Hub Announces Management Changes

Chicago-based brokerage giant Hub International Ltd. appointed W. Kirk James to the newly created role of chief corporate development officer. James has served as vice president, corporate secretary and general counsel at Hub since 1999.

Meanwhile, Marianne D. Paine succeeded James and has assumed the titles of chief legal officer and assistant secretary at Hub, joining the company from a Chicago law firm where she was a founding partner. In addition to serving Hub’s Chicago-based brokerage, Mack and Parker Inc., for more than 12 years, Paine has been providing legal services to Hub since 1999 in matters such as technology procurements, mergers and acquisitions and general corporate and commercial activities.

Martin P. Hughes, Hub’s Chairman and CEO, said the latest appointments are part of company’s ongoing repositioning of management to accommodate continued growth. Hub achieved a 49 percent compound growth rate for revenue in the five years ending in 2003, operating through a highly decentralized structure. The company has announced its intention to expand its management infrastructure and systems as it focuses on its next phase of growth.

In January, Hub appointed three senior corporate executives to oversee the company’s strategic initiatives for acquisitions, operational excellence and sales culture development. These appointments resulted from a review process by the executive committee, including presidents of regional hubs and key corporate officers.