Marsh McLennan CEO Dan Glaser to retire Dec 31; John Doyle named successor effective Jan 1, 2023

MARSH & MCLENNAN COMPANIES, INC.

Daniel S. Glaser, 62, retires as President & CEO after leading since 2013; revenue grew from $12B to over $20B.
John Q. Doyle, 58, current Group President & COO, becomes President & CEO effective January 1, 2023, and joins Board.
Doyle previously led Marsh LLC (2017-2021), oversaw revenue growth and acquisitions; also served at AIG.
Completed $5.6B acquisition of JLT in 2019; Marsh McLennan Agency grew to $2.5B annual revenue with 100 acquisitions.
Compensation Committee amended Glaser's PSU awards to allow vesting upon meeting transition conditions.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Daniel S. Glaser

President and Chief Executive Officer

MRSH · MARSH & MCLENNAN COMPANIES, INC.

Effective: 2022-12-31
Successor: John Q. Doyle
Filed: September 26, 2022, 7:59 PM ET

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.

Appointed

John Q. Doyle

Director

MRSH · MARSH & MCLENNAN COMPANIES, INC.

Effective: 2023-01-01
Filed: September 26, 2022, 7:59 PM ET

In addition, Mr. Doyle will become a director of the Company effective January 1, 2023.

Appointed

John Q. Doyle

President and Chief Executive Officer

MRSH · MARSH & MCLENNAN COMPANIES, INC.

Effective: 2023-01-01
Filed: September 26, 2022, 7:59 PM ET

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.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel S. Glaser departed as President and Chief Executive Officer at MARSH & MCLENNAN COMPANIES, INC..

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

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.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Q. Doyle was appointed as Director at MARSH & MCLENNAN COMPANIES, INC..

Action: appointed
Role: Director

Exact text from the filing

In addition, Mr. Doyle will become a director of the Company effective January 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Q. Doyle was appointed as President and Chief Executive Officer at MARSH & MCLENNAN COMPANIES, INC..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

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.

View on SEC.gov

MARSH & MCLENNAN COMPANIES, INC. filing history →

Source: SEC EDGAR

accession 0000062709-22-000072

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