Pacific Resources Announces Chris Judd as CEO and Ken Vaughan as President

Rhea-AI Summary

Pacific Resources Benefits Advisors has appointed Chris Judd as CEO and Ken Vaughan as President. Judd takes over from Paul Barden, who achieved over a 400% revenue increase during his ten-year tenure. Judd and Vaughan bring nearly 30 years of consulting and executive experience in employee benefits. Judd expressed optimism about continued growth and commitment to high client service standards. Barden will remain as an advisor while transitioning to a leadership role with Brown & Brown Insurance.

Positive

• Chris Judd's appointment signals continuity in leadership with extensive industry experience.
• Successful revenue growth of over 400% under prior CEO Paul Barden demonstrates strong business performance.

Negative

• None.

BOSTON, Sept. 24, 2020 /PRNewswire/ -- Pacific Resources Benefits Advisors, LLC, a subsidiary of Brown & Brown Insurance, and a leading non-medical employee benefits consulting firm, has announced Chris Judd as the company's new CEO and Ken Vaughan as the company's new President, along with several other executive promotions.

Judd becomes the company's third chief executive, assuming responsibility from Paul Barden. Barden has been a leader at Pacific Resources for 20 years. During his ten years as CEO, he led the company's growth to over a 400% increase in revenue. With this change in leadership, Barden will continue to be an advisor to Pacific Resources in addition to his new leadership role with Brown & Brown Insurance.

For the past eight years as Executive Vice Presidents of Pacific Resources, Judd has been responsible for consulting service operations, delivery and strategy and Vaughan has been overseeing client service operations and distribution, as well as the company's global business. Both Judd and Vaughan have nearly 30 years of consulting and executive leadership experience in non-medical employee benefits.

"For the past eight years, Chris Judd and Ken Vaughan have worked as part of our leadership team and have helped our organization grow into the diverse company it is today. I'm confident that Chris will continue to push Pacific Resources in the same positive trajectory that we've been accustomed to over the last ten years," Barden said. "Chris' strong relationships with our clients and teammates, along with his understanding of our markets and strategy, creates a seamless transition for everyone. All while enhancing our value proposition that we already offer our clients."

Commenting on his appointment as CEO, Judd said: "I'm excited to lead an organization comprised of exceptional teammates. We will continue to serve clients at the highest levels, while finding new opportunities to help them meet their challenges. Our outlook for continued growth is very promising."

About Pacific Resources:
Pacific Resources, a wholly owned subsidiary of Brown & Brown, Inc., is a leading independent employee benefits advisory firm that works with Fortune-ranked and other large companies. For over four decades, Pacific Resources' evidence-based insights have shaped innovative employee benefit solutions, helping companies get the most value from their benefit plans, and positively impacting the lives of millions of employees and their families. For more information, visit us online at http://www.pacresbenefits.com.

About Brown & Brown, Inc.:
Brown & Brown, Inc., (NYSE: BRO) through its subsidiaries, offers a broad range of insurance products and related services, including risk management, employee benefits, property & casualty, third-party administration, and other services. Serving business, public entity, individual, trade and professional association clients nationwide, Brown & Brown is ranked by Business Insurance magazine as the United States' fifth largest independent insurance intermediary. Brown & Brown's web address is www.bbinsurance.com.

Media Contact: 
rbb Communications
Jacobo Waincier
(305) 713-1128
Jacobo.Waincier@rbbcommunications.com

 

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SOURCE Pacific Resources Benefits Advisors, LLC

FAQ

Who has been appointed as the new CEO of Brown & Brown's subsidiary, BRO?

Chris Judd has been appointed as the new CEO of Pacific Resources Benefits Advisors.

What significant revenue growth did Pacific Resources achieve under the previous CEO?

Under Paul Barden, Pacific Resources achieved a revenue increase of over 400%.

What are the new roles of Chris Judd and Ken Vaughan at Pacific Resources?

Chris Judd is now the CEO, and Ken Vaughan is the President of Pacific Resources.

What was Paul Barden's role at Pacific Resources after stepping down as CEO?

Paul Barden will continue as an advisor to Pacific Resources.