ITASCA, Ill., Nov. 30, 2016 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced three leadership promotions in its property & casualty brokerage operations.

James S. Gault, currently President of Gallagher's global property & casualty brokerage operations, will assume the newly created position of Chairman. Jim's responsibilities will focus on developing the company's next generation of leaders as well as supporting the brokerage operations' continued growth and client-centric culture.

Thomas J. Gallagher, currently leader of Gallagher's property & casualty brokerage operations outside the U.S., will assume Jim Gault's role as President of Gallagher's global property & casualty brokerage operations. In this expanded role, Tom will assume responsibility for U.S. retail property & casualty operations and will continue to lead Gallagher's international property & casualty operations. He will report to Jim Gault.

Michael R. Pesch, currently leader of Gallagher's retail property & casualty brokerage operations in the Midwest region of the U.S., has been promoted to the newly created role of President of U.S. retail property & casualty brokerage operations. In this role, Mike will lead the day-to-day management of Gallagher's retail property & casualty brokerage operations in the U.S., reporting to Tom Gallagher.

"Jim started in our internship program in 1972, Tom in 1979 and Mike in 1991. Each has had a major impact on our company's success. Their collective accomplishments result from an unwavering commitment to client-first service and they embody Gallagher's values and unique culture. Promoting these three exceptional leaders positions us for sustained growth; enables us to continue providing outstanding products and services to our clients around the world; and will enhance the development of future generations of talent at our company," said J. Patrick Gallagher, Jr., Chairman, President and CEO of Arthur J. Gallagher & Co.

ABOUT ARTHUR J. GALLAGHER & CO.
Arthur J. Gallagher & Co. (NYSE: AJG), an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 33 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.



    Contact: Investor Relations      Media

             Raymond Iardella        Anna Rozenich

             VP - Investor Relations VP - Global Media Relations

             630-285-3661            630-285-5954

             Ray_Iardella@ajg.com    Anna_Rozenich@ajg.com

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SOURCE Arthur J. Gallagher & Co.