San Francisco, Calif.-based Woodruff-Sawyer & Co. announced that Charlie Rosson will step down as CEO effective Dec. 31.
Woodruff-Sawyer’s board of directors has formed a search committee to identify Rosson’s successor. The search process, which is already under way, will focus on internal candidates, according to the firm.
The board has established a committee composed of Chairman Stan Loar and Directors Kristine Furrer and Chuck Shoemaker, to work with Rosson on the transition. The board also created vice chair positions and elected Furrer and Shoemaker to those roles.
“Under Charlie’s stewardship, we achieved remarkable growth, with annual revenues nearly doubling. His keen intellect and strategic vision enabled us to successfully enter new practice areas, expand our geographic reach and maintain our reputation for delivering highly valued services and counsel,” Loar said in a statement.
A statement from Rosson did not detail his reasons for departing.
Rosson joined Woodruff-Sawyer in 2004 as employee benefits practice leader. He was named CEO in 2008. He has 23 years of experience in the insurance industry, and is the immediate past chairman of Assurex Global, an independent insurance brokerage network.
Woodruff-Sawyer has offices throughout California, and in Oregon, Washington, Colorado, Hawaii and New England.
Related:
- Rosson of Woodruff-Sawyer in California Named Assurex Global Chair
- Woodruff-Sawyer & Co. Names New Leadership
Topics California
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