Arthur J. Gallagher & Co. Names New Controller & Chief Accounting Officer

What Happened
Arthur J. Gallagher & Co. announced on Aug 24, 2026 that Richard C. Cary (age 63), the Company’s Controller and Chief Accounting Officer, will step down from those roles effective September 30, 2026 and will remain employed as Corporate Vice President – Accounting to support a transition through his expected retirement in 2028. Kyle G. Koreyva (age 42) will succeed Mr. Cary as Controller and Chief Accounting Officer (and as the Company’s principal accounting officer) effective October 1, 2026.

Key Details

• Richard C. Cary has been Controller since 1997 and Chief Accounting Officer since 2001; his planned retirement is not due to any disagreement with the Company.
• Kyle G. Koreyva joined AJG through the AssuredPartners acquisition in August 2025 and most recently served as AJG Vice President, Accounting; he was AssuredPartners’ Chief Accounting Officer starting June 2024.
• Koreyva’s prior roles include Vice President, Finance and Divisional CFO of Westchester (a Chubb division) from April 2020 to June 2024 and 14 years at PricewaterhouseCoopers in assurance, including three years in the national office.
• There are no changes to Koreyva’s compensation associated with his new role; no family relationships or reportable transactions under Item 404(a) were disclosed.

Why It Matters
This is an announced, planned leadership succession in AJG’s accounting function that preserves continuity of financial oversight. Investors can note the orderly transition, the company’s succession planning, and the filing’s explicit statement that the retirement is not related to any disagreement about financial reporting or controls. The lack of compensation changes or reportable related-party transactions suggests no immediate material financial impact from the personnel change.