Va.-based Hilb, Rogal and Hamilton Company announced that its board of directors has approved and recommended to its shareholders, a charter amendment to change the company’s name. The proposed new name is Hilb Rogal & Hobbs Company. The acronym and the New York Stock Exchange trading symbol remain HRH. While the charter amendment will be submitted for shareholder approval at the May 2004 annual meeting, the company will begin to do business under the new name immediately.
“We are changing our name, logo and corporate identity to reflect the talent and strengths of our enterprise today,” said Martin L. Vaughan, III, chairman and chief executive officer. “By bringing together like-minded agencies and entrepreneurs through a program of carefully selected acquisitions and the attraction of professional talent, we have evolved into a powerful organization capable of delivering a broader range of customized and innovative solutions to clients of any size. These changes are designed to recognize the strategic contribution of Hobbs Group to HRH and the equity of its brand identity in the risk management community.”
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