This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Crawford Leader Jeffrey T. Bowman Named One Of Georgia's Top CEOs

ATLANTA, Aug. 4, 2011 /PRNewswire/ -- Jeffrey T. Bowman, president and chief executive officer of Crawford & Company (NYSE: CRDA; CRDB), has been named one of Georgia's top CEOs in the Atlanta Business Chronicle's annual ranking of public company leaders in the state.

Based on an index that measures shareholder return for 18 months and increases in annual revenue and net income for one year, Crawford's recent financial performance earned Bowman the 11th spot on the CEOs of the Year list, published July 29. The list includes the top 25 CEOs in Georgia.

"I am pleased to be named on the top CEO list, but the credit for our improved financial results and shareholder return goes to all the employees of Crawford & Company," Bowman said. "They have worked many long hours to satisfy our clients and make the changes that have increased our revenue and profitability over the past two years. This is a particular achievement given the challenges our economy and industry have presented to us. I am proud to lead an organization of such talented professionals."

According to statistics the publication used to calculate the rankings, Crawford's share price increased 58 percent from January 2010 to June 2011. Annual revenue improved by 5.97 percent and net income by 124.49 percent in 2010.

Crawford, the world's largest independent provider of claims management solutions, turned in 2010 financial results that reflected strong performances in its Legal Settlement Administration and International Operations segments. Ongoing efforts in cost control, which reduced selling, general and administrative expenses by 3 percent year-over-year, also contributed to those results. In May, the Company also reported strong 2011 first quarter results; revenues were up 21 percent and net income increased by 298 percent.

Since becoming Crawford's president and CEO in January 2008, Bowman, who has worked in the insurance industry for some 30 years, has overseen a number of transformative initiatives in the organization. His first priorities focused on expense management and working capital, creating a pay-for-performance culture in the organization, inspiring operational efficiency and providing excellent results to clients. He also established a strategic agenda for Crawford, instituting a new planning process with his worldwide management team. That strategic agenda has included development of a global technology roadmap to guide Crawford's increased investments in advanced technology.

Bowman is a member of the Executive Committee and Board of Trustees of the Institutes, which develops courses for and confers the Chartered Property Casualty Underwriter (CPCU) certification. He also contributes a quarterly column on insurance issues and trends, "Global View," to Claims Advisor magazine and has been a featured speaker at a number of insurance and leadership conferences.

Crawford will issue its second quarter earnings release Monday, Aug. 8, at 7:00 a.m. Eastern Time. The Company will hold a conference call to discuss its quarterly earnings and other developments at 3 p.m. Eastern Time that day. For more information, visit the Investor Relations page of Crawford's website.

About Crawford

Based in Atlanta, Ga., Crawford & Company ( is the world's largest independent provider of claims management solutions to the risk management and insurance industry as well as self-insured entities, with an expansive global network serving clients in more than 70 countries. The Crawford System of Claims Solutions(SM) offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers compensation claims and medical management, and legal settlement administration. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB.

SOURCE Crawford & Company

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs