Mr. Gellerstedt has served as Chairman of the Board and Chief Executive Officer of Cousins Properties Incorporated (Cousins) since July 2017. He previously served Cousins from July 2009 to July 2017 as President and Chief Executive Officer, during which period he led Cousins from an equity market cap of $665 million to over $3.8 billion. Prior to this time, he held other roles at Cousins, including President and Chief Operating Officer, Executive Vice President and Chief Development Officer, and Senior Vice President and President of the Office/Multi-Family Division. Mr. Gellerstedt joined Cousins in 2005 following the acquisition of his firm, The Gellerstedt Group.
Mr. Gellerstedt began his career at Beers Construction Company (Beers) in 1978 as an estimator and project manager. Eight years later, he became Chairman and Chief Executive Officer of Beers and led the company to annual revenues in excess of $1.2 billion and the company’s eventual sale to Skanska AB. He also has held positions as President and Chief Operating Officer of The Integral Group, recognized nationally for its visionary urban mixed-use development, and as Chairman and Chief Executive Officer of American Business Products, a NYSE-listed manufacturer of packaging and printed office products.
Mr. Gellerstedt holds a degree from the University of North Carolina at Chapel Hill. In addition to his roles at Cousins, Mr. Gellerstedt serves as Director, Georgia Power Company; Chairman, Atlanta Committee for Progress, Georgia Research Alliance and Jesse Parker Williams Foundation; Vice Chairman, Robert W. Woodruff Foundation; and Chair Emeritus, Metro Atlanta Chamber. Mr. Gellerstedt has received numerous accolades, including Atlanta American Jewish Committee National Human Relations of the Year Award, Atlanta Business Chronicle Most Admired CEO, Georgia Trend magazine’s Georgia’s Most Admired CEO and 100 Most Influential Georgians.
What is Lawerence L. Gellerstedt, III's net worth?
The estimated net worth of Lawerence L. Gellerstedt, III is at least $2.00 million as of February 10th, 2023. Mr. Gellerstedt, III owns 16,284 shares of Brown & Brown stock worth more than $2,002,460 as of March 29th. This net worth estimate does not reflect any other investments that Mr. Gellerstedt, III may own. Learn More about Lawerence L. Gellerstedt, III's net worth.
How do I contact Lawerence L. Gellerstedt, III?
Has Lawerence L. Gellerstedt, III been buying or selling shares of Brown & Brown?
Lawerence L. Gellerstedt, III has not been actively trading shares of Brown & Brown within the last three months. Most recently, on Friday, February 10th, Lawrence L. Gellerstedt III bought 3,400 shares of Brown & Brown stock. The stock was acquired at an average cost of $57.92 per share, with a total value of $196,928.00. Following the completion of the transaction, the director now directly owns 16,284 shares of the company's stock, valued at $943,169.28. Learn More on Lawerence L. Gellerstedt, III's trading history.
Who are Brown & Brown's active insiders?
Brown & Brown's insider roster includes Stephen Boyd (EVP), Hugh Brown (Director), Hyatt Brown (Chairman), Lawerence Gellerstedt, III (Director), James Hays (Director), Robert Lloyd (EVP), Bronislaw Masojada (Director), H. Proctor, Jr. (Director), and R. Andrew Watts (EVP, CFO & Treasurer). Learn More on Brown & Brown's active insiders.
Are insiders buying or selling shares of Brown & Brown?
In the last twelve months, insiders at the financial services provider sold shares 3 times. They sold a total of 140,490 shares worth more than $14,623,258.40. The most recent insider tranaction occured on August, 29th when Chairman Hyatt J Brown sold 134,640 shares worth more than $14,071,226.40. Insiders at Brown & Brown own 17.0% of the company.
Learn More about insider trades at Brown & Brown. Information on this page was last updated on 8/29/2024.
