Welcome to our dedicated page for Marsh & Mclennan news (Ticker: MMC), a resource for investors and traders seeking the latest updates and insights on Marsh & Mclennan stock.
Marsh McLennan (NYSE: MMC) is a global professional services firm in the finance and insurance sector, active in insurance brokerage, risk and reinsurance services, investment and retirement advisory, workforce consulting and management consulting. News about Marsh McLennan and its businesses highlights developments in risk, strategy and people across its four main businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
On this page, readers can find news about Marsh McLennan’s corporate actions, such as authorizations of share repurchase programs and changes to its New York Stock Exchange ticker symbol in connection with a brand change to Marsh. Coverage also includes governance and leadership updates disclosed through company communications and SEC-referenced announcements.
Marsh-related news often focuses on risk topics and insurance brokerage activities, including research on cyber risk, ransomware, and third-party cyber incidents, as well as regional expansion moves through Marsh McLennan Agency acquisitions of local insurance brokerages. Mercer-related news features remuneration and workforce insights, such as total remuneration surveys that analyze salary trends, incentive plans and benefits, and announcements regarding workplace savings and private market investment vehicles.
Oliver Wyman news commonly centers on management consulting insights and collaborative reports with organizations like the World Economic Forum and industry associations, addressing themes such as the global sports economy and the industrial goods sector. Together, these updates provide a view into how Marsh McLennan’s businesses engage with clients and industries worldwide. Investors and observers can use this news feed to follow Marsh McLennan’s research publications, strategic transactions, and other significant announcements across its risk, reinsurance, investments and consulting activities.
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Marsh McLennan (NYSE: MMC) will announce its first quarter financial results on April 21, 2022, prior to market opening. The results will be discussed in a teleconference led by CEO Dan Glaser, COO John Doyle, and CFO Mark McGivney at 8:30 a.m. EDT. Investors can join the call by dialing 1 866-437-7574 or +1 409-220-9376. Marsh McLennan, a leader in risk, strategy, and people services, generated nearly $20 billion in annual revenue and operates in 130 countries.
The Board of Directors of Marsh McLennan (NYSE: MMC) has authorized an additional
Marsh McLennan (NYSE: MMC) announced the appointment of Katherine J. Brennan as Senior Vice President and General Counsel, effective immediately. She succeeds Peter J. Beshar, who has departed to serve as General Counsel of the U.S. Department of the Air Force after nearly 20 years at Marsh McLennan. Brennan will lead the company’s global legal, compliance, and public affairs functions while continuing her role in ESG efforts. The transition is expected to enhance leadership and maintain company integrity.
Marsh McLennan (NYSE: MMC) has announced its decision to exit all operations in Russia due to the ongoing conflict with Ukraine. CEO Dan Glaser condemned the Russian government’s actions and emphasized the company's commitment to transferring ownership of its Russian businesses to local management. This strategic move highlights the firm's stance on ethical responsibility amidst global tensions, with annual revenues nearing $20 billion and operations across 130 countries.
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According to Oliver Wyman's Global Fleet & MRO Forecast 2022-2032, the aviation industry is expected to recover from COVID-19, growing 4% annually, reaching a fleet size of 38,100 aircraft by 2032. Key insights include a shift towards narrower aircraft and a projected MRO demand of $118 billion by 2030. However, the industry faces challenges regarding rising carbon emissions, with no immediate solutions for sustainable fuel or technology. While the industry shows signs of recovery, it must navigate significant hurdles to achieve long-term success.
On February 11, 2022, Marsh McLennan (NYSE: MMC) appointed Hafize Gaye Erkan as a director, effective March 1, 2022, increasing the Board's size to 14 members. Ms. Erkan brings significant experience from her previous roles, including Co-CEO of First Republic Bank and a decade at Goldman Sachs. Her expertise encompasses investments, risk management, and digital innovation, which may enhance the company’s strategic direction. Chairman H. Edward Hanway expressed optimism about her contribution to the Board.
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Mercer, a global leader under Marsh McLennan (NYSE: MMC), has appointed Mustafa Faizani as US West Market CEO. Faizani will enhance Mercer's growth in the West market, focusing on client service and innovative investment solutions. He brings over 20 years of consulting experience, previously leading Mercer’s Wealth business. His appointment emphasizes a commitment to sustainability and navigating complex business challenges. President Pat Tomlinson praises Faizani's track record in guiding clients through the pandemic.