Joel D.  Cavaness net worth and biography

Joel Cavaness Biography and Net Worth

Joel D. Cavaness joined Gallagher in 1986 as a marketing representative in Gallagher’s St. Louis office, after spending several years as a casualty underwriter for standard and excess/surplus lines carriers. He worked his way up to area vice president by 1990, then relocated to Gallagher’s home office outside Chicago in 1996 to lead International Special Risk Services, Inc. In 1997, he co-founded Risk Placement Services, Inc. (RPS) and led its growth to become one of the largest U.S. wholesale brokers, managing general agents and program managers. In 2000, he was appointed a corporate vice president of Gallagher.

Mr. Cavaness is very active in the Wholesale & Specialty Insurance Association (WSIA), having served on the board of directors since 2010. He holds both CPCU and ARM designations.

He holds a Bachelor’s of Science in Business Administration from Southeast Missouri State University.

What is Joel D. Cavaness' net worth?

The estimated net worth of Joel D. Cavaness is at least $521,266.41 as of March 18th, 2024. Mr. Cavaness owns 2,023 shares of Arthur J. Gallagher & Co. stock worth more than $521,266 as of May 19th. This net worth approximation does not reflect any other assets that Mr. Cavaness may own. Learn More about Joel D. Cavaness' net worth.

How do I contact Joel D. Cavaness?

The corporate mailing address for Mr. Cavaness and other Arthur J. Gallagher & Co. executives is 2850 GOLF ROAD, ROLLING MEADOWS IL, 60008. Arthur J. Gallagher & Co. can also be reached via phone at (630) 773-3800 and via email at [email protected]. Learn More on Joel D. Cavaness' contact information.

Has Joel D. Cavaness been buying or selling shares of Arthur J. Gallagher & Co.?

Joel D. Cavaness has not been actively trading shares of Arthur J. Gallagher & Co. during the last quarter. Most recently, Joel D. Cavaness sold 1,207 shares of the business's stock in a transaction on Monday, March 18th. The shares were sold at an average price of $255.20, for a transaction totalling $308,026.40. Following the completion of the sale, the vice president now directly owns 2,023 shares of the company's stock, valued at $516,269.60. Learn More on Joel D. Cavaness' trading history.

Who are Arthur J. Gallagher & Co.'s active insiders?

Arthur J. Gallagher & Co.'s insider roster includes Sherry Barrat (Director), William Bax (Director), Walter Bay (General Counsel), Richard Cary (CAO), Joel Cavaness (VP), Frank English, Jr. (Director), Patrick Gallagher (VP), Thomas Gallagher (VP), J. Gallagher, Jr. (CEO), Douglas Howell (CFO), Scott Hudson (VP), David Johnson (Director), Kay McCurdy (Director), Christopher Mead (VP), Susan Pietrucha (Insider), and William Ziebell (VP). Learn More on Arthur J. Gallagher & Co.'s active insiders.

Are insiders buying or selling shares of Arthur J. Gallagher & Co.?

During the last year, insiders at the financial services provider sold shares 17 times. They sold a total of 172,492 shares worth more than $40,749,892.00. The most recent insider tranaction occured on May, 10th when CFO Douglas K Howell sold 16,000 shares worth more than $3,974,560.00. Insiders at Arthur J. Gallagher & Co. own 1.6% of the company. Learn More about insider trades at Arthur J. Gallagher & Co..

Information on this page was last updated on 5/10/2024.

Joel D. Cavaness Insider Trading History at Arthur J. Gallagher & Co.

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/18/2024Sell1,207$255.20$308,026.402,023View SEC Filing Icon  
10/31/2023Sell1,171$236.05$276,414.552,023View SEC Filing Icon  
6/8/2023Sell2,750$204.23$561,632.502,023View SEC Filing Icon  
5/4/2023Sell33,300$210.57$7,011,981.00135,178View SEC Filing Icon  
11/18/2022Sell10,000$192.72$1,927,200.00111,087View SEC Filing Icon  
8/11/2022Sell16,200$187.07$3,030,534.00121,087View SEC Filing Icon  
11/16/2021Sell11,600$167.00$1,937,200.00View SEC Filing Icon  
8/3/2017Sell10,000$58.73$587,300.0096,186View SEC Filing Icon  
See Full Table

Joel D. Cavaness Buying and Selling Activity at Arthur J. Gallagher & Co.

This chart shows Joel D Cavaness's buying and selling at Arthur J. Gallagher & Co. by year and by quarter.

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Arthur J. Gallagher & Co. Company Overview

Arthur J. Gallagher & Co. logo
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.
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Today's Range

Now: $257.67
Low: $254.82
High: $258.20

50 Day Range

MA: $244.46
Low: $230.52
High: $257.67

2 Week Range

Now: $257.67
Low: $198.52
High: $258.20


708,000 shs

Average Volume

852,557 shs

Market Capitalization

$56.30 billion

P/E Ratio


Dividend Yield