leadership
confidence high
sentiment neutral
materiality 0.40
Marsh & McLennan amends CEO & CFO compensation; Doyle base salary $1.5M, LTI target $13.75M
MARSH & MCLENNAN COMPANIES, INC.
- CEO John Q. Doyle: base salary $1,500,000 effective Apr 1, 2024; target bonus $3,750,000; LTI target $13,750,000.
- CFO Mark C. McGivney: base salary $1,000,000 effective Apr 1, 2024; target bonus $1,750,000; LTI target $3,000,000.
- Amendments effective Feb 22, 2024; both executives retain discretionary bonus ranges 0%-200% of target.
- Changes apply to 2024 performance year (bonus awarded 2025) and LTI grant in 2024.