Marsh & McLennan Companies Management

Management criteria checks 2/4

Marsh & McLennan Companies' CEO is John Doyle, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is $19.05M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth €13.59M. The average tenure of the management team and the board of directors is 3.3 years and 13 years respectively.

Key information

John Doyle

Chief executive officer

US$19.1m

Total compensation

CEO salary percentage	7.3%
CEO tenure	1.3yrs
CEO ownership	0.01%
Management average tenure	3.3yrs
Board average tenure	13yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Doyle's remuneration changed compared to Marsh & McLennan Companies's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$4b
Dec 31 2023	US$19m	US$1m	US$4b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$3b
Dec 31 2022	US$12m	US$1m	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$3b
Dec 31 2021	US$9m	US$1m	US$3b
Sep 30 2021	n/a	n/a	US$3b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$8m	US$1m	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$8m	US$1m	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$7m	US$1m	US$2b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$7m	US$883k	US$1b

Compensation vs Market: John's total compensation ($USD19.05M) is above average for companies of similar size in the Austrian market ($USD4.48M).

Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.

CEO

John Doyle (59 yo)

1.3yrs

Tenure

US$19,054,956

Compensation

Mr. John Quinlan Doyle serves as President & Chief Executive Officer at Marsh & McLennan Companies, Inc. and also served as its Vice Chairman. He served as its Group President & Chief Operating Officer sin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Doyle	President	1.3yrs	US$19.05m	0.014% $ 13.6m
Mark McGivney	Chief Financial Officer	8.3yrs	US$7.32m	0.0068% $ 6.4m
Martin South	Vice Chair	2.3yrs	US$7.79m	0.0018% $ 1.7m
Dean Klisura	Vice Chair	2.3yrs	US$6.18m	0.0043% $ 4.0m
Stacy Mills	VP, Controller & Chief Accounting Officer	6.3yrs	no data	0.00059% $ 554.6k
Paul Beswick	Senior VP & Chief Information Officer	3.3yrs	no data	0.0029% $ 2.7m
Sarah Dewitt	Vice President of Investor Relations	no data	no data	no data
Katherine Brennan	Senior VP & General Counsel	no data	no data	0.00065% $ 611.0k
John Jones	Chief Marketing and Communications Officer	1.8yrs	no data	0.0020% $ 1.8m
Carmen Fernandez	Senior VP & Chief People Officer	3.3yrs	no data	0.0013% $ 1.3m
Dina Shapiro	Chief Tax Officer	9.2yrs	no data	no data
Keith Walsh	CFO of the Risk & Insurance Services and CFO of Marsh	7yrs	no data	no data

3.3yrs

Average Tenure

55yo

Average Age

Experienced Management: MMCO's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Doyle	President	no data	US$19.05m	0.014% $ 13.6m
H. Hanway	Independent Chairman of the Board	14.3yrs	US$535.00k	0.0068% $ 6.4m
Deborah Hopkins	Independent Director	7.3yrs	US$355.00k	0% $ 0
Bruce Nolop	Independent Director	16.3yrs	US$362.50k	0.0088% $ 8.3m
Steven Mills	Independent Director	13yrs	US$360.00k	0.0098% $ 9.2m
Oscar Fanjul Martin	Independent Director	23.3yrs	US$335.00k	0.012% $ 11.1m
Morton Schapiro	Independent Director	22.3yrs	US$355.00k	0% $ 0
Tamara Ingram	Independent Director	4.8yrs	US$335.00k	0% $ 0
Lloyd Yates	Independent Director	13yrs	US$355.00k	0.0049% $ 4.6m
Alexander Moczarski	Chairman of Marsh & McLennan Companies International	12.2yrs	US$4.51m	no data
Anthony Anderson	Independent Director	7.7yrs	US$335.00k	0.00020% $ 188.0k
Jane Lute	Independent Director	4.2yrs	US$335.00k	0.00034% $ 319.6k

13.0yrs

Average Tenure

67.5yo

Average Age

Experienced Board: MMCO's board of directors are seasoned and experienced ( 13 years average tenure).

Marsh & McLennan Companies Management

Management criteria checks 2/4

Key information

Recent management updates

Marsh & McLennan Companies, Inc., Annual General Meeting, May 16, 2024

Marsh & McLennan Companies, Inc. Announces Bruce P. Nolop to Retire as A Member of the Board of Directors

Marsh & Mclennan Companies, Inc. Announces That Raymond G. Young Not Standing for Re-Election

Marsh McLennan Announces Vice Chair Changes

Mercer Appoints Olaolu Aganga as US Chief Investment Officer

Marsh & McLennan Companies, Inc. Announces Resignation of Hafize Gaye Erkan from Board of Directors

Recent updates

Marsh & McLennan Companies, Inc., Annual General Meeting, May 16, 2024

Marsh & McLennan Companies, Inc. to Report Q1, 2024 Results on Apr 18, 2024

Marsh & McLennan Companies, Inc. Announces Bruce P. Nolop to Retire as A Member of the Board of Directors

Marsh McLennan Declares Quarterly Dividend on Outstanding Common Stock, Payable on May 15, 2024

Marsh & Mclennan Companies, Inc. Announces That Raymond G. Young Not Standing for Re-Election

Marsh & McLennan Companies, Inc. Declares Quarterly Cash Dividend, Payable on February 15, 2024

Marsh & McLennan Companies, Inc. Announces Cancellation of Admission to Trading on the London Stock Exchange

Marsh & McLennan Companies, Inc. Announces Cancellation of Admission to Trading on the London Stock Exchange

Marsh McLennan Develops New Generative AI Tool

Marsh McLennan Develops New Generative AI Tool

New minor risk - Financial position

Third quarter 2023 earnings released: EPS: US$1.48 (vs US$1.10 in 3Q 2022)

Marsh McLennan Announces Vice Chair Changes

Upcoming dividend of US$0.71 per share at 1.5% yield

Marsh & McLennan Companies, Inc. to Report Q3, 2023 Results on Oct 19, 2023

Mercer Appoints Olaolu Aganga as US Chief Investment Officer

New minor risk - Financial position

Second quarter 2023 earnings released: EPS: US$2.09 (vs US$1.93 in 2Q 2022)

Upcoming dividend of US$0.71 per share at 1.3% yield

Marsh & McLennan Companies, Inc. Increases Quarterly Cash Dividend, Payable on August 15, 2023

Marsh & McLennan Companies, Inc. to Report Q2, 2023 Results on Jul 20, 2023

Marsh & McLennan Companies, Inc. Announces Resignation of Hafize Gaye Erkan from Board of Directors

Marsh McLennan Announces R. David Yost Retires from Board

Independent Director recently sold €898k worth of stock

First quarter 2023 earnings released: EPS: US$2.50 (vs US$2.13 in 1Q 2022)

Upcoming dividend of US$0.59 per share at 1.5% yield

Insider recently sold €486k worth of stock

Independent Director recently sold €911k worth of stock

Full year 2022 earnings released: EPS: US$6.11 (vs US$6.20 in FY 2021)

Upcoming dividend of US$0.59 per share

Marsh McLennan Declares Quarterly Cash Dividend Payable on February 15, 2023

Marsh & McLennan Companies, Inc. to Report Q4, 2022 Results on Jan 26, 2023

Insider recently sold €1.4m worth of stock

Independent Director recently sold €982k worth of stock

Now 20% undervalued after recent price drop

Marsh & Mclennan Companies, Inc. Provides Revenue Guidance for 2022

Third quarter 2022 earnings released: EPS: US$1.10 (vs US$1.06 in 3Q 2021)

Upcoming dividend of US$0.59 per share

Marsh & McLennan Companies, Inc. Announces Executive Changes

Marsh & McLennan Companies, Inc. to Report Q3, 2022 Results on Oct 20, 2022

Second quarter 2022 earnings released: EPS: US$1.93 (vs US$1.61 in 2Q 2021)

Upcoming dividend of US$0.59 per share

Marsh Mclennan Increased the Quarterly Dividend on Outstanding Common Stock, Payable on August 15, 2022

Marsh & McLennan Companies, Inc. to Report Q2, 2022 Results on Jul 21, 2022

Marsh McLennan Creates New Senior Leadership Positions

Marsh & Mclennan Companies, Inc. Announces Resignation of Marc D. Oken from Board

Marsh & McLennan Companies, Inc., Annual General Meeting, May 19, 2022

Marsh & McLennan Companies, Inc. Announces Board Changes

Marsh McLennan Appoints Hafize Gaye Erkan to Board of Directors

Now 20% undervalued after recent price drop

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.54 per share

Independent Director recently bought €742k worth of stock

Third quarter 2021 earnings released: EPS US$1.06 (vs US$0.62 in 3Q 2020)

Upcoming dividend of US$0.54 per share

Independent Director recently sold €1.2m worth of stock

Second quarter 2021 earnings released: EPS US$1.61 (vs US$1.13 in 2Q 2020)

Upcoming dividend of US$0.54 per share

First quarter 2021 earnings released: EPS US$1.93 (vs US$1.49 in 1Q 2020)

Upcoming dividend of US$0.47 per share

Marsh McLennan Declares Quarterly Cash Dividend, Payable on May 14, 2021

Marsh & McLennan Names Nzinga Shaw as Chief Inclusion and Diversity Officer

Revenue beats expectations

Full year 2020 earnings released: EPS US$3.98 (vs US$3.44 in FY 2019)

New 90-day high: €98.00

Marsh & McLennan Companies, Inc. Names Nzinga Shaw as Chief Inclusion & Diversity Officer Effective February 16, 2021

Full year 2020 earnings released: EPS US$3.98 (vs US$3.44 in FY 2019)

Revenue beats expectations

Marsh & McLennan Companies, Inc. to Report Q4, 2020 Results on Jan 28, 2021