Neal Abernathy has been named chief executive officer of Swett & Crawford, the Woodland Hills, Calif.-based wholesale insurance broker announced.

Mr. Abernathy, who is currently the firm's president and chief operating officer, last year with board Chairman Dave Hartoch, led the company through its divesture from Aon Corp. and its formation as an independent company.

The new CEO will continue as president as well, the company said.

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