Michael Rea tipped to join Gallagher

Michael Rea

Speculation mounts about ex-Towergate COO being on his way to the consolidator.

Michael Rea, former chief operating officer at Towergate, could be on his way to join Arthur J Gallagher, according to increasing speculation among sources in the market.

Rea left Towergate in February this year when the consolidator announced its new executive team following its refinancing deal.

He was appointed Towergate COO in October 2014 and prior to that he was chief executive officer of the broker's retail business.

Rea has also worked as CEO of Towergate-owned Cullum Capital Ventures

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