Marsh & McLennan. Marsh & McLennan Companies Names Keith Walsh Chief Financial Officer of Risk and Insurance Services
31 March 2017 - 4:00AM
UK Regulatory
TIDMMHM
Marsh & McLennan Companies, Inc. (NYSE: MMC), a global
professional services firm offering clients advice and solutions in
risk, strategy and people, announced today that Keith Walsh has
been appointed Chief Financial Officer of the Company's Risk and
Insurance Services (RIS) segment, which includes Marsh and Guy
Carpenter. In this role, Mr. Walsh will also serve as Chief
Financial Officer of Marsh. His appointment is effective as of May
1, 2017.
Mr. Walsh will report to Peter Zaffino, Chairman of Risk and
Insurance Services, and to Mark McGivney, Chief Financial Officer
of MMC, and be based in MMC's New York headquarters. Since 2012,
Mr. Walsh has been MMC's Global Head of Investor Relations. Widely
respected within the insurance industry, Mr. Walsh was ranked #2
Investor Relations Professional in the insurance industry by
Institutional Investor magazine in 2017 and 2016.
"Keith's deep understanding of the insurance industry and his
demonstrated track record of strong financial strategy, planning
and analysis make him ideally suited for this important role
leading the Finance organization for Marsh and Guy Carpenter," said
Peter Zaffino, Chairman of Risk and Insurance Services.
In this role, Mr. Walsh succeeds Courtney Leimkuhler, who is
leaving the Company to pursue an opportunity outside the industry.
Ms. Leimkuhler joined MMC in 2013.
"We greatly admire the dedication, professionalism and
commitment to excellence that Courtney exhibited during her
tenure," Mr. Zaffino added. "We wish her all the best in her future
endeavors."
Prior to joining MMC, Mr. Walsh spent 13 years as an equity
research analyst at Citi, where he covered the insurance sector. He
began his career as a research associate at Smith Barney, then a
unit of Citigroup. Mr. Walsh received his Master of Business
Administration from NYU Stern School of Business and his Bachelor
of Science Degree from University at Albany-SUNY.
"I look forward to continuing to work with Keith in his new
role," said Mark McGivney, Chief Financial Officer of MMC. "He will
be a terrific leader for Risk & Insurance Services' Finance
organization."
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 talent, health, retirement and investment consulting; and
Oliver Wyman is a leader in management consulting. With annual
revenue of more than $13 billion and approximately 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.
Marsh & McLennan CompaniesEd Dandridge,
212-345-9751ed.dandridge@mmc.comorMarsh & McLennan
CompaniesLaura Schooler, 212-345-0370laura.schooler@mmc.com
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(END) Dow Jones Newswires
March 30, 2017 13:00 ET (17:00 GMT)
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