EX-99.1 3 d926210dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS RELEASE ARTHUR J. GALLAGHER & CO. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS ROLLING MEADOWS, IL, January 30, 2025 - Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended December 31, 2024. Management will host a webcast conference call to discuss these results on Thursday, January 30, 2025 at 5:15 p.m. ET/4:15 p.m. CT. To listen to the call, and for printer-friendly formats of this release and the “CFO Commentary” and “Supplemental Quarterly Data,” which may also be referenced during the call, please visit ajg.com/IR. These documents contain both GAAP and non-GAAP measures. Investors and other users of this information should read carefully the section entitled “Information Regarding Non-GAAP Measures” beginning on page 9. Summary of Financial Results - Fourth Quarter ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────…
Open exhibit ↗Current Report · Items 2.02, 5.03, 7.01, 9.01 · 8-K
Arthur J. Gallagher & Co.
AJGNYSEEQUITYCurrent
Results of Operations and Financial Condition · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure
Item 2.02. Results of Operations and Financial Condition On January 30, 2025, Arthur J. Gallagher & Co. (the Company) issued a press release setting forth the Company’s financial results for the quarter and full year ended December 31, 2024 (the Earnings Release). A copy of the Earnings Release is attached hereto as Exhibit 99.1.
Company context
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
Current securities
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition
On January 30, 2025, Arthur J. Gallagher & Co. (the Company) issued a press release setting forth the Company’s financial results for the quarter and full year ended December 31, 2024 (the Earnings Release). A copy of the Earnings Release is attached hereto as Exhibit 99.1.
Item 5.03Item 5.03 - Amendments to Articles/Bylaws
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal year.
On January 29, 2025, the Board of Directors (the Board) of the Company approved and adopted amended and restated bylaws, effective immediately, to reflect the amendments summarized below (as so amended and restated, the Amended and Restated Bylaws).
Among other things, the amendments effected by the Amended and Restated Bylaws: (i) clarified who can serve as chairman at meetings of stockholders and the meeting chairman’s scope of authority (Sections 2.4 and 2.10); (ii) narrowed and otherwise clarified certain informational requirements applicable to all director nominees (Section 2.9); (iii) deleted the requirement to provide a description of any performance-related fees (Section 2.10); and (iv) added flexibility to approve bylaw amendments via written consent (Section 11.1).
The foregoing description of the Amended and Restated Bylaws is qualified in its entirety by reference to the Amended and Restated Bylaws which are filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure
In connection with the filing of the Earnings Release, the Company made materials entitled “Supplemental Quarterly Data” and “CFO Commentary” available through the investor relations page of its website. The CFO Commentary includes certain estimates relating to 2025 and other future results.