Jan Siegmund
On July 10, 2024, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Jan Siegmund, age 60, as an independent member of the Board, effective immediately.
Highest-materiality recent filing
Marsh Q2 revenue $7.4B (+6% YoY); adjusted EPS $2.96 (+9%); dividend raised 10%
GAAP EPS $2.63; adjusted EPS $2.96, up 9% YoY; six-month adjusted EPS $6.25, up 8%.
Marsh & McLennan enters new $4.25B five-year credit facility, up from $3.5B
New $4.25B unsecured multi-currency revolving credit facility, expiring June 2031.
Annual meeting held May 21, 2026; 90.34% of outstanding shares represented (436.5M of 483.1M).
Marsh Q1 adj EPS $3.29 (+8%), revenue $7.6B (+8%); $425M Greensill charge
GAAP EPS $2.36; adjusted EPS $3.29, up 8% YoY.
Marsh appoints Mark McGivney as EVP, COO & CFO, effective April 15
Mark McGivney, previously CFO since Jan 2016, adds COO role effective April 15, 2026.
Nick Studer to succeed Martin South as Marsh Risk CEO; South becomes Chief Client Officer
Effective April 1, 2026: Nick Studer becomes President and CEO of Marsh Risk, replacing Martin South.
Marsh & McLennan appoints Peter Harrison as independent director, effective immediately
Peter Harrison, age 59, appointed to Board effective February 25, 2026; Board expands to 13 members.
Marsh & McLennan issues $600M of 4.950% Senior Notes due 2036
$600 million aggregate principal of 4.950% Senior Notes due 2036 issued on February 19, 2026.
Marsh Q4 2025 adj EPS $2.12 (+10% YoY); full-year rev $27B (+10%)
Q4 GAAP EPS $1.68; adjusted EPS $2.12 (up 10% YoY) on revenue $6.6B (+9% GAAP, +4% underlying).
Marsh & McLennan amends bylaws to reflect DGCL updates and universal proxy rules
Amended bylaws effective Jan 14, 2026, conform to latest Delaware General Corporation Law changes on stockholder lists and committee quorum.
Marsh McLennan Q3 2025: revenue $6.4B (+11%), adjusted EPS $1.85 (+11%)
Q3 2025 GAAP revenue $6.4B, up 11% (underlying +4%); GAAP EPS $1.51, adjusted EPS $1.85.
Marsh McLennan Q2 revenue +12% to $7.0B, adj EPS $2.72 (+11%), dividend raised 10%
Q2 revenue $7.0B (+12% GAAP, +4% underlying); GAAP EPS $2.45, adjusted EPS $2.72 (+11%).
Marsh McLennan appoints Bruce Broussard, former Humana CEO, to its Board of Directors
Bruce Broussard, 63, appointed as independent director effective July 9, 2025; Board now has 12 directors.
MMC 2025 annual meeting results: directors re-elected, say-on-pay approved, auditor ratified
All 11 director nominees elected; Morton O. Schapiro received 370M for, 42M against (89.8% support).
Marsh McLennan Q1 2025 revenue $7.1B (+9% GAAP, +4% underlying); Adj. EPS $3.06, up 5%
GAAP EPS $2.79 (down 1% YoY); Adjusted EPS $3.06 (up 5%) with $0.10 favorable discrete tax items.
MMC Q4 adjusted EPS $1.87 (+11% YoY); full-year revenue $24.5B (+8%)
Full-year revenue $24.5B (+8% YoY); underlying growth 7%; GAAP EPS $8.18; adjusted EPS $8.80 (+10%).
Marsh McLennan closes $7.75B acquisition of McGriff Insurance Services
MMA completed acquisition of McGriff Parent for $7.75 billion in cash; McGriff's 3,500+ colleagues join Marsh McLennan Agency.
Marsh & McLennan issues $7.25B in senior notes across eight tranches
$950M 4.550% notes due 2027; $1B 4.650% notes due 2030; $1B 4.850% notes due 2031.
Marsh McLennan Q3 adj EPS $1.63 (+4% YoY); announces $7.75B McGriff acquisition
GAAP revenue $5.7B (+6%); underlying revenue +5%; adjusted operating income +12%.
Marsh McLennan to acquire McGriff Insurance Services for $7.75B cash
McGriff had $1.3B revenue for trailing twelve months ended June 30, 2024.
Marsh McLennan Q2 GAAP EPS $2.27 (+10%), adjusted EPS $2.41 (+10%); dividend raised 15%
GAAP revenue $6.2B (+6% YoY); underlying revenue also +6%; operating income +13% to $1.6B.
Marsh & McLennan appoints Jan Siegmund to Board of Directors
Jan Siegmund, age 60, appointed independent director effective July 10, 2024.
Marsh McLennan announces 401(k) blackout period July 26 to ~Aug 12 for plan administrator switch
Blackout period begins July 26, 2024 at 4:00 PM ET, ends week of August 12.
All 11 director nominees elected; Morton O. Schapiro received the most votes against (36.2M).
Marsh McLennan Q1 2024: Revenue up 9% to $6.5B, adjusted EPS $2.89, +14% YoY
Consolidated revenue $6.5B (+9% GAAP & underlying); operating income $1.9B (+12%); adjusted op income $2.0B (+11%).
Director Bruce Nolop to retire from MMC board at 2024 annual meeting for health reasons
Bruce Nolop informed board of retirement effective at 2024 annual meeting.
Marsh & McLennan amends CEO & CFO compensation; Doyle base salary $1.5M, LTI target $13.75M
CEO John Q. Doyle: base salary $1,500,000 effective Apr 1, 2024; target bonus $3,750,000; LTI target $13,750,000.
Marsh & McLennan prices $1B senior notes offering in two tranches
Offering consists of $500M 5.150% notes due 2034 and $500M 5.450% notes due 2054.
Director Raymond G. Young to not seek re-election at Marsh & McLennan's 2024 annual meeting
Raymond G. Young informed the Board on Feb 5, 2024 of intention not to stand for re-election at May 16, 2024 meeting.
Full-year 2023 revenue $22.7B (+10%); underlying growth 9%; GAAP EPS $7.53; adj EPS $7.99 (+17%).
Marsh McLennan Q3 GAAP EPS $1.47 (+36%), adjusted EPS $1.57 (+33%)
Revenue $5.4B (+13% GAAP, +10% underlying); operating income $996M (+26%).
Mercer CEO Martine Ferland to retire March 31, 2024; Pat Tomlinson named successor
Martine Ferland to retire as Mercer President and CEO on March 31, 2024; will oversee regional leaders until then.
Marsh & McLennan prices $1.6B senior notes offering in two tranches
$600M of 5.400% Senior Notes due 2033 and $1B of 5.700% Senior Notes due 2053 priced.
Marsh McLennan Q2 adjusted EPS $2.20, revenue $5.9B, underlying growth 11%
Q2 GAAP EPS $2.07 (+8% YoY); adjusted EPS $2.20 (+16% YoY).
Director Hafize Gaye Erkan resigns from Marsh McLennan board after central bank appointment
Hafize Gaye Erkan resigned from the board effective June 12, 2023, due to appointment as Governor of Türkiye's Central Bank.
Marsh & McLennan shareholders approve all proposals at annual meeting
All 14 director nominees elected; Morton Schapiro received most votes against (46.3M).
Marsh McLennan Q1 2023: revenue $5.9B (+7%), adj. EPS $2.53 (+10%)
GAAP revenue $5.9B, +7% YoY; underlying revenue +9%; operating income $1.7B, +19%.
Marsh McLennan appoints Judith Hartmann and Ray G. Young to its Board of Directors
Judith Hartmann (age 53) and Ray G. Young (age 61) appointed as independent directors, effective March 29, 2023.
Marsh & McLennan prices $600M of 5.450% Senior Notes due 2053
Priced $600 million aggregate principal of 5.450% Senior Notes due 2053.
Marsh McLennan reports 9% underlying revenue growth; adjusted EPS up 11% to $6.85 in FY2022
Q4 revenue $5.0B, underlying +7%; full-year revenue $20.7B, underlying +9%.
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.
Issued $500M aggregate principal of 5.750% Senior Notes due 2032 and $500M of 6.250% Senior Notes due 2052.
MMC prices $1B notes: $500M 5.750% due 2032 and $500M 6.250% due 2052
Priced $500M of 5.750% Senior Notes due 2032 and $500M of 6.250% Senior Notes due 2052.
Marsh McLennan Q3 adj EPS $1.18, up 9%; underlying revenue rises 8%
GAAP revenue $4.8B (+4% YoY); underlying revenue +8%; GAAP EPS $1.08 (+3%); adj EPS $1.18 (+9%).
Marsh McLennan CEO Dan Glaser to retire Dec 31; John Doyle named successor effective Jan 1, 2023
Daniel S. Glaser, 62, retires as President & CEO after leading since 2013; revenue grew from $12B to over $20B.
Marsh McLennan Q2 GAAP EPS $1.91, up 19%; underlying revenue +10%; dividend raised 10%
Q2 GAAP revenue $5.4B (+7%); underlying revenue +10%; GAAP EPS $1.91 vs $1.60 YoY.
MMC stockholders elect all 13 directors, approve say-on-pay, ratify auditor
Quorum of 90.3% (453,946,006 shares) represented at May 19, 2022 annual meeting.
Marsh McLennan Q1 revenue $5.5B (+9%); adj. EPS $2.30 (+16%)
GAAP EPS $2.10 (+10%); adjusted EPS $2.30 (+16%); underlying revenue +10%.
Marsh & McLennan appoints Hafize Gaye Erkan to Audit and Governance committees
Hafize Gaye Erkan appointed to Audit Committee and Directors and Governance Committee effective March 24, 2022.
Marsh McLennan appoints Hafize Gaye Erkan to board of directors
Hafize Gaye Erkan, age 42, appointed as independent director effective March 1, 2022.
On July 10, 2024, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Jan Siegmund, age 60, as an independent member of the Board, effective immediately.
On March 8, 2024, Bruce P. Nolop, a member of the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) since 2008, informed the Company of his intention to retire from the Board at the 2024 annual meeting of stockholders.
On February 5, 2024, Raymond G. Young, a member of the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”), informed the Company of his intention not to stand for re-election at the Company’s 2024 annual meeting of stockholders on May 16, 2024.
On October 9, 2023, Martine Ferland informed Marsh & McLennan Companies, Inc. (the “Company”) of her intention to retire as Mercer’s President and Chief Executive Officer on March 31, 2024.
Hafize Gaye Erkan, a member of the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) since early 2022, resigned from the Board effective June 12, 2023.
On March 29, 2023, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Judith Hartmann, age 53, and Ray G. Young, age 61, as independent members of the Board, effective immediately.
On March 29, 2023, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Judith Hartmann, age 53, and Ray G. Young, age 61, as independent members of the Board, effective immediately.
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.
In addition, Mr. Doyle will become a director of the Company effective January 1, 2023.
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.
On February 11, 2022, the board of directors (the “Board”) of Marsh & McLennan Companies, Inc. (the “Company”) appointed Hafize Gaye Erkan, age 42, as an independent member of the Board, effective March 1, 2022.
Dean Klisura will be appointed President and Chief Executive Officer of Guy Carpenter and Vice Chair of the Company, effective January 1, 2022
Max materiality 0.85 · Median 0.55 · Most common event earnings