Gallagher Announces CFO Promotion

NU Online News Service, June 26, 3:05 p.m. EST?Insurance broker Arthur J. Gallagher & Company announced the promotion yesterday of James S. Gault to president and chief operating officer of the Brokerage Services Division.

Mr. Gault will report to J. Patrick Gallagher, the firm's president and chief executive officer. Mr. Gault succeeds James J. Braniff III who will return Houston as a regional vice president.

The Itasca, Ill., based firm said that the moves were a long planned succession plan.

Mr. Gault has more than 28 years with the firm. He started as an intern in the early 1970's, and joined the firm full-time in 1974 as a production professional. He has held jobs as a unit manager, branch manager, and regional manager. He became an officer of the company in 1992.

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