Lockton appoints vice chairman
Insurance broker Lockton has appointed Ron Lockton as vice chairman, as part of the company’s long-term succession plan.
Ron Lockton is the son of Jack Lockton, the late founder of the company, and nephew of David Lockton, the chairman of Lockton.
As vice chairman, he will help drive the strategic direction of the business while continuing to advise clients on risk management, employee benefits, and insurance issues.
He led the growth of Lockton's Kansas City property and casualty operation from 2006 until last year. During that time, the operations grew from a staff of 350 and revenue of $85 million to a staff of 570 and revenues of $135 million.
"Ron has proven himself as a business leader, client advisor, and community leader," said David Lockton. "We will work closely during the next few years as he assumes more responsibility for leadership in our growing global business."
Ron Lockton added: ”I started working in the mailroom as a teenager, so I have grown up with this company. It is an honour to step into this role, and I welcome the opportunity to help guide our future growth."
