Brown & Brown CEO J. Powell Brown takes leave of absencePosted On: Jan. 30, 2012 12:00 AM CST
DAYTONA BEACH, Fla.—Brown & Brown Inc. President and CEO J. Powell Brown, 44, has taken a temporary leave of absence for health reasons, according to a document filed with the U.S. Securities and Exchange Commission by the brokerage on Monday.
The filing said the leave was effective Sunday.
The filing said Mr. Brown's father, J. Hyatt Brown, will assume the younger Mr. Brown's duties.
The elder Mr. Brown served as CEO of the company until retiring in 2009. He has been chairman of the company's board since 1994.
The younger Mr. Brown succeeded his father as CEO of the company in 2009. He became president of the company in 2007.