David M. Lockton
From Wikipedia, the free encyclopedia
David Lockton | |
|---|---|
 Lockton Companies Chairman of the Board; past Chief Executive Officer and President | |
| Born | Kansas City, Missouri, U.S. |
| Alma mater | Kansas State University |
| Occupation | Chairman of Lockton Companies |
David M. Lockton is chairman of the board at Lockton Companies, the largest privately owned brokerage in the world. He is the brother of the founder of Lockton Companies and has been chairman since 2003. He has aided in bringing tremendous growth to the company over the years, including becoming a billion dollar company after the 2013 fiscal year.
Lockton grew up in Kansas City, Missouri in a middle-income family. At a young age, he wanted to be a corporate attorney. In college he started out as an English major at Kansas State University, but switched to business and finance after his brother started Lockton Companies and began recruiting him to work there.[1] Lockton graduated from the university in 1975 with a bachelor's degree in business finance.[2]
Lockton and his wife have a son and daughter, along with six grandchildren. He is an avid golfer, enjoys outdoor activities such as hunting and fishing, and revels in photography.[3]
Career
After graduating from college, Lockton took a job at First National Bank of Kansas City to learn the ropes of financial services. In 1976, he quit his job and joined his brother at Lockton Companies as the ninth employee.[1]
By 1977, Lockton was the executive vice president for the company, where he stayed for four years. In 1981, Lockton became the president of Lockton Companies. After eight years as the president, Lockton earned the title of chief executive officer.[4]
In 2003, Lockton became the chairman of the board and still holds that title today. Even as the chairman, Lockton still has a personal portfolio of clients because he believes it's important to his associates to have leadership. It also helps him keep his perspective and allows him to relate to his associates as a fellow sales person. In the past ten years, David has played a significant role in leading the company through one of the fastest-growing decades in its nearly 50-year history.[1]