HRH Announces Resignation of Exec. VP Tom Golub

August 12, 2003

Virginia-based Hilb, Rogal and Hamilton Company announced that Executive VP and board member Tom Golub has informed the company of his decision to resign effective August 5, 2003 in order to pursue other personal and business interests.

The company praised Golub’s “years of dedicated service to Hobbs Group,” and noted that he has been “an invaluable member of the Hobbs and HRH families, and his presence will be greatly missed. HRH wishes Tom the best in his future endeavors.”

HRH chairman and CEO Martin L. (Mell) Vaughan, III, commented, “Hobbs’ success is the result of talented and focused insurance professionals dedicated to an operating model that stresses superior client service and a highly developed sales culture. Tom Golub’s vision that Hobbs could enhance and sustain its success by combining with HRH was a key driver in bringing the two companies together. Following the recent completion of the earn-out, the Hobbs and HRH management teams began detailed planning to bring the benefits to life. Enthusiasm, already strong, continues to build throughout both organizations, as the full power of the combination moves closer to realization.”

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