Marsh Companies Appoints Daniel Glaser President and CEO
Marsh & McLennan Companies (NYSE: MMC), a global professional services firm providing advice and solutions in risk, strategy and human capital, announced today that Brian Duperreault, 65, will retire as the Company's President and Chief Executive Officer at year end. Daniel S. Glaser, 52, currently the Company's Group President and Chief Operating Officer, has been named Mr. Duperreault's successor and will become President and Chief Executive Officer effective January 1, 2013.
“We are immensely grateful to Brian for the significant turnaround the Company accomplished under his stewardship,” said Lord Lang of Monkton, Chairman of the Board of Directors of Marsh & McLennan Companies. “Among his many contributions to the Company since joining in January 2008, Brian has built a strong executive team, significantly improved the Company's operating results, and established a long-term strategy that continues to serve as the foundation for the Company's future success. There is no doubt he will leave Marsh & McLennan Companies in a much stronger position than when he arrived.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.