Ruggieri to leave Swett & Crawford
Swett & Crawford chief Tom Ruggieri will depart the broker
after its acquisition by BB&T, Inside
E&S can reveal.
According to sources, the executive is currently on
administrative leave from his position as CEO of the North American
operations of Cooper, Gay, Swett & Crawford (CGSC), pending the
close of the wholesale unit's $500mn sale to the US financial
services firm.
It is understood BB&T could close its acquisition of Swett
& Crawford as early as next Thursday (1 Apr
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