Summary
Marsh & McLennan Companies (MRSH) announced a significant leadership change within its subsidiary, Marsh. Effective April 15, 2016, John Q. Doyle, formerly the CEO of AIG's global commercial insurance business, will assume the role of President of Marsh. This appointment is a strategic move to bring in experienced leadership with a strong background in commercial insurance, aiming to bolster Marsh's position as a leading insurance broker and risk advisor. Mr. Doyle will report directly to Peter Zaffino, CEO of Marsh and Chairman of Marsh & McLennan's Risk & Insurance Services segment, and will also become a member of the Company's Executive Committee, indicating his high level of influence within the organization.
Key Highlights
- 1John Q. Doyle appointed President of Marsh, effective April 15, 2016.
- 2Mr. Doyle previously served as CEO of AIG's commercial insurance business worldwide.
- 3The appointment is expected to strengthen Marsh's leadership in insurance brokerage and risk advisory services.
- 4Mr. Doyle will report to Peter Zaffino, CEO of Marsh and Chairman of the Risk & Insurance Services segment.
- 5Mr. Doyle will join the Marsh & McLennan Companies Executive Committee.