Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced that Cory T. Walker, who has been serving as senior vice president, treasurer and chief financial officer, will retire from the firm effective in March 2014.
Brown & Brown also announced that it has commenced a search for a successor to Walker.
Walker joined Brown & Brown in 1992, and served as chief financial officer for 17 of the past 22 years, and as profit center leader for the Oakland, Calif., office of Brown & Brown of California Inc. for five years in the late 1990s. Prior to joining Brown & Brown, he served as a certified public accountant and senior audit manager for Ernst & Young LLP.
“It has been an honor and privilege to serve with the many extraordinary individuals at Brown & Brown over these many years, growing our company from $33 million in 1992 to more than $1.2 billion in 2012. I know that the company and these individuals will continue this trend,” Walker said.
Brown & Brown CEO J. Powell Brown remarked, “Cory has been a valued leader and resource throughout his decades-long career with Brown & Brown. He has consistently modeled a work ethic second to none, and we are grateful for his dedication and his many contributions to the growth of our company. We are pleased to have Cory remain with us to assist with the transition to a new CFO.”
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