Amy T. Shore
On June 6, 2025, the Board of Directors (“Board”) of Crawford & Company (the “Company”) unanimously appointed Amy T. Shore, age 61, as an independent director of the Company.
Highest-materiality recent filing
All nine director nominees elected; Jesse C. Crawford Jr. had lowest support with 16.5M for (91.7%).
Crawford Q1 net income falls 27% to $4.9M; revenue down 1% to $309.5M
GAAP diluted EPS $0.10 (both classes) down 23% YoY; Non-GAAP adjusted EPS $0.16 down 24%.
Crawford & Company realigns reportable segments into three units effective Jan 1, 2026
Effective Jan 1, 2026, Crawford realigned reportable segments into three: U.S. Property & Casualty, Broadspire, International Operations.
W. Bruce Swain Jr. appointed President & CEO effective March 23, 2026; he served as interim CEO since Jan 1, 2026.
Crawford & Co Q4 net loss $7.2M ($0.15/share); revenue down 11% to $308.5M
Q4 net loss of $7.2M vs income $5.7M a year ago; diluted EPS ($0.15) vs $0.11/$0.12.
Crawford restructures into U.S. and International divisions; Hoberman named CEO of U.S. Operations
Effective Jan 1, 2026, Crawford operates under two divisions: U.S. Operations and International Operations.
Crawford & Company promotes Michael J. Hoberman to CEO – US Operations; new employment agreement
Michael J. Hoberman promoted to CEO – US Operations, effective Jan 1, 2026, reporting to interim CEO Bruce Swain.
Crawford & Company upsizes revolving credit facility to $500M; matures Dec 2030
Revolving credit facility increased to $500.0 million; maturity extended to Dec 2, 2030.
CEO Rohit Verma steps down Dec 31; CFO Bruce Swain named interim CEO, Holly Boudreau as CFO
Rohit Verma resigns as President & CEO and Board member effective Dec 31, 2025; no disagreement with Company.
Board authorized an additional 2M shares to repurchase program, extending termination to Dec 31, 2027.
Revenue before reimbursements $322.2M, down 2% YoY; net income $12.4M ($0.25 diluted EPS) vs $9.5M ($0.19) prior year.
Crawford Q2 revenue +3% to $323M, net income down 9%, dividend raised to $0.075
Revenue before reimbursements up 3% YoY to $323.0M; GAAP diluted EPS $0.16 vs $0.17.
Larry C. Thomas, global president of Platform Solutions, plans to retire at end of 2025.
Crawford & Company appoints Amy Shore as independent director; board expands to 10 members
Amy Shore, former Nationwide EVP and Chief Transformation Officer, appointed to board effective June 6, 2025.
Shareholders elect all directors, approve ESPP share increase at 2025 annual meeting
All nine director nominees elected; Rahul Patel received 15.6M for vs 2.5M withheld votes.
Crawford & Company Q1 revenue $312M (+3%); net income $6.7M ($0.13/diluted), adj EPS $0.21
Revenue before reimbursements $312.0M (+3% YoY); net income $6.7M ($0.13 diluted EPS) vs $2.8M ($0.06).
Crawford & Company appoints KPMG as new auditor for FY2025, replacing EY
EY dismissed as auditor effective March 3, 2025 after completing FY2024 audit.
Crawford Q4 revenue up 17%, GAAP EPS $0.11 vs -$0.02; annual revenue record $1.293B
Q4 revenues before reimbursements $347.3M (+17%); net income $5.7M vs loss $0.8M.
Crawford & Company selects KPMG as auditor for FY 2025, replacing EY
Audit Committee selected KPMG as independent auditor for fiscal year ending Dec 31, 2025; EY continues for FY 2024.
Crawford Q3 revenue flat at $329M; EPS $0.19 vs $0.25; Broadspire record; cash flow weak
GAAP diluted EPS $0.19 vs $0.25; non-GAAP adjusted EPS $0.22 vs $0.35.
Crawford & Co Q2 revenue $314.2M (-3% YoY); net income $8.6M; Broadspire record $97.1M
Revenue before reimbursements $314.2M, down 3.2% YoY; net income $8.6M (+2% from $8.4M).
Crawford & Company appoints Joel T. Murphy as independent director
Joel T. Murphy, 65, elected to the Board effective June 25, 2024; extends Board to ten directors.
Crawford shareholders elect all nominees, approve stock plan, ratify auditor at annual meeting
All nine director nominees elected; Jesse C. Crawford Sr. received 1.4M withheld votes (7.7% of votes cast).
Crawford Q1 net income falls 73% to $2.8M; revenue down 5% to $301.7M
GAAP diluted EPS $0.06 for both CRD-A and CRD-B, down from $0.22 in Q1 2023.
Crawford appoints Anthony Belcastro as SVP, Controller and CAO; Dalerick Carden moves to SVP Finance
Anthony Belcastro appointed SVP, Controller and CAO effective March 18, 2024, reporting to CFO Bruce Swain.
Crawford reports record FY 2023 revenue; Q4 revenue down 8% on benign weather
Q4 2023 revenues before reimbursements $296.1M, down 8% YoY; GAAP net loss $0.8M and diluted EPS loss $0.02.
Crawford & Company President Joseph Blanco resigns effective Dec 31, 2023
Joseph O. Blanco resigns as President and Board member, effective December 31, 2023.
Crawford & Company reports record Q3 revenue $325.6M, net income $12.3M vs loss year ago
Revenues before reimbursements $325.6M, up 10% YoY; GAAP diluted EPS $0.25 vs loss of $0.31.
Crawford & Company appoints Fred R. Donner as independent director, board expands to 12
Fred R. Donner, 65, appointed independent director effective Nov 3, 2023; board now has 12 members.
Crawford & Company Q2 2023 revenues up 9% YoY; net income rises 45%
Q2 2023 revenues of $320.7M (+9% YoY); net income $8.4M (+45%); diluted EPS $0.17 for both share classes.
Crawford & Company Q2 revenue up 9% to $320.7M; GAAP EPS $0.17, adjusted EPS $0.24
Revenues before reimbursements $320.7M (+9% YoY); GAAP net income $8.4M vs $5.8M
Crawford & Company increases dividend to $0.07/share and extends share repurchase program
Quarterly dividend raised from $0.06 to $0.07 per share on Class A and B common stock.
Crawford & Company shareholders elect 11 directors, approve say-on-pay, ratify EY as auditor
All 11 director nominees elected with majority 'For' votes count ranging from 15,042,996 to 17,837,603.
Crawford Q1 revenue $313M (+12% YoY), net income doubles to $10.7M; adjusted EPS $0.28
Revenue before reimbursements $313.0M (+12% YoY); net income $10.7M ($0.22 diluted EPS) vs $5.1M ($0.10) prior year
Q4 revenue before reimbursements $322.2M (+10% YoY); full year $1.189B (+8%), both records.
Crawford Q3 net loss $15.1M on $36.8M goodwill impairment; constant-currency revenue +6%
GAAP net loss $15.1M ($0.31 diluted loss per share) vs net income $11.2M ($0.20/$0.21 EPS) in Q3 2021.
Crawford & Company appoints Cameron Bready to Board of Directors
Cameron Bready, age 50, appointed independent director effective September 13, 2022.
Crawford Q2 revenue up 10% to $293M, net income falls 51% to $5.8M; margins shrink
Revenue before reimbursements $293.3M (+10% YoY); GAAP net income $5.8M vs $11.8M; diluted EPS $0.12 vs $0.22.
10 director nominees elected, each receiving >16M votes for; highest withheld count ~1.56M for Jesse C. Crawford.
Crawford Q1 revenue up 10% to $279M; net income falls to $5.1M; repurchases 2.2M shares
Revenues before reimbursements $279.0M (+10% YoY); net income $5.1M vs $6.1M; diluted EPS $0.10 vs $0.11.
FY2021 GAAP revenues $1.1B, operating earnings $54.3M, net income $30.7M, adjusted EBITDA $98.3M.
Effective Jan. 1, 2022, new segments: North America Loss Adjusting, International Operations, Broadspire, Platform Solutions.
Crawford Q4 rev $292.9M (+14% YoY); GAAP EPS $0.03 vs $0.18; net income $1.7M
Q4 revenues before reimbursements $292.9M (+14% YoY); net income attributable to shareholders $1.7M (down from $9.4M).
Board increased share repurchase program by 5M shares; previously authorized 2M with 413,317 remaining.
Crawford repurchases 1.59M Class B shares at $8.23 from Nierenberg funds
Repurchased 1,586,683 Class B shares at $8.23 per share from D3 Family Fund, D3 Family Bulldog Fund, and Haredale Limited.
Revenue before reimbursements $288.5M (+14% YoY); net income $11.2M vs $24.4M; diluted EPS $0.20/$0.21 vs $0.46.
Crawford acquires Praxis Consulting for $55.5M to expand subrogation services
Deal value $55.5M: $25.5M cash at closing, $20M Jan 2022, plus $10M earnout over two years.
Crawford updates strategy: edjuster acquisition ($33.1M), net debt $80M, targets 200+ expert hires
Acquired edjuster, contents valuation leader, for $33.1M total ($20.1M upfront cash) in Aug 2021.
Crawford Q2 revenues $267.5M, net income $11.8M; presents strategic growth plan
Q2 revenues $267.5M (+14% YoY); net income $11.8M (double YoY).
Crawford & Company acquires edjuster for $42.4M CAD in cash and earnouts
Total purchase price $42.4M CAD; $25.4M upfront cash plus net receivables, remainder in earnouts over two years.
On June 6, 2025, the Board of Directors (“Board”) of Crawford & Company (the “Company”) unanimously appointed Amy T. Shore, age 61, as an independent director of the Company.
On June 25, 2024, the Board of Directors (“Board”) of Crawford & Company (the “Company”) unanimously appointed Joel T. Murphy, age 65, as an independent director of the Company.
Mr. Dalerick Carden, the Company’s current Senior Vice President, Controller and Chief Accounting Officer, resigned from that position and was appointed Senior Vice President, Finance on March 18, 2024.
On March 18, 2024, Crawford & Company (the “Company”) announced the appointment of Anthony Belcastro as Senior Vice President, Controller and Chief Accounting Officer of the Company, effective as of March 18, 2024.
On November 21, 2023, Joseph O. Blanco, President of Crawford & Company (the “Company”) gave notice to the Company that he will resign from his position as President and as a member of the Board of Directors (the “Board”) of the Company effective December 31, 2023.
On November 2, 2023, the Board of Directors (“Board”) of Crawford & Company (the “Company”) unanimously appointed Fred R. Donner, age 65, as an independent director of the Company.
On September 13, 2022, the Board of Directors of Crawford & Company (the “Company”) unanimously appointed Cameron M. Bready, age 50, as an independent Director of the Company.
Max materiality 0.80 · Median 0.60 · Most common event earnings