leadership
confidence high
sentiment neutral
materiality 0.60
Marsh & McLennan discloses CEO John Doyle’s employment terms: $1.4M salary, $3.5M bonus target
MARSH & MCLENNAN COMPANIES, INC.
- Base salary of $1,400,000; annual target bonus of $3,500,000 (range 0-200% of target) for 2023.
- Long-term incentive target of $11,100,000 grant-date fair value commencing with 2023 award.
- Participates in Senior Executive Severance Plan; severance equals 1-year salary plus average of prior 3-year bonuses.
- Subject to 24-month non-competition and non-solicitation restrictions post-termination.
- Perquisites include car and driver, personal aircraft use up to $130,000 incremental cost per year.