{"id":688749,"date":"2022-09-26T08:33:22","date_gmt":"2022-09-26T12:33:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marsh-mclennan-announces-john-q-doyle-to-succeed-daniel-s-glaser-as-president-and-chief-executive-officer\/"},"modified":"2022-09-26T08:33:22","modified_gmt":"2022-09-26T12:33:22","slug":"marsh-mclennan-announces-john-q-doyle-to-succeed-daniel-s-glaser-as-president-and-chief-executive-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marsh-mclennan-announces-john-q-doyle-to-succeed-daniel-s-glaser-as-president-and-chief-executive-officer\/","title":{"rendered":"Marsh McLennan Announces John Q. Doyle to Succeed Daniel S. Glaser as President and Chief Executive Officer"},"content":{"rendered":"

<\/p>\n

Marsh McLennan Announces John Q. Doyle to Succeed Daniel S. Glaser as \u00a0President and Chief Executive Officer<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nMarsh McLennan (NYSE: MMC), the world\u2019s leading professional services firm in the areas of risk, strategy and people, announced today that John Q. Doyle, 58, has been named President and Chief Executive Officer, effective January 1, 2023. Daniel S. Glaser, 62, will retire from Marsh McLennan at year end following a decade leading the Company through a period of extraordinary growth and change.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220926005439\/en\/<\/a><\/p>\n

\"John<\/p>\n

John Q. Doyle has been named President and Chief Executive Officer of Marsh McLennan, effective January 1, 2023. (Photo: Business Wire)<\/p>\n<\/div>\n

\nMr. Doyle has served as Group President and Chief Operating Officer of Marsh McLennan since January 2022, and prior to that was President and CEO of Marsh, the Company\u2019s risk advisory and insurance solutions business, from 2017 to 2021.\n<\/p>\n

\nMr. Glaser has served as President and Chief Executive Officer since 2013. Prior to 2013, Mr. Glaser served as Group President and Chief Operating Officer of the Company. He rejoined Marsh McLennan in December 2007 as Chairman and Chief Executive Officer of Marsh, returning to the firm where he began his career in 1982.\n<\/p>\n

\n\u201cDan has had an extraordinary impact on Marsh McLennan, shaping it into a modern, dynamic company,\u201d said H. Edward Hanway, Chairman of the Company\u2019s Board of Directors. \u201cHe expanded the business into new client segments, increased revenues from $12 billion to over $20 billion and grew the Company\u2019s colleague base. He successfully completed the Company\u2019s $5.6 billion acquisition of JLT in 2019; launched Marsh McLennan Agency which, in just over a decade, has grown to $2.5 billion of annual revenue and closed 100 acquisitions; and brought the firm together under a shared purpose. We are grateful for his contributions to the enterprise over many years.\u201d\n<\/p>\n

\n\u201cJohn has the full support of our Board. He led Marsh to outstanding earnings and revenue growth and, as Group President and COO, has found new ways to harness the collective strength of Marsh McLennan to deliver even greater impact with our clients, colleagues and communities. He is a terrific strategist and an exceptional leader who builds effective, diverse, and inclusive teams. With his leadership, the Company is well positioned for continued growth.\u201d\n<\/p>\n

\nMr. Glaser said, \u201cJohn has been an indispensable partner to me and the other members of our Executive Committee in delivering on our strategy. He knows our businesses well and is focused on creating best-in-class solutions for our clients. I am confident that this organization\u2019s extraordinary success will continue under John\u2019s leadership.\u201d\n<\/p>\n

\n\u201cIt\u2019s been an honor to lead this great Company,\u201d continued Mr. Glaser. \u201cVery few 150-year-old firms are as relevant, resilient and successful as Marsh McLennan is today. I leave with the same thought I had the day I became CEO: the best is yet to come for Marsh McLennan.\u201d\n<\/p>\n

\nMr. Doyle said, \u201cI am thankful to Dan and to our Board for their support and confidence in me. We have terrific momentum and the capabilities and expertise needed to drive innovation and growth, deliver critical client solutions and create value for shareholders. I look forward to partnering with our 83,000 colleagues to write our next chapter.\u201d\n<\/p>\n

\nUpon his retirement as President and Chief Executive Officer, Mr. Glaser will also retire from the Company\u2019s Board of Directors. Mr. Doyle will join the Board as a Director effective January 1, 2023.\n<\/p>\n

\nMr. Doyle is an insurance industry veteran with more than 30 years of management experience in commercial insurance underwriting and brokerage. He began his career at AIG and held several executive positions at the insurer, including Chief Executive Officer of AIG Commercial Insurance, and President and CEO of AIG Property and Casualty in the US.\n<\/p>\n

About Marsh McLennan<\/b><\/p>\n

Marsh McLennan<\/a> (NYSE: MMC) is the world\u2019s leading professional services firm in the areas of risk, strategy and people. The Company\u2019s 83,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh<\/a> provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter<\/a> develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer<\/a> delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman<\/a> serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com<\/a>, follow us on LinkedIn<\/a> and Twitter<\/a> or subscribe to BRINK<\/i><\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220926005439\/en\/<\/a><\/span><\/p>\n

Media:
\n<\/b>
Erick Gustafson
\n
Marsh McLennan
\n
+1 202 263 7788
\n
erick.gustafson@mmc.com
\n<\/a><\/p>\n

Investor:
\n<\/b>
Sarah DeWitt
\n
Marsh McLennan
\n
+1 212 345 6750
\n
sarah.dewitt@mmc.com<\/a><\/p>\n

KEYWORDS:<\/b> Europe United States United Kingdom North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Insurance Human Resources Finance Consulting Banking Accounting Business Professional Services Other Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
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John Q. Doyle has been named President and Chief Executive Officer of Marsh McLennan, effective January 1, 2023. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Marsh McLennan Announces John Q. Doyle to Succeed Daniel S. Glaser as \u00a0President and Chief Executive Officer NEW YORK–(BUSINESS WIRE)– Marsh McLennan (NYSE: MMC), the world\u2019s leading professional services firm in the areas of risk, strategy and people, announced today that John Q. Doyle, 58, has been named President and Chief Executive Officer, effective January 1, 2023. Daniel S. Glaser, 62, will retire from Marsh McLennan at year end following a decade leading the Company through a period of extraordinary growth and change. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220926005439\/en\/ John Q. Doyle has been named President and Chief Executive Officer of Marsh McLennan, effective January 1, 2023. (Photo: Business Wire) Mr. Doyle has served as … <\/p>\n

Continue reading “Marsh McLennan Announces John Q. Doyle to Succeed Daniel S. Glaser as President and Chief Executive Officer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688749","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMarsh McLennan Announces John Q. Doyle to Succeed Daniel S. 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Doyle, 58, has been named President and Chief Executive Officer, effective January 1, 2023. Daniel S. Glaser, 62, will retire from Marsh McLennan at year end following a decade leading the Company through a period of extraordinary growth and change. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220926005439\/en\/ John Q. Doyle has been named President and Chief Executive Officer of Marsh McLennan, effective January 1, 2023. (Photo: Business Wire) Mr. Doyle has served as … Continue reading "Marsh McLennan Announces John Q. Doyle to Succeed Daniel S. 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