AJG · 8-K · 20261029PR068263

Headcount / Restructuring

Arthur J. Gallagher & Co. · 2026-10-29 · Importance 65 · Surprise 82

Third-quarter 2026 Brokerage workforce and lease termination charges were $35 million, up from $22 million a year earlier, and Risk Management recorded $1 million versus $4 million. For the first nine months, Brokerage recorded $102 million of these charges, compared with $77 million in 2025; Risk Management recorded $4 million versus $11 million. At September 30, 2026, Gallagher reported 74,614 employees, up from 71,059 a year earlier, including 57,587 in Brokerage and 11,454 in Risk Management. The release separately reports headcount controls and employee-benefit savings as factors reducing Risk Management’s compensation expense ratio.

Key facts

• At September 30, 2026, Gallagher’s workforce included 57,587 employees in Brokerage, 11,454 in Risk Management and 74,614 company-wide. source