secwatch.observer — SEC 8-K summary
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Issuer:     MARSH & MCLENNAN COMPANIES, INC. (MRSH)
CIK:        0000062709
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0000062709-24-000021
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marsh & McLennan amends CEO & CFO compensation; Doyle base salary $1.5M, LTI target $13.75M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62709/000006270924000021/0000062709-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62709/000006270924000021/mmc-20240222.htm
  HTML page:      https://secwatch.observer/filing/0000062709-24-000021

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