1 September 2020Insurance

Lockton hires Troy Cook as new chief financial officer

Broker Lockton has appointed Troy Cook as new chief financial officer (CFO) to lead the company finance function in alignment with its strategic growth plan.

Cook has more than 25 years of financial and operational experience. Most recently, he served for over 20 years as executive vice president and chief financial officer at NPC International before retiring in 2018.

Cook will report to chairman Ron Lockton.

"As we continue to build Lockton's foundation for significant growth and expansion, I am excited to welcome Troy to Lockton's leadership team," said Lockton. "Troy has an impressive track record of helping companies realize exponential growth. In addition to his financial skill set, Troy is an outstanding strategic operations executive as he exhibited as an independent Lockton board member since 2018. His growth mindset will help to accelerate Lockton's path to $5 billion and beyond with a focus on perpetuating our private company status."

Peter Clune, CEO of Lockton, said: "Lockton continues to attract amazing people to our team. We have hand selected people that are the very best at what they do and share our beliefs and values. Troy is a world-class CFO and a great person."

Cook commented: "I am honored to be joining the high-quality leadership team assembled and led by Ron and Peter and the uniquely dedicated associates that make Lockton an extremely attractive employer and brokerage in the marketplace. I am truly energized to play a role in helping to execute upon the tremendous growth opportunities that lay before Lockton and in driving stakeholder value by leveraging the inherent foundational benefits of Lockton's independent private company platform."

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