0000062709-17-000023.txt : 20170705 0000062709-17-000023.hdr.sgml : 20170705 20170705163519 ACCESSION NUMBER: 0000062709-17-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20170705 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events FILED AS OF DATE: 20170705 DATE AS OF CHANGE: 20170705 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARSH & MCLENNAN COMPANIES, INC. CENTRAL INDEX KEY: 0000062709 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 362668272 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05998 FILM NUMBER: 17948603 BUSINESS ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2123455000 MAIL ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: MARSH & MCLENNAN COMPANIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MARLENNAN CORP DATE OF NAME CHANGE: 19760505 8-K 1 form8kjuly52017.htm FORM 8-K Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
_____________________
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported)
July 5, 2017
Marsh & McLennan Companies, Inc.
(Exact Name of Registrant as Specified in its Charter)
logommc2015.jpg
Delaware
1-5998
36-2668272
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
  
1166 Avenue of the Americas, New York, NY
10036
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code
(212) 345-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company o
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

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Item 5.02    Departure of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers; Compensatory Arrangements of Certain Officers.

On July 5, 2017, Marsh & McLennan Companies, Inc. (the "Company") announced that Peter Zaffino, Chairman of the Company’s Risk & Insurance Services segment and Chief Executive Officer of Marsh LLC, has resigned and will accept a leadership role at AIG. Mr. Zaffino will continue to be employed by the Company until July 21, 2017 in order to assist in the transition of his duties.

Item 8.01    Other Events.

On July 5, 2017, the Company also announced the appointment of John Doyle as Chief Executive Officer of Marsh LLC, effective immediately, to succeed Mr. Zaffino, as discussed above. In that role, Mr. Doyle will report to the Company’s President & CEO, Dan Glaser. He will continue to serve as President of Marsh LLC and on the Company’s Executive Committee.
The Company further announced that, effective immediately, Peter Hearn, President & Chief Executive Officer of Guy Carpenter, will report directly to Mr. Glaser and join the Company’s Executive Committee. The role of Chairman of Risk & Insurance Services will not be filled.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. For purposes of Section 18 of the Securities Exchange Act of 1934, the press release is deemed furnished, not filed.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
MARSH & McLENNAN COMPANIES, INC.
 
 
 
 
By:
/s/ Carey Roberts   
 
Name:
Carey Roberts
 
Title:
Deputy General Counsel, Chief Compliance Officer &
Corporate Secretary
 
 
 



Date:    July 5, 2017

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EXHIBIT INDEX
 
 
Exhibit No.           Exhibit
 
99.1
Press release issued by Marsh & McLennan Companies, Inc. on July 5, 2017.




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EX-99.1 2 exhibit991july52017.htm PRESS RELEASE - JULY 5, 2017 Exhibit


logommc2015.jpg
NEWS RELEASE
Media Contact:
Ed Dandridge
Marsh & McLennan Companies
+1 212 345 9751 ed.dandridge@mmc.com
 
Investor Contact:
Dan Farrell
Marsh & McLennan Companies
+1 212 345 3713
daniel.farrell@mmc.com 
MARSH & McLENNAN COMPANIES APPOINTS JOHN DOYLE
CHIEF EXECUTIVE OFFICER OF MARSH
Industry-Leading Executive Joined Marsh as President in 2016
NEW YORK, July 5, 2017 — Marsh & McLennan Companies, Inc. (NYSE: MMC), a global professional services firm offering clients advice and solutions in risk, strategy and people, today announced the appointment of John Doyle as Chief Executive Officer of Marsh, effective immediately. Mr. Doyle will report to Marsh & McLennan Companies President & CEO Dan Glaser and continue to serve on the Company's Executive Committee.
A highly-regarded insurance industry leader for more than thirty years, with significant global management and operational experience, Mr. Doyle was appointed President of Marsh in April 2016. As President & CEO of Marsh, Mr. Doyle will continue to oversee the firm’s global brokerage businesses while assuming responsibility for Marsh’s Global Risk & Specialties, portfolio businesses and operational functions.
"John’s accomplishments and impressive track record of building strong client relationships and inspiring colleagues make him ideal to serve as President & CEO of Marsh," said Dan Glaser, President & CEO of Marsh & McLennan Companies. "Today’s appointment delivers on our strategic commitment to having the deepest and most talented executive leadership team in the industry."
In this role, Mr. Doyle succeeds Peter Zaffino, who has accepted a leadership role at AIG. Mr. Zaffino had served as CEO of Marsh since 2011, and as Chairman of Risk and Insurance Services since 2015. Previously, Mr. Zaffino served as President & CEO of Guy Carpenter from 2008 to 2011.
"On behalf of our colleagues and Executive Committee, I want to thank Peter Zaffino for his meaningful contributions to our firm,” said Mr. Glaser. "We wish him continued success in the next phase of his career."

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Prior to joining Marsh & McLennan in 2016, Mr. Doyle was Chief Executive Officer for AIG’s commercial insurance businesses worldwide. He was responsible for AIG’s property, casualty, financial lines, specialty lines, institutional markets, and mortgage guaranty products and services. Previously, Mr. Doyle served as President and Chief Executive Officer of Chartis U.S. Mr. Doyle is a member of the Board of the New York Police and Fire Widows’ & Children’s Benefit Fund and is a Trustee of the Inner-City Scholarship Fund.
Today, Marsh & McLennan further announced that effective immediately, Peter Hearn, President & Chief Executive Officer of Guy Carpenter, will report directly to Mr. Glaser and join the Company’s Executive Committee. The role of Chairman of Risk and Insurance Services will not be filled.
"Peter Hearn is a highly accomplished and talented executive," said Mr. Glaser. "I welcome him to Marsh & McLennan’s Executive Committee."
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. Marsh is a leader in insurance broking and risk management; Guy Carpenter is a leader in providing risk and reinsurance intermediary services; Mercer is a leader in health, wealth and career consulting; and Oliver Wyman is a leader in management consulting. With annual revenue of more than $13 billion and more than 60,000 colleagues worldwide, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 130 countries. The Company is committed to being a responsible corporate citizen and making a positive impact in the communities in which it operates. Visit www.mmc.com for more information and follow us on LinkedIn and Twitter @MMC_Global.

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