Lockton has announced the appointment of Troy Cook as its new CFO.
He will assume the role at the global insurance brokerage on 24 September, and will report to chairman Ron Lockton.
In his new role, he will lead Lockton’s strategic finance function in alignment with the company’s “aggressive” growth plan.
Lockton said he brings more than 25 years of financial and operational experience to the role, having previously worked with “innovative business models, executing complex transactions”, and brings a “deep understanding” of mergers and acquisitions and capital markets to Lockton.
Most recently, Cook served for over 20 years as executive vice president and CFO at NPC International before retiring in 2018.
In a statement, the global insurance group said: “As we continue to build Lockton’s foundation for significant growth and expansion, I am excited to welcome Troy to Lockton’s leadership team.
“Troy has an impressive track record of helping companies realize exponential growth. In addition to his financial skill set, Troy is an outstanding strategic operations executive as he exhibited as an independent Lockton board member since 2018.”
It added: “His growth mindset will help to accelerate Lockton’s path to $5bn and beyond with a focus on perpetuating our private company status.”
CEO Peter Clune said: “Lockton continues to attract amazing people to our team. have hand selected people that are the very best at what they do and share our beliefs and values. Troy is a world-class CFO and a great person.”
Cook said: “I am honored to be joining the high-quality leadership team assembled and led by Ron and Peter and the uniquely dedicated associates that make Lockton an extremely attractive employer and brokerage in the marketplace.
“ I am truly energized to play a role in helping to execute upon the tremendous growth opportunities that lay before Lockton and in driving stakeholder value by leveraging the inherent foundational benefits of Lockton’s independent private company platform.”