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Brown & Brown Appoints New Principal Accounting Officer

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Confident Investing Starts Here:

Brown & Brown ( (BRO) ) has shared an announcement.

On May 7, 2025, Brown & Brown, Inc. appointed Paul M. Gallagher as the principal accounting officer, succeeding R. Andrew Watts, who remains as Executive Vice President, Chief Financial Officer, and Treasurer. Gallagher, who joined the company in November 2024 as Controller, brings extensive experience from Deloitte & Touche LLP, where he served as Partner in various roles. Additionally, the shareholders approved an amendment to the 2019 Stock Incentive Plan, increasing the shares available for issuance by 6,930,000 and extending the plan’s term. During the annual meeting, shareholders elected directors and ratified Deloitte & Touche LLP as the independent registered public accountants for the fiscal year ending December 31, 2025.

The most recent analyst rating on (BRO) stock is a Hold with a $106.00 price target. To see the full list of analyst forecasts on Brown & Brown stock, see the BRO Stock Forecast page.

Spark’s Take on BRO Stock

According to Spark, TipRanks’ AI Analyst, BRO is a Outperform.

Brown & Brown’s stock is supported by solid financial performance and positive earnings call highlights, reflecting strong growth and strategic acquisitions. However, technical indicators suggest potential short-term weakness, and the high P/E ratio indicates the stock might be overvalued. The positive corporate events related to ESG initiatives add to its long-term appeal.

To see Spark’s full report on BRO stock, click here.

More about Brown & Brown

Average Trading Volume: 1,884,669

Technical Sentiment Signal: Buy

Current Market Cap: $31.91B

For a thorough assessment of BRO stock, go to TipRanks’ Stock Analysis page.

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