Board of directors (12)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (12)
Company facts
- Chair
- —
- In S&P 500 since
- Aug 1987
- Incorporated in
- DE
- Fiscal year ends
- December
- SEC industry
- Insurance Agents, Brokers & Service
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 23, 2026 | Dean Michael Klisura President & CEO, Marsh RE | Sale | 4,194 | $200.00 | $839K |
| Oct 23, 2026 | Stacy Mills Vice President and Controller | Sale | 1,215 | $200.00 | $243K |
| Sep 2, 2026 | Katherine Brennan SVP and General Counsel | Sale | 1,197 | $187.90 | $225K |
| Sep 2, 2026 | John Q. Doyle President and CEO | Sale | 16,656 | $188.51 | $3.1M |
| Aug 6, 2026 | John Jude Jones Chief Marketing Officer | Sale | 6,500 | $191.96 | $1.2M |
| Jul 29, 2026 | Paul Beswick SVP, Chief Information Officer | Sale | 713 | $198.00 | $141K |
| Jul 28, 2026 | Martin South Chief Client Officer | Sale | 7,100 | $189.99 | $1.3M |
| Jul 23, 2026 | Lloyd M. Yates Director | Sale | 12,000 | $175.65 | $2.1M |
| Jun 2, 2026 | John Q. Doyle President and CEO | Sale | 16,656 | $161.71 | $2.7M |
| Mar 11, 2026 | John Jude Jones Chief Marketing Officer | Sale | 2,362 | $173.61 | $410K |
| Mar 4, 2026 | John Q. Doyle President and CEO | Sale | 16,655 | $183.30 | $3.1M |
| Mar 3, 2026 | Nicholas Mark Studer President and CEO Marsh Risk | Sale | 3,837 | $184.03 | $706K |
| Dec 1, 2025 | John Q. Doyle President and CEO | Sale | 21,079 | $182.22 | $3.8M |
| Sep 2, 2025 | John Q. Doyle President and CEO | Sale | 21,079 | $205.65 | $4.3M |
| Jul 30, 2025 | Anthony Anderson Director | Buy | 500 | $201.03 | $101K |
| Jul 29, 2025 | Anthony Anderson Director | Buy | 500 | $202.20 | $101K |
| Jun 2, 2025 | John Q. Doyle President and CEO | Sale | 21,080 | $232.05 | $4.9M |
| Apr 3, 2025 | Paul Beswick SVP, Chief Information Officer | Sale | 2,237 | $246.00 | $550K |
| Mar 31, 2025 | Dean Michael Klisura President & CEO, Marsh RE | Sale | 9,569 | $245.00 | $2.3M |
| Mar 12, 2025 | Nicholas Mark Studer President and CEO Marsh Risk | Sale | 49,390 | $230.16 | $11.4M |
| Mar 10, 2025 | Dean Michael Klisura President & CEO, Marsh RE | Sale | 7,121 | $234.97 | $1.7M |
| Mar 10, 2025 | Mark C. McGivney EVP, CFO and COO | Sale | 10,510 | $234.97 | $2.5M |
| Mar 10, 2025 | Stacy Mills Vice President and Controller | Sale | 1,317 | $234.97 | $309K |
| Mar 6, 2025 | John Jude Jones Chief Marketing Officer | Sale | 5,057 | $234.84 | $1.2M |
| Mar 6, 2025 | John Jude Jones Chief Marketing Officer | Sale | 4,743 | $235.37 | $1.1M |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- Apr 14, 2026
On April 14, 2026, Marsh & McLennan Companies, Inc. (the “Company”) announced that effective April 15, Mark McGivney will be appointed Executive Vice President, Chief Operating Officer & Chief Financial Officer. Mr. McGivney has served as Senior Vice President and Chief Financial Officer of Marsh since January 2016. On April 8, 2026, in connection with his increased responsibilities, the Compensation Committee of the Company’s Board of Directors approved the terms of Mr. McGivney’s employment as Executive Vice President, Chief Operating Officer & Chief Financial Officer. Effective April 15, 2026, Mr. McGivney will receive an annual base salary of $1,250,000. Mr. McGivney will be eligible for an annual bonus with a target of $3,450,000 commencing with the 2026 performance year (awarded in February 2027). Mr.
Read the 8-K filing - Mar 10, 2026
On March 10, 2026, Marsh & McLennan Companies, Inc. (the “Company”) announced that Nick Studer, will succeed Martin South as President and Chief Executive Officer of Marsh Risk, effective April 1, 2026. Mr. Studer has served as Chief Executive Officer of Oliver Wyman and Marsh Management Consulting since July 2021. He first joined the Company in 1997 and has held various senior positions at Oliver Wyman, including Managing Partner of the Financial Services Practice Group, Head of the European Finance and Risk Practice and Global Head of the Corporate and Institutional Banking practice. The Company also announced that Martin South will become the Senior Vice President and Chief Client Officer of the Company, effective April 1, 2026. Both Mr. South and Mr.
Read the 8-K filing - Feb 25, 2026
(d) On February 25, 2026, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Peter Harrison, age 59, as an independent member of the Board, effective immediately. Mr. Harrison’s Board committee assignments have not yet been determined. The Company expects to disclose such assignments in its definitive proxy statement for its 2026 Annual Meeting of Stockholders. As a non-management director, Mr. Harrison will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. A copy of the Company's press release, dated February 25, 2026, announcing the appointment of Mr. Harrison is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Read the 8-K filing - Jul 9, 2025
(d) On July 9, 2025, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Bruce Broussard, age 63, as an independent member of the Board, effective immediately. The Board also appointed Mr. Broussard to its Audit Committee, having determined that he satisfies all the applicable requirements to serve on such committee, including independence standards. As a non-management director, Mr. Broussard will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. A copy of the Company's press release, dated July 9, 2025, announcing the appointment of Mr. Broussard is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Read the 8-K filing - Jul 10, 2024
(d) On July 10, 2024, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Jan Siegmund, age 60, as an independent member of the Board, effective immediately. The Board appointed Mr. Siegmund to its Audit Committee, having determined that he satisfies all the applicable requirements to serve on such committee, including independence standards. As a non-management director, Mr. Siegmund will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. A copy of the Company's press release, dated July 10, 2024, announcing the appointment of Mr. Siegmund is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Read the 8-K filing - Mar 14, 2024
(b) On March 8, 2024, Bruce P. Nolop, a member of the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) since 2008, informed the Company of his intention to retire from the Board at the 2024 annual meeting of stockholders. His decision is for personal health reasons and not due to any disagreement with the Company on any matter relating to its operations, policies or practices. The Board of Directors and management thank Mr. Nolop for his service and meaningful contributions to the Company over the past 16 years, including as chair of the Audit Committee from 2017 to 2024. 2
Read the 8-K filing - Feb 23, 2024
(e) On February 22, 2024, the Compensation Committee of the board of directors of Marsh & McLennan Companies, Inc. (the “Company”), amended the terms of the employment letters with the Company’s Chief Executive Officer, John Q. Doyle and Chief Financial Officer, Mark C. McGivney. Mr. Doyle will receive an annual base salary of $1,500,000, effective April 1, 2024. Mr. Doyle will be eligible for an annual bonus with a target of $3,750,000 commencing with the 2024 performance year (awarded in 2025) and he will be eligible for an annual long-term incentive (LTI) award with a target value of $13,750,000 commencing with the award to be made in 2024. Mr. McGivney will receive an annual base salary of $1,000,000, effective April 1, 2024. Mr.
Read the 8-K filing - Feb 9, 2024
(b) On February 5, 2024, Raymond G. Young, a member of the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”), informed the Company of his intention not to stand for re-election at the Company’s 2024 annual meeting of stockholders on May 16, 2024. Mr. Young’s decision is not due to any disagreement with the Company on any matter relating to its operations, policies or practices. The Board and management thank Mr. Young for his service and contributions to the Company during his tenure. 2
Read the 8-K filing - Oct 12, 2023
(b) On October 9, 2023, Martine Ferland informed Marsh & McLennan Companies, Inc. (the “Company”) of her intention to retire as Mercer’s President and Chief Executive Officer on March 31, 2024.
Read the 8-K filing - Jun 12, 2023
(b) Hafize Gaye Erkan, a member of the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) since early 2022, resigned from the Board effective June 12, 2023. Ms. Erkan’s resignation comes following her recent appointment as Governor of Türkiye’s Central Bank and is not due to any disagreement with the Company on any matter relating to its operations, policies or practices. A copy of the Company's press release, dated June 12, 2023, announcing the resignation of Ms. Erkan is attached hereto as Exhibit 99.1 and incorporated herein by reference. 2
Read the 8-K filing - Mar 29, 2023
(d) On March 29, 2023, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Judith Hartmann, age 53, and Ray G. Young, age 61, as independent members of the Board, effective immediately. The Board appointed Ms. Hartmann and Mr. Young to its Audit Committee, having determined that they satisfy all the applicable requirements to serve on such committee, including independence standards. As non-management directors, Ms. Hartmann and Mr. Young will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2021. A copy of the Company's press release, dated March 29, 2023, announcing the appointment of Ms. Hartmann and Mr.
Read the 8-K filing - Nov 14, 2022
(c) On September 26, 2022, Marsh & McLennan Companies, Inc. (the “Company”) filed a Current Report on Form 8-K related to the appointment of John Q. Doyle as President and Chief Executive Officer effective January 1, 2023. At that time, the terms of the letter agreement with Mr. Doyle were not available. This Amendment is being filed to report a summary of the principal terms of the letter agreement with Mr. Doyle governing the terms of his employment as President and Chief Executive Officer. On November 10, 2022, the Company entered into a letter agreement with Mr. Doyle governing the terms of his employment as President and Chief Executive Officer, effective as of January 1, 2023. The principal terms of Mr. Doyle’s letter agreement are summarized below. Salary and Bonus . Mr. Doyle will receive an annual base salary of $1,400,000 effective January 1, 2023. Mr.
Read the 8-K filing - Sep 26, 2022
(c) On September 23, 2022, Daniel S. Glaser, 62, informed the Board of Directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) of his intention to retire as the Company’s President and Chief Executive Officer at the end of the year. Mr. Glaser will also retire from the Company’s Board concurrent with his retirement from the Company. In addition, on September 23, 2022, the Board named John Q. Doyle, 58, currently the Company’s Group President and Chief Operating Officer, as Mr. Glaser’s successor and he will become President and Chief Executive Officer, effective January 1, 2023. In addition, Mr. Doyle will become a director of the Company effective January 1, 2023. Upon joining the Board, Mr. Doyle will serve as a member of the Board’s Finance Committee. Mr.
Read the 8-K filing - Mar 29, 2022
(d) On February 14, 2022, the Company filed a Current Report on Form 8-K disclosing that the Board of Directors (the “Board”) of Marsh & McLennan Companies, Inc. elected Hafize Gaye Erkan as an independent member of the Board, effective March 1, 2022. At that time, Ms. Erkan had not been appointed to any committees of the Board. On March 24, 2022, the Board appointed Ms. Erkan to its Audit Committee and its Directors and Governance Committee, having previously determined that she satisfies all the applicable requirements to serve on such Committees, including independence standards. 2
Read the 8-K filing - Feb 14, 2022
(d) On February 11, 2022, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Hafize Gaye Erkan, age 42, as an independent member of the Board, effective March 1, 2022. As a non-management director, Ms. Erkan will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2021. A copy of the Company's press release, dated February 14, 2022, announcing the appointment of Ms. Erkan is attached hereto as Exhibit 99.1 and incorporated herein by reference. 2
Read the 8-K filing
Show 12 older changes
- Nov 22, 2021
On November 18, 2021, Marsh & McLennan Companies, Inc. (the “Company”) announced that, effective January 1, 2022, John Doyle, 57, will be appointed Group President and Chief Operating Officer. He will continue in his role as Vice Chair of the Company. Mr. Doyle has served as the President and Chief Executive Officer of Marsh LLC since July 2017, and as President of Marsh since April 2016. In connection with his increased responsibilities, Mr. Doyle will receive a $1 million grant of stock units on January 1, 2022 that is scheduled to vest on January 15, 2025. The Company also announced that Martin South, President of Marsh US and Canada, will succeed Mr. Doyle as President and Chief Executive Officer of Marsh LLC, effective January 1, 2022. He will also be appointed Vice Chair of the Company. Previously, Mr.
Read the 8-K filing - Apr 29, 2020
(e) On April 29, 2020, the Company entered into an agreement with Dominic Burke, Vice Chairman of the Company, to amend the terms of Mr. Burke’s employment letter to align with the standard terms of the Company’s executive compensation program. The amendment removes a single-trigger cash severance provision held over from Mr. Burke’s prior employment agreement with Jardine Lloyd Thompson plc, and provides that effective April 29, 2020, Mr. Burke will be eligible for severance payments and benefits solely pursuant to the terms of the Marsh & McLennan Companies, Inc. Senior Executive Severance Pay Plan. The Company acquired Jardine Lloyd Thompson plc on April 1, 2019. The foregoing summary is qualified in its entirety by reference to Mr.
Read the 8-K filing - Mar 18, 2020
(d) On February 19, 2020, the Company filed a Current Report on Form 8-K disclosing that the Board of Directors (the “Board”) of Marsh & McLennan Companies, Inc. elected Jane H. Lute as an independent member of the Board, effective March 1, 2020. At that time, Ms. Lute had not been appointed to any committees of the Board. On March 12, 2020, the Board appointed Ms. Lute to its Audit Committee and its ESG Committee, having previously determined that she satisfies all the applicable requirements to serve on such Committees, including independence standards.
Read the 8-K filing - Feb 19, 2020
(d) On February 19, 2020, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) elected Jane H. Lute as an independent member of the Board, effective March 1, 2020. As a non-management director, Ms. Lute will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2018. A copy of the Company's press release, dated February 19, 2020, announcing the election of Ms. Lute is attached hereto as Exhibit 99.1 and incorporated herein by reference. 2
Read the 8-K filing - Jul 18, 2019
(d) On July 18, 2019, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) elected Tamara Ingram as an independent member of the Board, effective July 19, 2019. The Board has appointed Ms. Ingram to serve on its audit and corporate responsibility committees. As a non-management director, Ms. Ingram will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2018. A copy of the Company's press release, dated July 18, 2019, announcing the election of Ms. Ingram is attached hereto as Exhibit 99.1 and incorporated herein by reference. 2
Read the 8-K filing - Jan 18, 2019
(b) On January 16, 2019, Marsh & McLennan Companies, Inc. (the “Company”) announced the appointment of Julio A. Portalatin as Vice Chairman of the Company effective March 1, 2019. Mr. Portalatin currently serves as President and Chief Executive Officer of Mercer. As Vice Chairman, Mr. Portalatin will continue to report to the Company’s President and CEO, Dan Glaser, and will no longer serve as a member of the Company’s Executive Committee. (e) On January 16, 2019, the Compensation Committee of the Company’s Board of Directors approved the terms of Mr. Portalatin’s employment as Vice Chairman of the Company effective March 1, 2019. The principal terms are summarized below. Mr. Portalatin will receive an annual base salary of $500,000. Mr. Portalatin will be eligible for an annual bonus with a target of $1,000,000 commencing with the 2019 performance year (awarded in 2020). Mr.
Read the 8-K filing - Dec 15, 2017
On December 14, 2017, Marsh & McLennan Companies, Inc. (the “Company”) issued a press release announcing the retirement of Robert J. Rapport, our Senior Vice President & Controller and Chief Accounting Officer. Mr. Rapport will remain our Senior Vice President & Controller and Chief Accounting Officer through December 31, 2017, and Stacy Mills, age 53, currently Vice President & Deputy Controller, will assume the role of Vice President & Controller and Chief Accounting Officer effective January 1, 2018. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. Ms. Mills will receive salary, bonus and equity awards, and will participate in other benefit and compensation plans, at levels consistent with her seniority and scope of responsibility. 2
Read the 8-K filing - Jul 5, 2017
On July 5, 2017, Marsh & McLennan Companies, Inc. (the "Company") announced that Peter Zaffino, Chairman of the Company’s Risk & Insurance Services segment and Chief Executive Officer of Marsh LLC, has resigned and will accept a leadership role at AIG. Mr. Zaffino will continue to be employed by the Company until July 21, 2017 in order to assist in the transition of his duties.
Read the 8-K filing - Dec 14, 2016
(d) On December 14, 2016, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) elected Deborah C. Hopkins as an independent member of the Board, effective January 1, 2017. As a non-management director, Ms. Hopkins will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.6 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2016. A copy of the Company's press release, dated December 14, 2016, announcing the election of Ms. Hopkins is attached hereto as Exhibit 99.1 and incorporated herein by reference. 2
Read the 8-K filing - Oct 20, 2016
On October 19, 2016, Marsh & McLennan Companies, Inc. (the “Company”) amended its U.S. defined benefit retirement plans to discontinue further benefit accruals at the end of the year. At the same time, the Company amended its U.S. defined contribution retirement plans for most of its U.S. employees to add an automatic Company contribution equal to 4% of eligible base pay beginning on January 1, 2017. This new Company contribution, together with the Company’s current matching contribution, provides eligible U.S. employees with the opportunity to receive a total contribution of up to 7% of eligible base pay. These actions are designed to better position the Company for sustained growth in the future. These changes affect the Company’s U.S. qualified retirement plans as well as its U.S.
Read the 8-K filing - Sep 21, 2016
(d) On September 21, 2016, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) elected Anthony K. Anderson as an independent member of the Board, effective immediately. The Board has appointed Mr. Anderson to serve on its audit and corporate responsibility committees. As a non-management director, Mr. Anderson will be compensated as described in “Description of Compensation Arrangements for Independent Directors”, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2014. A copy of the Company's press release, dated September 21, 2016, announcing the election of Mr. Anderson is attached hereto as Exhibit 99.1 and incorporated herein by reference. 2
Read the 8-K filing - Jun 8, 2016
Maria Silvia Bastos Marques, a member of the Board of Directors (the “Board”) of Marsh & McLennan Companies, Inc. (the "Company") since 2015, resigned from the Board effective June 6, 2016. Ms. Marques’ resignation comes following her appointment by Brazil’s interim President Michel Temer as the President of Brazil’s state-owned development bank, Banco Nacional de Desenvolvimento Economico e Social, known as BNDES. A copy of the related press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Company is disclosing this information in accordance with
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $27.0B | $4.2B | 15.4% | $8.43 | $58.7B |
| FY2024 | $24.5B | $4.1B | 16.6% | $8.18 | $56.5B |
| FY2023 | $22.7B | $3.8B | 16.5% | $7.53 | $48.0B |
| FY2022 | $20.7B | $3.0B | 14.7% | $6.04 | $44.1B |
| FY2021 | $19.8B | $3.1B | 15.9% | $6.13 | $44.0B |
| FY2020 | $17.2B | $2.0B | 11.7% | $3.94 | $33.0B |
| FY2019 | $16.7B | $1.7B | 10.5% | $3.41 | $31.4B |
| FY2018 | $14.9B | $1.6B | 11.0% | $3.23 | $21.6B |
Former directors and officers (20)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.