DAYTONA BEACH, Fla., June 15, 2017 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the appointment of Vaughn Stoll to the Senior Leadership Team for the Company.
Powell Brown remarked, "We are pleased to announce Vaughn Stoll’s appointment to the Senior Leadership Team for Brown & Brown. With his background and experience in several operational roles as well as a Certified Public Accountant, Vaughn has provided leadership in a number of key areas for our organization, from financial accounting to acquisitions to internal operations. Vaughn embodies the cultural vision for our organization which recognizes and rewards skill and contribution to the Brown & Brown team. As he continues to focus on growing our business through acquisitions, his input on the Senior Leadership Team will be welcomed by the entire company."
Mr. Stoll has been a teammate at Brown & Brown for eight years. He serves as Director of Acquisitions and Internal Operations and is also a Senior Vice President for the Company. Prior to joining Brown & Brown, Mr. Stoll held positions as a Chief Financial Officer of a small public company and an associate with a national accounting firm. He is based in Brown & Brown’s corporate headquarters in Daytona Beach, Florida.
Brown & Brown, Inc., through its subsidiaries, offers a broad range of insurance products and services, as well as risk management, third-party administration, managed health care, and Medicare set-aside services and programs. Providing service to business, public entity, individual, trade and professional association clients nationwide, the Company is ranked by Business Insurance magazine as the United States' sixth largest independent insurance intermediary. The Company's Web address is www.bbinsurance.com.
This press release may contain certain statements relating to future results which are forward-looking statements. These statements are not historical facts, but instead represent only the Company's current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results and condition, as well as its other achievements, are contained in the Company's filings with the Securities and Exchange Commission. Some factors include: fluctuations in our stock's market price; fluctuations in operating results and cash flows; general economic conditions around the country; downward commercial property and casualty premium pressures; the effects of legislative and regulatory changes pertaining to the insurance industry, including those relating to coastal property coverages; the competitive environment; and the integration of the Company's operations with those of businesses or assets the Company has acquired or may acquire in the future and the failure to realize the expected benefits of such integration. All forward-looking statements made herein are made only as of the date of this release, and the Company 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 the Company hereafter becomes aware.
R. Andrew Watts
Chief Financial Officer
Brown & Brown Inc.