Marsh McLennan announces raft of leadership changes

This includes the promotion of John Doyle to president and COO, who will also continue as vice chair of the company

Marsh McLennan has unveiled a series of changes to its executive committee, effective 1 January, 2022, including the promotion of John Doyle to president and COO. He will also continue as vice chair of the company.  

Doyle is currently the president and CEO of Marsh, and in his new role, will work closely with president and CEO Dan Glaser to oversee the overall strategic business and operational objectives of the group. 

The CEOs of Marsh, Guy Carpenter, Mercer and Oliver Wyman will report to Doyle, while he will report to Glaser. 

Glaser said: “John has been an indispensable partner to me and a critical part of our company’s success. Marsh has thrived under his leadership, experiencing several years of accelerated revenue growth and record new business. 

“He’s established at Marsh an even stronger culture of colleague engagement, inclusion and diversity. With John in this new role, we’ll have additional leadership focus on our strategic and operational priorities across the enterprise, giving us the ability to unlock more potential across our organization.”

 Meanwhile, Martin South, president of Marsh US and Canada, will succeed Doyle as president and CEO of Marsh. He was also appointed vice chair of Marsh McLennan and will join Marsh McLennan’s executive committee. 

South has more than 30 years of global insurance experience, including serving as CEO for Marsh’s Asia-Pacific region, Marsh UK and Ireland and Marsh Europe.

 In addition, Dean Klisura, president of Guy Carpenter, has been named president and CEO of Guy Carpenter, succeeding Peter Hearn. He was also appointed vice chair of Marsh McLennan and will succeed Hearn on Marsh McLennan’s executive committee.  

Meanwhile, Peter Hearn, the current CEO of Guy Carpenter, will continue in his role as vice chair of Marsh McLennan, focusing on sales and colleague development initiatives. He will continue to report to Glaser.

Dominic Burke, vice chair of Marsh McLennan, will retire in mid-January. A former CEO of Jardine Lloyd Thompson (JLT), he joined Marsh McLennan following its acquisition of JLT in 2019.

Glaser added: “On behalf of the entire company I want to express my deep gratitude to Dominic for his leadership, which ensured our combination with JLT, the largest acquisition in our company’s history, was a win for our clients, for our company, and for our colleagues.

 “I also want to thank Peter for his exceptional leadership of Guy Carpenter. During his tenure, Guy Carpenter has achieved record financial performance and cultivated a strong company culture with colleagues’ professional success and personal fulfillment a consistent priority. We are looking forward to the contributions he will continue to make to Marsh McLennan as Vice Chair.”

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