Brown & Brown announces leadership updates aimed at enhancing collaboration and growth in its Retail segment following the Risk Strategies acquisition.
Quiver AI Summary
Brown & Brown has announced significant leadership updates in its Retail segment, aiming to enhance collaboration and growth following the acquisition of Risk Strategies. Key appointments include John Mina, John Greenbaum, John Scroope, and John Vaglica as Retail Senior Leaders, and Ed Flanagan, Steve Giannone, Neil Krauter, Sr., Robert Rosenzweig, and Patrick Roth as Retail Vice Presidents. In addition, Mark Manzi has been named the North American Retail Brokerage Leader, responsible for overseeing carrier relationships and ensuring service excellence. Executives John Mina and Barrett Brown emphasized that these appointments not only strengthen the company's foundation for scalable growth and innovation but also enhance its commitment to delivering exceptional customer experiences across the Retail sector.
Potential Positives
- The appointment of new leaders in the Retail segment demonstrates Brown & Brown's commitment to enhancing its leadership team and strategic initiatives, which could drive future growth and collaboration.
- The naming of Mark Manzi as North American Retail Brokerage Leader signifies a focused approach to managing carrier relationships, which is crucial for service delivery and strategic alignment.
- The executives' proven track record of results and strong partnerships indicates that their leadership may enhance customer service and elevate the overall client experience.
- This restructuring within the Retail segment is described as a strategic leap forward, positioning the company for scalable growth and innovation in its offerings.
Potential Negatives
- The press release highlights significant leadership changes that could indicate past instability within the organization, raising questions about the effectiveness of the current leadership structure.
- The mention of "ongoing integration efforts" following an acquisition suggests that the company may still be facing challenges in merging operations, which could impact overall efficiency and performance.
- The emphasis on unlocking growth opportunities may imply that current growth strategies are not meeting expectations, necessitating a change in leadership to drive desired results.
FAQ
What is the recent leadership update at Brown & Brown?
Brown & Brown has announced new appointments in its Retail segment, enhancing collaboration and growth opportunities within the team.
Who are the new Retail Senior Leaders at Brown & Brown?
The new Retail Senior Leaders include John Mina, John Greenbaum, John Scroope, and John Vaglica.
Who is appointed as North American Retail Brokerage Leader?
Mark Manzi has been named the North American Retail Brokerage Leader, overseeing carrier relationships across various lines.
What goals does Brown & Brown aim to achieve with these leadership changes?
These changes aim to strengthen service delivery, enhance collaboration, and unlock new growth opportunities within the Retail segment.
How does Brown & Brown define its commitment to excellence?
Brown & Brown emphasizes delivering innovative solutions and enhancing customer experience through a robust leadership and collaboration framework.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BRO Congressional Stock Trading
Members of Congress have traded $BRO stock 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BRO stock by members of Congress over the last 6 months:
- REPRESENTATIVE DAN NEWHOUSE purchased up to $15,000 on 08/18.
- REPRESENTATIVE LISA C. MCCLAIN purchased up to $15,000 on 08/04.
- REPRESENTATIVE APRIL MCCLAIN DELANEY purchased up to $15,000 on 07/25.
- REPRESENTATIVE VAL T. HOYLE purchased up to $15,000 on 06/26.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$BRO Insider Trading Activity
$BRO insiders have traded $BRO stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BRO stock by insiders over the last 6 months:
- PAUL J KRUMP purchased 2,678 shares for an estimated $249,884
- BRONISLAW EDMUND MASOJADA purchased 1,000 shares for an estimated $91,440
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BRO Hedge Fund Activity
We have seen 485 institutional investors add shares of $BRO stock to their portfolio, and 396 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 7,905,288 shares (+1479.7%) to their portfolio in Q2 2025, for an estimated $876,459,280
- CITADEL ADVISORS LLC added 5,254,331 shares (+40523.9%) to their portfolio in Q2 2025, for an estimated $582,547,677
- VANGUARD GROUP INC added 5,124,203 shares (+16.8%) to their portfolio in Q2 2025, for an estimated $568,120,386
- BALYASNY ASSET MANAGEMENT L.P. added 4,452,153 shares (+96891.3%) to their portfolio in Q2 2025, for an estimated $493,610,203
- CAISSE DE DEPOT ET PLACEMENT DU QUEBEC added 2,402,353 shares (+6673.0%) to their portfolio in Q2 2025, for an estimated $266,348,877
- BLACKROCK, INC. added 2,126,893 shares (+11.6%) to their portfolio in Q2 2025, for an estimated $235,808,626
- GHISALLO CAPITAL MANAGEMENT LLC added 2,100,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $232,827,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BRO Analyst Ratings
Wall Street analysts have issued reports on $BRO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Keefe, Bruyette & Woods issued a "Underperform" rating on 07/31/2025
- B of A Securities issued a "Buy" rating on 07/30/2025
- BMO Capital issued a "Outperform" rating on 07/30/2025
- Wells Fargo issued a "Overweight" rating on 07/30/2025
- Truist Securities issued a "Buy" rating on 04/30/2025
To track analyst ratings and price targets for $BRO, check out Quiver Quantitative's $BRO forecast page.
$BRO Price Targets
Multiple analysts have issued price targets for $BRO recently. We have seen 12 analysts offer price targets for $BRO in the last 6 months, with a median target of $110.5.
Here are some recent targets:
- Bob Huang from Morgan Stanley set a target price of $105.0 on 08/18/2025
- Elyse Greenspan from Wells Fargo set a target price of $101.0 on 08/13/2025
- Matthew Heimermann from Citigroup set a target price of $112.0 on 08/13/2025
- C. Gregory Peters from Raymond James set a target price of $120.0 on 08/04/2025
- Meyer Shields from Keefe, Bruyette & Woods set a target price of $87.0 on 07/31/2025
- Joshua Shanker from B of A Securities set a target price of $130.0 on 07/30/2025
- Michael Zaremski from BMO Capital set a target price of $106.0 on 07/30/2025
Full Release
DAYTONA BEACH, Fla., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Brown & Brown is pleased to announce several strategic updates to its Retail segment leadership team, reinforcing the company’s commitment to delivering world-class solutions and accelerating collaboration across its global footprint.
As part of its ongoing integration efforts following the acquisition of Risk Strategies, Brown & Brown is focused on unlocking new opportunities for growth, collaboration and our ability to scale. To help us meet these key objectives, the leaders below will join the existing Retail segment leadership team as Retail Senior Leaders (RSLs) and Retail Vice Presidents (RVPs).
Retail Senior Leaders (RSLs):
- John Mina
- John Greenbaum
- John Scroope
- John Vaglica
Retail Vice Presidents (RVPs):
- Ed Flanagan
- Steve Giannone
- Neil Krauter, Sr.
- Robert Rosenzweig
-
Patrick Roth
Each of these individuals will continue to lead their current businesses while taking on expanded responsibilities that will help drive strategic initiatives across the segment.
North American Retail Brokerage Leader
Additionally, Brown & Brown is excited to name Mark Manzi as its North American Retail Brokerage Leader. In this role, Mark will oversee carrier relationships across Property & Casualty, Employee Benefits and Personal Lines, ensuring strategic alignment and excellence in service delivery.
Regarding these appointments, John Mina, senior vice president of the Retail segment, shared, "The caliber of talent and proven track record these leaders bring to our Retail segment is exceptional. Each has consistently demonstrated the ability to deliver results, build strong partnerships and lead with integrity. Their collective experience will not only strengthen our ability to serve our customers but also position us to unlock new opportunities for growth across the Retail business. I am confident they will inspire our teams and drive continued success as we move forward together."
Barrett Brown, executive vice president and president of the Retail segment, said, "These appointments mark a pivotal moment for our Retail segment. By bringing together leaders with deep specialization and a shared commitment to excellence, we are strengthening our foundation for scalable growth and enhanced collaboration. Their expanded roles will accelerate our ability to deliver innovative solutions, deepen carrier partnerships and elevate the customer experience across every line of business. This is more than a leadership update—it’s a strategic leap forward for Retail."
About Brown & Brown, Inc.
Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700+ locations and a team of more than 23,000 professionals, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at BBrown.com.
This press release may contain certain forward-looking statements relating to future results. These statements are not historical facts but instead represent only Brown & Brown’s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown’s control. It is possible that Brown & Brown’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown’s financial results and condition, as well as its other achievements, is contained in Brown & Brown’s filings with the Securities and Exchange Commission. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown 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 Brown & Brown hereafter becomes aware.
For more information:
Marci Steiding
Senior Vice President, Business Enablement & Communication
(404) 460-1400