Posted on 01 Mar 2011
J. Scott Penny, Chief Acquisitions Officer and Regional President of Brown & Brown, Inc., is pleased to announce that, effective immediately, Vaughn Stoll, CPA, currently Regional Financial Officer for the Company, has been selected to serve as the Company's Director of Acquisitions.
In his new position, Mr. Stoll will be responsible for assisting the Company's senior leadership and profit center leaders to identify and evaluate acquisition opportunities for the Company and its subsidiaries throughout the United States.
Mr. Stoll joined Brown & Brown as Regional Financial Officer in April 2009. In that position, Mr. Stoll has been responsible for the oversight of financial operations for multiple profit centers across the United States in each of the Company's four business divisions -- Retail, Wholesale Brokerage, Programs and Services. Additionally, Mr. Stoll has played an integral part in numerous acquisitions for the Company, taking a leading role from inception to due diligence, and on through completion and integration.
Mr. Stoll earned his Bachelor of Science degree in Accounting from the University of Florida. Additionally, he holds a Master of Accountancy degree from the University of South Florida. Mr. Stoll is also a Certified Public Accountant.
Prior to joining Brown & Brown, Mr. Stoll served as Chief Financial Officer for a publicly-held construction and environmental company, and for a private building materials firm, each in South Florida. Prior to that, Mr. Stoll served as a Tax Development Analyst for Arthur Andersen LLP, and later as Audit Supervisor for Nowlen, Holt & Miner, a regional accounting firm.
Commenting on Mr. Stoll's new role, Mr. Penny said, "We are very pleased to promote Vaughn to this very important position within our Company. In addition to organic growth, the Company's continued growth through mergers and acquisitions is a key part of our business model. As Director of Acquisitions, Vaughn will play a critical part in, identifying, assessing and pursuing high-quality M&A partners with the right cultural fit for our Company."