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Brown & Brown appoints director of acquisitions

IBR Staff Writer Published 02 March 2011

Brown & Brown Inc, an independent insurance intermediary, has appointed Vaughn Stoll, currently regional financial officer, as company's new director of acquisitions, effective immediately.

In his new position, Stoll will be responsible for assisting the company's senior leadership and profit center leaders to identify and evaluate acquisition opportunities for the company and its subsidiaries across the US.

Stoll joined Brown & Brown as regional financial officer in April 2009, where he has been responsible for the oversight of financial operations for multiple profit centers across the US in each of the company's four business divisions- retail, wholesale brokerage, programs and services.

In addition, Stoll played a key role in numerous acquisitions for the company, taking a role from inception to due diligence, and on through completion and integration.

Prior to joining Brown & Brown, he served as chief financial officer for a publicly-held construction and environmental company, and for a private building materials firm, each in South Florida

Brown & Brown chief acquisitions officer and regional president Scott Penny said as director of acquisitions, Vaughn will play a critical part in, identifying, assessing and pursuing high-quality M&A partners with the right cultural fit for the company.