Alexander KarpAlexander Karp earned $1B in 2024

In 2023, J. Powell Brown earned $9.67M in total compensation at Brown & Brown, including $1.00M salary and $8.33M in stock. Most recently acquired 106,514 shares in Feb 2024. Currently holds stock worth $690.37M. Has donated $28.24M in stock to charitable causes. Has led Brown & Brown for over 16 years.

Compensation History

Annual executive compensation data for J. Powell Brown, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$9.67M

Salary

$1.00M

Bonus

$0.00

Other

$344.88K

Salary

$1.00M

Board Justification

The compensation philosophy aims to attract and retain high-quality executives, linking compensation to performance and aligning interests with shareholders.

Bonus

$0.00

Board Justification

No discretionary bonus was reported for 2023.

Other Compensation

$344.88K

Board Justification

Other compensation includes perquisites, insurance commissions, and contributions to retirement plans.

Restricted Stock

$8.33M147.51K common stock

Board Justification

147,506 shares of stock vested in 2023, valued at $8,329,664.

Performance Metrics

Performance metrics include Organic Revenue growth, Adjusted EBITDAC Margin, and personal objectives.

B

J. Powell Brown

CEO of Brown & Brown

Education

Not specified

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

Born

January 1, 1968 - 57 years ago

CEO of Brown & Brown for

16 years 5 months (Jul 2009 - Present)

Previous Experience

Served as President since January 2007 and a director since October 2007.

Holdings

Track J. Powell Brown's stock holdings and portfolio value over time.

Charitable Transactions

BRO

360,288 shares

BRO

Recent Charitable Transactions

BRO

146,927 shares

BRO

Dec 29, 2023

Charity

BRO

184,354 shares

BRO

Dec 31, 2022

Charity

BRO

15,452 shares

BRO

Dec 31, 2021

Charity

BRO

1,555 shares

BRO

Jan 1, 2021

Charity

BRO

1,608 shares

BRO

Jan 1, 2019

Charity

Insider Trading

J. Powell Brown's recent stock transactions, purchases, and sales filed with the SEC.

BRO

106,514 shares

BRO

Feb 19, 2024

Received

BRO

146,927 shares

BRO

Dec 29, 2023

Charity

BRO

453 shares

BRO

Dec 15, 2023

Charity

BRO

105,769 shares

BRO

Feb 20, 2023

Received

BRO

2,233 shares

BRO

Dec 31, 2022

Charity

BRO

184,354 shares

BRO

Dec 31, 2022

Charity

BRO

15,452 shares

BRO

Dec 31, 2021

Charity

BRO

2,400,460 shares

BRO

Dec 31, 2021

Charity

Rivals

Compare J. Powell Brown with competitor CEOs and industry peers.