8-KLeadership ChangesExhibits & Filings

MARSH & MCLENNAN COMPANIES, INC. 8-K Report, Executive Changes (Sep 21, 2012)

Filed September 21, 2012For Securities:MRSHMMC

Summary

Marsh & McLennan Companies, Inc. (MRSH) announced a significant leadership transition in an 8-K filing on September 20, 2012. Brian Duperreault, the current President and CEO, will retire at the end of 2012. He will also step down from the Board of Directors concurrently with his retirement. Daniel S. Glaser, currently Group President and Chief Operating Officer, has been appointed as Mr. Duperreault's successor. Mr. Glaser will assume the roles of President and CEO effective January 1, 2013, and will also join the Company's Board of Directors, serving on its Executive and Finance Committees. This transition signals a continuity of leadership with Mr. Glaser, who has extensive experience within the company and the broader insurance industry.

Key Highlights

  • 1Brian Duperreault, President and CEO, will retire at year-end 2012.
  • 2Daniel S. Glaser, currently Group President and COO, will succeed Brian Duperreault as President and CEO.
  • 3The leadership transition will be effective January 1, 2013.
  • 4Daniel S. Glaser will also join the Board of Directors effective January 1, 2013.
  • 5Mr. Glaser will serve on the Board's Executive and Finance Committees.
  • 6Mr. Glaser has a long history with Marsh & McLennan, including previous leadership roles at Marsh Inc.
  • 7The filing references a press release dated September 20, 2012, for further details.

Frequently Asked Questions

Daniel S. Glaser, currently the Group President and Chief Operating Officer, has been appointed as the successor to Brian Duperreault and will become President and CEO effective January 1, 2013.

The leadership transition will be effective January 1, 2013, with Daniel S. Glaser assuming the President and CEO roles at that time.

Mr. Glaser has extensive experience within Marsh & McLennan Companies, serving as Group President and Chief Operating Officer since April 2011. He was previously Chairman and CEO of Marsh Inc. and began his career at Marsh 30 years ago, with prior senior roles at AIG.

No, Brian Duperreault will retire from the Company's Board of Directors concurrently with his retirement from his executive positions at year-end 2012.