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Brown & Brown, Inc. announces senior leadership team appointments

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Brown & Brown (NYSE: BRO) has announced key appointments to its senior leadership team. Mike Neal and Mark Abate have been added to both the company's senior leadership team and the Retail segment senior leadership team. Mike Neal, an executive vice president within Brown & Brown's Retail segment, brings over 30 years of industry experience and leads Brown & Brown Dealer Services. Mark Abate, with more than 35 years in employee benefits, specializes in health and welfare strategies and oversees the Southborough, Massachusetts office and certain pharmacy and audit solutions operations.

Powell Brown, president and CEO, expressed excitement about the appointments, highlighting the extensive experience both individuals bring to support the company's mission. Barrett Brown, executive vice president and president of the Retail segment, emphasized that Neal and Abate's expertise will help broaden capabilities and develop innovative solutions to enhance customer experience while supporting the Retail business's growth.

Brown & Brown (NYSE: BRO) ha annunciato importanti nomine nel suo team di leadership senior. Mike Neal e Mark Abate sono stati aggiunti sia al team di leadership senior dell'azienda che a quello del segmento Retail. Mike Neal, vicepresidente esecutivo all'interno del segmento Retail di Brown & Brown, porta con sé oltre 30 anni di esperienza nel settore e guida i servizi per concessionari di Brown & Brown. Mark Abate, con oltre 35 anni di esperienza nei benefici ai dipendenti, si specializza in strategie di salute e benessere e supervisiona l'ufficio di Southborough, Massachusetts, e alcune operazioni relative a soluzioni farmaceutiche e di audit.

Powell Brown, presidente e CEO, ha espresso entusiasmo per queste nomine, sottolineando l'ampia esperienza che entrambi i professionisti portano per sostenere la missione dell'azienda. Barrett Brown, vicepresidente esecutivo e presidente del segmento Retail, ha enfatizzato che l'expertise di Neal e Abate aiuterà ad ampliare le capacità e sviluppare soluzioni innovative per migliorare l'esperienza del cliente, supportando al contempo la crescita del business Retail.

Brown & Brown (NYSE: BRO) ha anunciado nombramientos clave en su equipo de liderazgo senior. Mike Neal y Mark Abate se han unido tanto al equipo de liderazgo senior de la empresa como al equipo de liderazgo senior del segmento Retail. Mike Neal, vicepresidente ejecutivo en el segmento Retail de Brown & Brown, aporta más de 30 años de experiencia en la industria y lidera los Servicios para Concesionarios de Brown & Brown. Mark Abate, con más de 35 años en beneficios para empleados, se especializa en estrategias de salud y bienestar y supervisa la oficina de Southborough, Massachusetts, y ciertas operaciones de soluciones farmacéuticas y de auditoría.

Powell Brown, presidente y CEO, expresó su entusiasmo por los nombramientos, resaltando la amplia experiencia que ambos profesionales aportan para respaldar la misión de la empresa. Barrett Brown, vicepresidente ejecutivo y presidente del segmento Retail, enfatizó que la experiencia de Neal y Abate ayudará a ampliar las capacidades y desarrollar soluciones innovadoras para mejorar la experiencia del cliente mientras se apoya el crecimiento del negocio Retail.

Brown & Brown (NYSE: BRO)이 고위 경영진 팀에 대한 주요 임명을 발표했습니다. 마이크 닐마크 아바테가 회사의 고위 경영진 팀 및 소매 부문의 고위 경영진 팀에 추가되었습니다. Brown & Brown 소매 부문 내의 부사장인 마이크 닐은 30년 이상의 업계 경험을 보유하고 있으며 Brown & Brown 딜러 서비스의 책임을 맡고 있습니다. 마크 아바테는 35년 이상의 직원 복리후생 경험을 가지고 있으며, 건강 및 복지 전략을 전문으로 하며, 매사추세츠주 사우스보로에 있는 사무소와 일부 약국 및 감사 솔루션 운영을 감독합니다.

파웰 브라운 사장 겸 CEO는 이 임명에 대한 기대감을 표현하며, 두 사람이 회사의 사명을 지원하기 위해 가져오는 풍부한 경험을 강조했습니다. 바렛 브라운 부사장은 닐과 아바테의 전문성이 고객 경험을 향상시키고 소매 비즈니스의 성장을 지원하는 혁신적인 솔루션을 개발하는 데 도움을 줄 것이라고 강조했습니다.

Brown & Brown (NYSE: BRO) a annoncé des nominations clés au sein de son équipe de direction senior. Mike Neal et Mark Abate ont été ajoutés à la fois à l'équipe de direction senior de l'entreprise et à celle du segment Retail. Mike Neal, vice-président exécutif au sein du segment Retail de Brown & Brown, possède plus de 30 ans d'expérience dans l'industrie et dirige les services aux concessionnaires de Brown & Brown. Mark Abate, avec plus de 35 ans d'expérience dans les avantages sociaux, se spécialise dans les stratégies de santé et de bien-être et supervise le bureau de Southborough, Massachusetts, ainsi que certaines opérations de solutions pharmaceutiques et d'audit.

Powell Brown, président et CEO, a exprimé son enthousiasme pour ces nominations, soulignant l'expérience extensive que chacun apporte pour soutenir la mission de l'entreprise. Barrett Brown, vice-président exécutif et président du segment Retail, a souligné que l'expertise de Neal et Abate aidera à élargir les capacités et à développer des solutions innovantes pour améliorer l'expérience client tout en soutenant la croissance de l'entreprise Retail.

Brown & Brown (NYSE: BRO) hat wichtige Ernennungen in seinem Führungsteam bekannt gegeben. Mike Neal und Mark Abate wurden sowohl dem Führungsteam des Unternehmens als auch dem Führungsteam des Einzelhandelssegments hinzugefügt. Mike Neal, Executive Vice President im Einzelhandelssegment von Brown & Brown, bringt über 30 Jahre Branchenerfahrung mit und leitet die Dealer Services von Brown & Brown. Mark Abate, der mehr als 35 Jahre Erfahrung im Bereich Mitarbeiterbenefits hat, ist auf Gesundheits- und Wohlfahrtsstrategien spezialisiert und leitet das Büro in Southborough, Massachusetts sowie bestimmte pharmazeutische und Prüfungsdienstleistungen.

Powell Brown, Präsident und CEO, äußerte sich begeistert über die Ernennungen und hob die umfassende Erfahrung beider Personen hervor, die zur Unterstützung der Unternehmensmission beitragen. Barrett Brown, Executive Vice President und Präsident des Einzelhandelssegments, betonte, dass die Expertise von Neal und Abate dabei helfen wird, die Fähigkeiten zu erweitern und innovative Lösungen zu entwickeln, um das Kundenerlebnis zu verbessern und gleichzeitig das Wachstum des Einzelhandelsgeschäfts zu unterstützen.

Positive
  • Appointment of experienced industry veterans to senior leadership positions
  • Potential for enhanced capabilities and innovative solutions in the Retail segment
  • Strategic guidance to support continued growth in the Retail business
Negative
  • None.

DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) has announced the appointment of Mike Neal and Mark Abate to the Company’s senior leadership team and the Retail segment senior leadership team.

“We are excited to welcome Mike and Mark to Brown & Brown’s senior leadership team,” said Powell Brown, president and chief executive officer. “They bring extensive experience in their respective specializations, and their contributions will support our ongoing mission to be the world’s leading provider of risk management and insurance solutions for our customers.”

Barrett Brown, executive vice president and president of the Brown & Brown’s Retail segment, added, “Mike and Mark’s experience and knowledge will help us broaden our capabilities and allow us to develop innovative solutions to enhance our customer experience. They will bring added strategic guidance to support the continued growth of our Retail business.”

Mike Neal is a 30-plus-year industry veteran. He is an executive vice president within Brown & Brown’s Retail segment and president of Brown & Brown Dealer Services, a division devoted to auto and RV dealer training and F&I products. Mike began his career with Brown & Brown in 2008 when his previous insurance agency, which provided commercial insurance to dealers in RV, used auto, powersports and manufactured housing, was acquired by Brown & Brown.

Mark Abate brings over 35 years of employee benefits experience, specializing in developing health and welfare strategies to meet customers' unique organizational and workforce priorities. He leads Brown & Brown’s Southborough, Massachusetts office and oversees certain Brown & Brown pharmacy and audit solutions operations. Mark joined the organization in 2015 when Strategic Benefit Advisors was acquired by Brown & Brown.

About Brown & Brown Inc.

Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With approximately 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com.

This press release may contain certain forward-looking statements relating to future results. These statements are not historical facts but instead represent only Brown & Brown’s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown’s control. It is possible that Brown & Brown’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown’s financial results and condition, as well as its other achievements, is contained in Brown & Brown’s filings with the Securities and Exchange Commission. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.

For more information:

R. Andrew Watts
Chief Financial Officer
(386) 239-5770


FAQ

Who are the new appointees to Brown & Brown's senior leadership team?

Mike Neal and Mark Abate have been appointed to Brown & Brown's senior leadership team and the Retail segment senior leadership team.

What is Mike Neal's role at Brown & Brown (BRO)?

Mike Neal is an executive vice president within Brown & Brown's Retail segment and president of Brown & Brown Dealer Services, focusing on auto and RV dealer training and F&I products.

What experience does Mark Abate bring to Brown & Brown (BRO)?

Mark Abate brings over 35 years of employee benefits experience, specializing in developing health and welfare strategies. He leads the Southborough, Massachusetts office and oversees certain pharmacy and audit solutions operations.

When did Mike Neal join Brown & Brown (BRO)?

Mike Neal began his career with Brown & Brown in 2008 when his previous insurance agency was acquired by the company.

How long has Mark Abate been with Brown & Brown (BRO)?

Mark Abate joined Brown & Brown in 2015 when Strategic Benefit Advisors was acquired by the company.

Brown & Brown, Inc.

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