J. Patrick Gallagher Jr.
Net Worth
Last updated:
What is J. Patrick Gallagher Jr. net worth?
The estimated net worth of Mr. J. Patrick Gallagher Jr. is at least $199,957,898 as of 2 May 2024. He owns shares worth $26,670,798 as insider, has earned $17,047,100 from insider trading and has received compensation worth at least $156,240,000 in Arthur J. Gallagher & Co..
What is the salary of J. Patrick Gallagher Jr.?
Mr. J. Patrick Gallagher Jr. salary is $7,440,000 per year as Chairman, Pres & Chief Executive Officer in Arthur J. Gallagher & Co..
How old is J. Patrick Gallagher Jr.?
Mr. J. Patrick Gallagher Jr. is 73 years old, born in 1952.
What stocks does J. Patrick Gallagher Jr. currently own?
As insider, Mr. J. Patrick Gallagher Jr. owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Arthur J. Gallagher & Co. (AJG) | Chairman, Pres & Chief Executive Officer | 88,200 | $302.39 | $26,670,798 |
What does Arthur J. Gallagher & Co. do?
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, third-party claims settlement, and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. It operates through Brokerage and Risk Management segments. The Brokerage segment consists of retail and wholesale insurance brokerage operations; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverage's to underwriting enterprises. This segment also performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services to enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. It serves commercial, industrial, public, religious, and not-for-profit entities. The company was incorporated in 1927 and is headquartered in Rolling Meadows, Illinois.
J. Patrick Gallagher Jr. insider trading
Arthur J. Gallagher & Co.
Mr. J. Patrick Gallagher Jr. has made 13 insider trades between 2004-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 226,558 units of AJG stock on 12 Dec 2014. As of 2 May 2024 he still owns at least 88,200 units of AJG stock.
Arthur J. Gallagher & key executives
Arthur J. Gallagher & Co. executives and other stock owners filed with the SEC:
- Mr. Douglas K. Howell (63) Corporation Vice President & Chief Financial Officer
- Mr. J. Patrick Gallagher Jr. (73) Chairman, Pres & Chief Executive Officer
- Mr. Scott R. Hudson (63) Corporation Vice President & Pres of Risk Management Operation
- Mr. Thomas Joseph Gallagher (66) Corporation Vice President and Pres of Global Property & Casualty Brokerage Operation
- Mr. Walter D. Bay (62) Corporation Vice President, Gen. Counsel & Sec.