The president and CEO of Lockton has resigned effective immediately, according to a news release.
Glenn Spencer has left the company “for personal reasons,” the release said. He will be succeeded by Ron Lockton, the company’s vice chairman, according to company chairman David Lockton. Ron Lockton has served as vice chairman for the past two years as part of Lockton’s succession plan.
“Ron and I have worked together on a daily basis since he was appointed vice chairman two years ago,” David Lockton said. “I completely trust his instincts, admire his integrity, and know he will be outstanding in this role. Ron will continue to strengthen our leadership team for the long term as we focus on our future.”
“I look forward to this opportunity and the challenges that come with it,” Ron Lockton said. “Our business is strong, we have tremendous depth in our leadership team, and we are singularly focused on our stakeholders: our clients, our associates, and our communities.”