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Brown & Brown Executive Compensation

BRO · Finance · FY2025 Data

Brown & Brown is a publicly traded company in the Finance sector.

Total Exec Pay FY2025
$3.3M
Highest Paid Executive
$750,000
Executives Tracked
4
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Data available:FY2025FY2023

Named Executive Officers — FY2025

ExecutiveYearBaseStockTotal Pay
R. Andrew Watts
Chief Financial Officer Executive Vice President and Treasurer
FY2025$750,000
Stephen P. Hearn
Executive Vice President Chief Operating Officer and President Retail Segment
FY2025$506,749
Chris L. Walker
Executive Vice President and Chairman Specialty Distribution Segment
FY2025$400,000
J. Scott Penny
Executive Vice President and Chief Acquisitions Officer
FY2023$1.7M

Compensation Analysis

Computed directly from SEC-sourced figures tracked on this page — not a general description.

Brown & Brown discloses FY2025 compensation for 4 named executive officers, totaling $3.3M. R. Andrew Watts, the Chief Financial Officer Executive Vice President and Treasurer, accounts for 23% of that combined total.

R. Andrew Watts's total compensation fell 52% year-over-year, from $1.6M in FY2023 to $750,000 in FY2025.

Among 115 other Finance companies in this dataset, Brown & Brown's combined tracked executive pay of $3.3M ranks in the 22th percentile (industry median: $9.6M). Its highest-paid executive, R. Andrew Watts, ranks in the 12th percentile for top-executive pay in the sector (industry median: $4.9M).

Historical Compensation Data

ExecutiveYearBaseStockTotal
FY2025$750,000
FY2025$506,749
FY2025$400,000
FY2023$1.7M
FY2023$1.6M
Data Source: Compensation figures are sourced from Brown & Brown's DEF 14A proxy statement filed with the U.S. Securities and Exchange Commission (SEC) via EDGAR. Figures reflect the most recently available fiscal year per executive. See something wrong? Report it.
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