Crawford CEO steps down
The chief executive officer (CEO) and president of claims manager Crawford & Company, Jeffrey Bowman, has unveiled plans to step down after nearly eight years in the role.
A replacement has yet to be found, but Crawford has appointed board member Harsha Agadi as interim CEO while it searches for a permanent replacement.
The hiring process is expected to take several months and will be led by the board’s executive committee.
Agadi has been a member of the Crawford board of directors since 2010 and currently serves as the chairman and CEO of investing and consulting business GHS.
Bowman said: “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.
“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, 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.”
