J. Patrick Gallagher Jr. has been named chairman of Itasca, Ill.-based insurance brokerage firm Arthur J. Gallagher & Co.

Mr. Gallagher will remain president and chief executive officer of the firm. He succeeds his uncle Robert E. Gallagher, who served as chairman for 11 years until his death in August.

Gallagher also announced it will pay a quarterly cash dividend of 30 cents a share on the company's common stock on Jan. 15, 2007 to shareholders of record as of Dec. 29.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.