Brown & Brown, Inc. board member Hugh Brown named to Savoy Magazine's Most Influential Black Corporate Directors list

Rhea-AI Summary

Brown & Brown, Inc. (NYSE: BRO) announces that Hugh M. Brown, a board member, has been named to Savoy Magazine's Most Influential Black Corporate Directors list for the second time. This recognition highlights his significant contributions over 17 years to the company's success. Hugh Brown is the founder of BAMSI, Inc. and has served on various boards, including the Federal Reserve Bank of Atlanta. CEO J. Powell Brown praised his leadership, stating it has positively impacted the organization.

Positive

• Hugh M. Brown's recognition underlines his influence and leadership within the company.
• His long-term contributions (over 17 years) demonstrate continuity and expertise at the board level.

Negative

• None.

DAYTONA BEACH, Fla., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that, for the second time, Hugh M. Brown, a member of the company's board of directors, has been named to Savoy Magazine's Most Influential Black Corporate Directors list. Savoy Magazine is a cultural catalyst for the African American community that showcases and drives positive dialogue about urban culture. Savoy released its 2021 Most Influential Black Corporate Directors list in its fall issue, which features an elite representation of African American executives, influencers and achievers active on the boards of the world's leading corporations.

Brown & Brown is proud to congratulate Hugh Brown, who has contributed his expertise and leadership to the company's continued success for more than 17 years. Brown is the founder and former president & chief executive officer of BAMSI, Inc., a full-service engineering and technical services company, until his retirement in 1998. He currently serves as a member of the board of managers for Nemours Children's Hospital in Orlando, Florida, and is past chairman of the Federal Reserve Bank of Atlanta. Brown has previously served on a range of councils and commissions across Florida and was chairman of the Florida Space Authority board of supervisors.

"Our organization has benefited greatly from Hugh's wisdom and insight. He has been an exemplary leader and has had enormous positive impacts on our communities. Hugh has been very helpful to me, personally, in my role as CEO," stated J. Powell Brown, president and chief executive officer, Brown & Brown, Inc.

"We congratulate Hugh on this well-deserved recognition. He has been a long-time champion for Florida businesses and a tremendous asset to our board," said J. Hyatt Brown, chairman, Brown & Brown, Inc. "We are grateful for his leadership and contributions to our company."

This recognition complements the many awards Brown has achieved throughout his career, including Savoy Magazine's 2017 Power 300: Most Influential Black Corporate Directors, U.S. Small Business Administration Small Business Person of the Year in 1985, and Regional Minority Small Business Person of the Year for the Atlanta region. He was also a recipient of the state of Florida Ernst & Young Entrepreneur of the Year award in 1993.

The complete 2021 Most Influential Black Corporate Directors listing is available now online exclusively at savoynetwork.com. Savoy's fall issue is also available nationwide at newsstands, Barnes & Noble, and online through Amazon.

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 over 11,000 teammates in more than 300 locations across the U.S. and select global markets, we are committed to providing innovative strategies to help protect what our customers value most. For more information, please visit www.bbinsurance.com.

For more information:

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7773c204-6dad-477e-8507-5383026bcda6

FAQ

Who is Hugh M. Brown and why was he recognized by Savoy Magazine?

Hugh M. Brown is a board member of Brown & Brown, Inc. He was recognized by Savoy Magazine as one of the Most Influential Black Corporate Directors for his significant contributions to corporate governance.

What is the significance of Hugh M. Brown's recognition for Brown & Brown, Inc.?

His recognition reflects positively on Brown & Brown, Inc.'s board, highlighting diversity and leadership, which may enhance the company's reputation.

How long has Hugh M. Brown been with Brown & Brown, Inc.?

Hugh M. Brown has served on the board of Brown & Brown, Inc. for over 17 years.