8-K
filed October 26, 2023, 7:59 PM ET
ticker AJG
CIK 0000354190
earnings
confidence high
sentiment positive
materiality 0.75
Arthur J. Gallagher Q3 adjusted EPS $2.00, revenue $2.45B, organic growth 10.5%; new President and COO named
Arthur J. Gallagher & Co.
2023-Q3 EPS reported
$4.58
revenue$7,640,000,000
- Q3 adjusted net earnings $442.8M ($2.00 per share) vs $363.1M ($1.68) a year ago.
- Total revenue $2.45B, up 22% reported; organic revenue growth 10.5% (brokerage 9.3%, risk mgmt 17.9%).
- Brokerage segment closed 12 mergers with ~$57M estimated annualized revenue in the quarter.
- Thomas J. Gallagher appointed President, Patrick M. Gallagher appointed COO, effective Jan 1, 2024; J. Patrick Gallagher remains Chairman & CEO.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Arthur J. Gallagher & Co. reported the quarter ended September 30, 2023 results: EPS $1.28.
- Period
- the quarter ended September 30, 2023
- EPS
- $1.28
- Result
- reported results
Exact text from the filing
Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended September 30, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Thomas J. Gallagher was appointed as President at Arthur J. Gallagher & Co..
- Action
- appointed
- Role
- President
Exact text from the filing
On October 24, 2023, the Board of Directors (the Board) of the Company appointed Thomas J. Gallagher as President, succeeding J. Patrick Gallagher, Jr. in such role.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.85
J. Patrick Gallagher, Jr. changed role as Chairman of the Board and Chief Executive Officer at Arthur J. Gallagher & Co..
- Role
- Chairman of the Board and Chief Executive Officer
Exact text from the filing
On October 24, 2023, the Board of Directors (the Board) of the Company appointed Thomas J. Gallagher as President, succeeding J. Patrick Gallagher, Jr. in such role.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Patrick M. Gallagher was appointed as Chief Operating Officer at Arthur J. Gallagher & Co..
- Action
- appointed
- Role
- Chief Operating Officer
Exact text from the filing
In addition, the Board appointed Patrick M. Gallagher as Chief Operating Officer.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.