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Abandonment Of Contingent Commissions To Gain Traction

J. Patrick Gallagher Jr., the firm's chairman, president and chief executive officer, said the numbers mean the company is ahead of those who will eventually deal with a new compensation model in the

By Mark E. Ruquet | Updated on January 31, 2007

Arthur J. Gallagher said its fourth-quarter net income increased 200 percent–proving the firm has adapted to life without contingent commissions.

J. Patrick Gallagher Jr., the firm’s chairman, president and chief executive officer, said the numbers mean the company is ahead of those who will eventually deal with a new compensation model in the future.

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