Jeffrey T. Bowman Stepping Down as CEO
(Thomson Reuters ONE) -
Jeffrey T. Bowman Stepping Down as CEO
ATLANTA (August 24, 2015) - Crawford & Company® announced today that Jeffrey T.
Bowman is stepping down after nearly eight years as president and CEO and after
more than 24 years of service with Crawford & Company. The Board of Crawford®
has appointed Board member Harsha V. Agadi interim CEO while it conducts a
search for a permanent CEO. The search will be led by the Board's Executive
Committee and is expected to take several months.
"After nearly eight intense and challenging years as president and CEO I have
agreed with the Board to step down. I am extremely proud of what the management
team has achieved in this time and where we have positioned the Company for the
future," commented Bowman. "The Company is going through a significant
transformation this year in a challenging industry environment, and I wish all
the great employees working at Crawford the best of luck in the future."
Charles Ogburn, the non-executive chairman of the Board of Crawford & Company,
said "The Board would like to thank Jeff for his years of dedicated service to
Crawford & Company, its clients, employees and shareholders, as well as for the
many global initiatives he helped to launch to increase operational
effectiveness."
Agadi has been a member of the Crawford Board of Directors since 2010. He is the
chairman and CEO of GHS Holdings LLC, an investing and consulting business, and
he has significant experience in establishing global brands and improving
operations of companies.
About Crawford®
Based in Atlanta, Ga., Crawford & Company® (www.crawfordandcompany.com) is the
world's largest independent provider of claims management solutions to the risk
management and insurance industry as well as self-insured entities, with an
expansive global network serving clients in more than 70 countries. The Crawford
Solution((TM)) offers comprehensive, integrated claims services, business
process outsourcing and consulting services for major product lines including
property and casualty claims management, workers compensation claims and medical
management, and legal settlement administration. The Company's shares are traded
on the NYSE under the symbols CRD-A and CRD-B.
# # #
For more information, please contact:
John L'Abate, public relations manager
404.300.1908 (office)
404.226.2931 (cell)
jwlaba(at)us.crawco.com
2015-8-24-CrawfordPresReJTBStepsDownFINAL:
http://hugin.info/155880/R/1947078/706939.pdf
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Crawford & Company via GlobeNewswire
[HUG#1947078]
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Bereitgestellt von Benutzer: hugin
Datum: 24.08.2015 - 13:15 Uhr
Sprache: Deutsch
News-ID 415490
Anzahl Zeichen: 3363
contact information:
Town:
ATLANTA
Kategorie:
Business News
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