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Posted August 12, 2024
Kansas City-based Lockton Cos. announced today Tim Ryan has been appointed as the company’s U.S. president.
Ryan began his new role effective immediately on Wednesday, August, 7. Ryan will report to Ron Lockton, chairman and CEO of Lockton, and will guide Lockton’s broader leadership team to drive growth, develop strategy, set priorities, and nurture culture for the U.S. business, according to a release.
Ryan joined Lockton in 2006, bringing with him 19 years of experience as the COO of Lockton’s Northeast. As COO of the Northeast region Ryan oversaw offices in Boston, Hartford, McLean, New York, Norwalk, Philadelphia, Portland and Washington D.C.
Additionally, Ryan has 30-plus years of industry experience. Before joining Lockton, he served more than ten years as the director of the mergers and acquisitions group for Aon in New York. He also served as a consultant for Atlantic Mutual Companies as well as a consultant for the Fireman’s Fund Insurance Company, both in New York respectively, according to his LinkedIn page.
“I am incredibly excited by the opportunity to lead Lockton’s U.S. business, a company built on values that I have been proud to be associated with for nearly two decades,” Ryan said in the release. “I look forward to working with Ron, the broader leadership team, and the talented Associates across the U.S. to continue to build on Lockton’s success as a firm through serving and creating value for clients.”
Lockton’s U.S. region reported revenue of $2.43 billion and 11% growth over the prior year, its sixth consecutive year of double-digit revenue growth.