Cooper Gay & Co. Ltd., the insurance and reinsurance intermediary, has appointed Gordon Newman as chief executive officer. His appointment follows last month’s acquisition of Newman Martin and Buchan LLP (NMB).
The company said Sam Hovey, previous CEO of Cooper Gay, has resigned and left the company. Hovey was named CEO in April, 2012, after serving as chief financial officer for a little more than a year.
Newman will remain CEO of NMB and will be joined on both the Cooper Gay and NMB boards by non-executive Chairman John Whiter. Whiter also sits on the Cooper Gay Swett and Crawford group board.
Toby Esser, Group CEO of Cooper Gay Swett & Crawford, said Gordon’s appointment as CEO of Cooper Gay is a “key milestone” as the firm restructures its management team to integrate NMB.
Cooper Gay is headquartered in London and operates at Lloyd’s. It is part of the Cooper Gay Swett & Crawford Group.
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