GB appoints new CEO for Australia

It's the final move in a succession plan

GB appoints new CEO for Australia

Insurance News

By Daniel Wood

Gallagher Bassett (GB), the global provider of risk and claims management services has appointed a new CEO in Australia. Pete Nicholson (pictured), the deputy CEO, will take on the role from March 31.

“Pete is a well-recognized, global leader who has successfully positioned GB Australia for planned growth and expansion,” said GB’s international executive vice president Jon Winsbury. Nicholson will report directly to Winsbury.

A GB news release said Nicholson’s new role is the culmination of a succession plan to replace current CEO John McNamara. McNamara, an industry veteran, will serve as director strategic partnerships until his planned retirement in 2023.

“I would like to thank John for his outstanding leadership and I’m looking forward to working with our accomplished and diverse talent to build on his achievements,” said Nicholson on his appointment.  

The incoming CEO joined GB Australia in 2017 as CFO and within one year was promoted to international CFO.

According to the release, Nicholson successfully led the international finance team and the mergers and acquisitions strategy, enhancing sustainable profitable growth for the company.

“While leading the international M&A strategy he has been a driving force behind many new businesses that have joined GB,” said Winsbury.

“With his breadth of experience, passion for GB’s culture and people and commitment to our business we are proud to welcome Pete to lead GB Australia,” he added.

Nicholson has more than 20 years of finance and operations experience across several industries and continents. 

The release said McNamara will continue to provide support and guidance to Nicholson and the GB’s Australian executive committee.

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