secwatch.observer — SEC 8-K summary
======================================

Issuer:     MARSH & MCLENNAN COMPANIES, INC. (MRSH)
CIK:        0000062709
Form:       8-K/A
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0000062709-22-000088
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marsh & McLennan discloses CEO John Doyle’s employment terms: $1.4M salary, $3.5M bonus target
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62709/000006270922000088/0000062709-22-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62709/000006270922000088/adoyleletteragreementamend.htm
  HTML page:      https://secwatch.observer/filing/0000062709-22-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer