BRO · Brown & Brown, Inc.

$70.40 -0.47 (-0.66%) At close · Jul 31

Market Cap

$23.56B

334.61M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Powell Brown	CEO	$1,250,000	$1,000,000	$2,958,773	—	$3,048,000	$384,315	$8,641,088
Stephen P. Hearn	COO	$720,932	$506,749	$1,520,329	—	$1,103,193	$123,866	$3,975,069
Andrew Watts	CFO	$800,000	$750,000	$1,282,054	—	$813,000	$95,973	$3,741,027
P. Barrett Brown	Executive Vice President and President - Retail segment	$1,000,000	$500,000	$690,277	—	$1,248,000	$56,777	$3,495,054
Chris L. Walker	Chairman	$900,000	$400,000	$887,610	—	$1,138,000	$70,425	$3,396,035

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Powell Brown	CEO	$1,240,385	—	$2,952,920	—	$7,136,000	$349,472	$11,678,777
Chris L. Walker	Executive Vice President and President - National Programs segment	$896,154	—	$1,082,883	—	$2,665,000	$40,064	$4,684,101
P. Barrett Brown	Executive Vice President and President - Retail segment	$992,308	—	$688,987	—	$2,297,000	$126,616	$4,104,911
Andrew Watts	CFO	$794,231	—	$1,279,571	—	$1,903,000	$86,284	$4,063,086
J. Scott Penny	Executive Vice President and Chief Acquisitions Officer	$796,154	—	$492,098	—	$1,853,000	$80,621	$3,221,873

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Powell Brown	CEO	$1,000,000	—	$2,941,861	—	$5,500,000	$344,884	$9,786,745
Chris L. Walker	Executive Vice President and President - National Programs segment	$800,000	$300,000	$490,253	—	$1,834,000	$30,233	$3,454,486
P. Barrett Brown	Executive Vice President and President - Retail segment	$800,000	—	$490,253	—	$2,100,000	$47,475	$3,437,728
Andrew Watts	CFO	$648,077	—	$980,620	—	$1,559,000	$81,161	$3,268,858
J. Scott Penny	Executive Vice President and Chief Acquisitions Officer	$700,000	—	$490,253	—	$1,651,000	$86,942	$2,928,195

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Powell Brown	CEO	$1,000,000	—	$2,953,648	—	$2,501,000	$286,985	$6,741,633
P. Barrett Brown	Executive Vice President and President - Retail segment	$798,077	—	$2,492,134	—	$1,489,000	$331,134	$5,110,345
Chris L. Walker	Executive Vice President and President - National Programs segment	$798,077	—	$2,492,134	—	$1,501,000	$41,666	$4,832,877
J. Scott Penny	Executive Vice President and Chief Acquisitions Officer	$698,077	$20,000	$2,492,134	—	$1,261,000	$89,583	$4,560,794
Andrew Watts	CFO	$600,000	$60,000	$2,689,057	—	$981,000	$78,459	$4,408,516

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Powell Brown	CEO	$1,000,000	$1,020,000	$2,940,017	—	$3,980,000	$261,018	$9,201,035
Chris L. Walker	Executive Vice President and President - National Programs segment	$700,000	$500,000	$489,957	—	$1,991,000	$51,405	$3,732,362
P. Barrett Brown	Executive Vice President and President - Retail segment	$700,000	$500,000	$489,957	—	$1,991,000	$33,854	$3,714,811
J. Scott Penny	Executive Vice President and Chief Acquisitions Officer	$600,000	$450,000	$489,957	—	$1,792,000	$61,394	$3,393,351
Andrew Watts	CFO	$600,000	$300,000	$832,964	—	$1,393,000	$66,103	$3,192,067

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Powell Brown	CEO	$1,038,462	—	$2,948,008	—	$3,017,000	$250,830	$7,254,300
Chris L. Walker	Executive Vice President and President - National Programs segment	$724,615	—	$491,286	—	$1,801,000	$56,492	$3,073,393
J. Scott Penny	Executive Vice President and Chief Acquisitions Officer	$618,461	—	$491,286	—	$1,240,000	$89,690	$2,439,437
Andrew Watts	CFO	$618,461	—	$687,830	—	$1,020,000	$67,764	$2,394,055

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Powell Brown	CEO	$1,000,000	$250,000	$1,946,101	—	$1,750,000	$231,924	$5,178,025
Chris L. Walker	Executive Vice President and President - National Programs segment	$644,231	$153,000	$437,846	—	$1,197,000	$53,975	$2,486,052
J. Scott Penny	Executive Vice President and Chief Acquisitions Officer	$500,000	—	$437,846	—	$1,050,000	$100,439	$2,088,285
Andrew Watts	CFO	$500,000	$43,000	$583,833	—	$782,000	$62,417	$1,971,250

Executive changes

Person	Role	Change	Effective	Filed
Stephen P. Hearn	President of the Retail Segment	Appointed	2025-10-17	2025-10-20
Joia M. Johnson	director	Appointed	2025-08-13	2025-08-15
Paul M. Gallagher	principal accounting officer	Appointed	2025-05-07	2025-05-12

Key facts CIK 79282 CUSIP 115236101 13F (30d) 326 filings 297 filers Visit website Investor relations