFO recently sold US$4.0m worth of stock

Now 20% undervalued

High number of new directors

First quarter dividend of US$0.60 announced

New minor risk - Shareholder dilution

First quarter 2024 earnings released: EPS: US$2.74 (vs US$2.29 in 1Q 2023)

Arthur J. Gallagher & Co. Declares Regular Second Quarter Cash Dividend, Payable on June 21, 2024

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Prasidium Credit Insurance.

Arthur J. Gallagher & Co. (NYSE : AJG) acquired Fontenelle & Goodreau Insurance, LLC.

Arthur J. Gallagher & Co. to Report Q1, 2024 Results on Apr 25, 2024

Arthur J. Gallagher & Co., Annual General Meeting, May 07, 2024

Arthur J. Gallagher & Co. has filed a Follow-on Equity Offering.

PSC Insurance Says in Buyout Talks

Upcoming dividend of US$0.60 per share

Corporate VP & CFO recently sold US$2.9m worth of stock

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Shelton & Alderson Insurance Agency, Inc.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Horak Insurance, Inc.

Fourth quarter dividend increased to US$0.60

Full year 2023 earnings released: EPS: US$4.42 (vs US$5.30 in FY 2022)

Arthur J. Gallagher & Co. Increases Quarterly Cash Dividend, Payable on March 15, 2024

Arthur J. Gallagher & Co. (NYSE:AJG) acquired The Rowley Agency, LLC.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired MCMM Services Limited.

Arthur J. Gallagher & Co. to Report Q4, 2023 Results on Jan 25, 2024

Corporate VP & CFO recently sold US$3.4m worth of stock

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Hunt Insurance Agency, Inc. from an unknown family.

Arthur J. Gallagher & Co. (NYSE:AJG) completed the acquisition of Galloway-Chandler-McKinney Insurance Agency, Inc. from Cadence Bank (NYSE:CADE).

New minor risk - Insider selling

Corporate VP & CFO recently sold US$2.5m worth of stock

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Hughes Insurance Agency Inc.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Certain assets of the retail agency business of Coverys Insurance Services, Inc.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Edgar Insurance Brokers.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired WDK Benefits, LLC.

Arthur J. Gallagher & Co. (NYSE:AJG) agreed to acquire Insurance Operations of The Evans Agency, LLC for $40 million.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Keaney Insurance Brokers Limited.

Arthur J. Gallagher & Co. Announces Executive Appointments, Effective January 1, 2024

Third quarter 2023 earnings released: EPS: US$1.28 (vs US$1.21 in 3Q 2022)

Arthur J. Gallagher & Co. Announces Regular Fourth Quarter Dividend, Payable on December 15, 2023

Arthur J. Gallagher & Co. (NYSE:AJG) entered into a definitive agreement to acquire Galloway-Chandler-McKinney Insurance Agency, Inc. from Cadence Bank (NYSE:CADE) for $904 million.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Rosenzweig Insurance Agency, Inc.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Meadowbrook, Inc.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Clements Worldwide.

Arthur J. Gallagher & Co. to Report Q3, 2023 Results on Oct 26, 2023

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Hartley Cylke Pacific Insurance Services, Inc..

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Ace Commercial Insurance Center.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Morgan, Trevathan And Gunn Incorporated.

Arthur J. Gallagher & Co. (NYSE:AJG) acquired Morgan, Trevathan And Gunn Incorporated.