Crawford & Company said John F. Giblin, the chief financial officer for the independent adjusting firm, has resigned and company controller Bruce Swain has been named interim CFO.
Mr. Giblin's resignation was effective May 2, the Atlanta-based company said. No reason was given for the resignation. But, Thomas W. Crawford, president and chief executive officer of Crawford & Company said there was "no question about integrity of numbers" and no misdeeds were involved.
There were "no questions about his performance" and the reasons for Mr. Giblin's departure were personal and would remain confidential between him and the board, Mr. Crawford said.
"John has been a valuable member of our senior management team for more than 17 years. We thank him for his contributions and wish him well in his future endeavors," the CEO said.
Mr. Crawford, who is unrelated to the firm's founders, has made limited changes among top management positions.
In January the firm announced a reorganization splitting the company into four regions: the U.S.; Europe, the Middle East and Africa (EMA); the Americas (Canada, Latin America, the Caribbean and Puerto Rico); and Asia Pacific.
To head those regions it named Philip Porter for the United States, Ian Muress leading EMA, Glenn Gibson for the Americas, and Richard Martin covering Asia Pacific.
The January announcement from Crawford also included news that John Sharoun was promoted to chief executive officer of Crawford Adjusters Canada. Benedict Burke was named chief operating officer for the U.K. and Ireland.
Crawford shares on the New York Stock Exchange have generally traded in the $6 range over the past three years.
In leaving Mr. Giblin gives up a salary of $362,000.
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