Holmes Murphy & Associates' chairman Jim Swift will move into a new role as director of development opportunities.
Holmes Murphy is the 26th largest independent risk management and insurance brokerage firm in the US.
As director of development opportunities, Swift will oversee Holmes Murphy's strategic acquisitions and related growth plans.
Swift joined the company as an account executive in 1980. By 1988, he had advanced to the position of senior vice president of sales. He served as Holmes Murphy's president before being named CEO in 2007 and chairman and CEO in 2009.
Daniel Keough, CEO, said: "Jim Swift's leadership has been critical to Holmes Murphy's significant growth in the last decade. His dedication to creating business relationships of the highest standards and passion for laying the foundation for lasting partnerships has facilitated our strengthened success."
Den Bishop, president, said: "Jim's focus has been on delivering dynamic growth, being the employer of choice and providing unsurpassed service excellence to our clients and partners while maintaining our proud heritage as a privately-held company. He exemplifies our core values of expert know-how, exceptional service and integrity."