Brown & Brown Management
Management criteria checks 2/4
Brown & Brown's CEO is J. Brown, appointed in Jan 2007, has a tenure of 17.25 years. total yearly compensation is $9.79M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 1.87% of the company’s shares, worth MX$11.77B. The average tenure of the management team and the board of directors is 5 years and 15.8 years respectively.
Key information
J. Brown
Chief executive officer
US$9.8m
Total compensation
| CEO salary percentage | 10.2% |
| CEO tenure | 18yrs |
| CEO ownership | 1.9% |
| Management average tenure | 5yrs |
| Board average tenure | 15.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$982m |
| Mar 31 2024 | n/a | n/a | US$914m |
| Dec 31 2023 | US$10m | US$1m | US$857m |
| Sep 30 2023 | n/a | n/a | US$736m |
| Jun 30 2023 | n/a | n/a | US$720m |
| Mar 31 2023 | n/a | n/a | US$675m |
| Dec 31 2022 | US$7m | US$1m | US$659m |
| Sep 30 2022 | n/a | n/a | US$616m |
| Jun 30 2022 | n/a | n/a | US$602m |
| Mar 31 2022 | n/a | n/a | US$595m |
| Dec 31 2021 | US$9m | US$1m | US$574m |
| Sep 30 2021 | n/a | n/a | US$572m |
| Jun 30 2021 | n/a | n/a | US$562m |
| Mar 31 2021 | n/a | n/a | US$523m |
| Dec 31 2020 | US$7m | US$1m | US$465m |
| Sep 30 2020 | n/a | n/a | US$460m |
| Jun 30 2020 | n/a | n/a | US$441m |
| Mar 31 2020 | n/a | n/a | US$437m |
| Dec 31 2019 | US$5m | US$1m | US$399m |
| Sep 30 2019 | n/a | n/a | US$395m |
| Jun 30 2019 | n/a | n/a | US$386m |
| Mar 31 2019 | n/a | n/a | US$367m |
| Dec 31 2018 | US$4m | US$1m | US$344m |
Compensation vs Market: J.'s total compensation ($USD9.79M) is above average for companies of similar size in the MX market ($USD5.51M).
Compensation vs Earnings: J.'s compensation has increased by more than 20% in the past year.
CEO
J. Brown (56 yo)
18yrs
Tenure
US$9,786,745
Compensation
Mr. J. Powell Brown, CPCU, is a Member of Board of Trustees at American Institute for Chartered Property Casualty Underwriters since June 15, 2022. He has been the Chief Executive Officer of Brown & Brown...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 18yrs | US$9.79m | 1.87% MX$ 11.8b | |
| Executive VP | 10.9yrs | US$3.27m | 0.065% MX$ 408.1m | |
| Executive VP & Chief Acquisitions Officer | 14yrs | US$2.93m | 0.24% MX$ 1.5b | |
| Executive VP & President of Programs Segment | 11yrs | US$3.45m | 0.072% MX$ 451.8m | |
| Executive VP & President of Retail Segment | 5yrs | US$3.44m | 0.50% MX$ 3.1b | |
| Chief Technology Officer | 2.7yrs | no data | no data | |
| Executive VP & Chief Information Officer | 3.9yrs | no data | 0.015% MX$ 93.9m | |
| Senior VP & Chief Legal Officer | 1.8yrs | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Executive VP & Chief People Officer | 4.8yrs | no data | 0.024% MX$ 148.3m | |
| Senior Vice President of Retail Segment | no data | no data | no data | |
| Senior VP & Director of Acquisitions | no data | no data | no data |
5.0yrs
Average Tenure
55yo
Average Age
Experienced Management: BRO *'s management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 17.3yrs | US$9.79m | 1.87% MX$ 11.8b | |
| Independent Director | 2yrs | US$217.47k | 0.0011% MX$ 7.2m | |
| Chairman of the Board | 32yrs | US$218.03k | 13.27% MX$ 83.3b | |
| Independent Director | 31yrs | US$217.47k | 0.041% MX$ 260.0m | |
| Lead Independent Director | 12.3yrs | US$247.47k | 0.016% MX$ 97.3m | |
| Independent Director | 6.1yrs | US$237.47k | 0.0068% MX$ 42.9m | |
| Independent Director | 18yrs | US$217.47k | 0.019% MX$ 118.9m | |
| Independent Director | 1.6yrs | US$50.00k | 0.00049% MX$ 3.1m | |
| Independent Director | 21yrs | US$217.47k | 0.020% MX$ 127.1m | |
| Independent Director | 17.3yrs | US$217.47k | 0.082% MX$ 514.3m | |
| Independent Director | 14.3yrs | US$237.47k | 0.011% MX$ 70.9m | |
| Independent Director | 11.7yrs | US$237.47k | 0.0082% MX$ 51.4m |
15.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: BRO *'s board of directors are seasoned and experienced ( 15.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 13:32 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Brown & Brown, Inc. is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Gelb | Barclays |
| Alex Scott | Barclays |
| Michael Zaremski | BMO Capital Markets Equity Research |