Board member Harsha V Agadi has been appointed as interim chief executive until permanent replacement is found
Crawford & Company president and chief executive Jeffrey T Bowman is stepping down after nearly eight years at the helm of the business.
He has been with the loss adjuster for more than 24 years.
The Crawford board has appointed board member Harsha V Agadi as interim chief executive while it conducts a search for a permanent replacement for Bowman.
Agadi has been a member of the Crawford board of directors since 2010. He is the chairman and chief executive of GHS Holdings, an investment and consulting business.
Commenting on his departure Bowman said: “After nearly eight intense and challenging years as president and chief executive I have agreed with the Board to step down. I am extremely proud of what the management team has achieved in this time and where we have positioned the Company for the future.
“The Company is going through a significant transformation this year in a challenging industry environment, and I wish all the great employees working at Crawford the best of luck in the future.”
Crawford & company board non-executive chairman Charles Ogburn added: “The board would like to thank Jeff for his years of dedicated service to Crawford & Company, its clients, employees and shareholders, as well as for the many global initiatives he helped to launch to increase operational effectiveness.”