SOURCE: Brown & Brown, Inc.
DAYTONA BEACH, FL and TAMPA, FL--(Marketwired - May 13, 2013) - Brown & Brown, Inc. (NYSE: BRO) announced the election of James S. Hunt to Brown & Brown, Inc.'s Board of Directors at its Annual Shareholders' Meeting on May 8. Jim worked with the Walt Disney Company from 1992 until his retirement in 2012. He served most recently as Executive Vice President and Chief Financial Officer of the global parks and resorts business. Prior to Disney, he was a partner with Ernst & Young.
Chilton D. Varner, the Company's Lead Director and Chair of the Nominating/Corporate Governance Committee of the Company's Board of Directors, observed, "Jim will offer an important perspective derived from his years of leadership within a large public company, and his prior experience with E&Y."
J. Powell Brown, the Company's Chief Executive Officer and a member of the Board, commented, "We are very pleased to add Jim to our Board. He brings significant knowledge in finance, strategy and operations. His numerous experiences at Disney world-wide will be very helpful as we grow toward our next intermediate revenue goal of $2 billion."
Jim is a member of the Board of Directors of JobSync, a private human resources technology company, and also serves on the Board of Trustees of the Children's Hospital Los Angeles, where he is Chair of the Finance Committee, Vice Chair of the Compensation Committee and a member of the Executive Committee.
Before relocating to Los Angeles from Orlando, Jim was on the corporate Board of Directors of Orlando Health, a multi-unit hospital system; the University of Central Florida Foundation Board of Directors; and the Board of Directors of the Orlando Regional Chamber of Commerce, of which he was Chairman. He and his wife Marilyn have been married for 34 years, and have an adult daughter, Chelsea.
Brown & Brown, Inc., through its subsidiaries, offers a broad range of insurance and reinsurance products and services, as well as risk management, third-party administration, managed health care, and Medicare set-aside services and programs. Providing service to business, public entity, individual, trade and professional association clients nationwide, the Company is ranked by Business Insurance magazine as the United States' sixth largest independent insurance intermediary. The Company's Web address is www.bbinsurance.com.
This press release may contain certain statements relating to future results which are forward-looking statements. These statements are not historical facts, but instead represent only the Company's current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. It is possible that the Company's actual results, financial condition and achievements may differ, possibly materially, from the anticipated results, financial condition and achievements contemplated by these forward-looking statements. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results and condition, as well as its other achievements, are contained in the Company'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 the Company 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 the Company hereafter becomes aware.