Gallagher chief Ross named as Towergate boss
Move follows hot on the heels of last week’s takeover by unsecured creditors.
David Ross, chief executive officer of Arthur J Gallagher International, has been appointed as CEO of Sierra Investment Holdings, the company formed by the investors who won the race to buy troubled consolidator Towergate.
Sierra was created by Highbridge Principal Strategies (HPS) to invest in the broker and it confirmed that Ross will become CEO of Towergate after a "transition period".
Sale
Towergate put itself up for sale in November last year and after various twists and turns the unsecured
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Wakam receives PRA approval for new £500m GWP UK insurer
- Aviva’s David Martin on the art of the possible
- Brokers push for more from RSA/NIG