Marsh & McLennan Companies Management

Management criteria checks 2/4

Marsh & McLennan Companies' CEO is John Doyle, appointed in Jan 2023, has a tenure of 1.08 years. total yearly compensation is $11.60M, comprised of 10.3% salary and 89.7% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth $11.43M. The average tenure of the management team and the board of directors is 3.1 years and 12.8 years respectively.

Key information

John Doyle

Chief executive officer

US$11.6m

Total compensation

CEO salary percentage	10.3%
CEO tenure	1.1yrs
CEO ownership	0.01%
Management average tenure	3.1yrs
Board average tenure	12.8yrs

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
Dec 31 2023	n/a	n/a	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 ($USD11.60M) is above average for companies of similar size in the PE market ($USD5.69M).

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

CEO

John Doyle (59 yo)

1.1yrs

Tenure

US$11,599,039

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	1.1yrs	US$11.60m	0.012% $ 11.4m
Mark McGivney	Chief Financial Officer	8.1yrs	US$6.77m	0.0069% $ 6.7m
Martin South	Vice Chair	2.1yrs	US$7.12m	0.00095% $ 935.5k
Martine Ferland	CEO of Mercer	less than a year	US$6.86m	0.0020% $ 2.0m
Stacy Mills	VP, Controller & Chief Accounting Officer	6.1yrs	no data	0.00059% $ 581.0k
Paul Beswick	Senior VP & Chief Information Officer	3.1yrs	no data	0.0025% $ 2.4m
Sarah Dewitt	Vice President of Investor Relations	no data	no data	no data
Katherine Brennan	Senior VP & General Counsel	no data	no data	0.00032% $ 315.1k
John Jones	Chief Marketing and Communications Officer	1.6yrs	no data	0.0019% $ 1.9m
Carmen Fernandez	Senior VP & Chief People Officer	3.1yrs	no data	0.00057% $ 561.3k
Dina Shapiro	Chief Tax Officer	8.9yrs	no data	no data
Keith Walsh	CFO of the Risk & Insurance Services and CFO of Marsh	6.8yrs	no data	no data

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: MMC's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Doyle	President	no data	US$11.60m	0.012% $ 11.4m
H. Hanway	Independent Chairman of the Board	14.1yrs	US$520.00k	0.0068% $ 6.7m
Deborah Hopkins	Independent Director	7.1yrs	US$329.84k	0% $ 0
Bruce Nolop	Independent Director	16.1yrs	US$345.00k	0.0089% $ 8.7m
Steven Mills	Independent Director	12.8yrs	US$345.00k	0.0098% $ 9.6m
Oscar Fanjul Martin	Independent Director	23.1yrs	US$330.16k	0.012% $ 11.7m
Morton Schapiro	Independent Director	22.1yrs	US$340.00k	0% $ 0
Tamara Ingram	Independent Director	4.6yrs	US$320.00k	0% $ 0
Lloyd Yates	Independent Director	12.8yrs	US$340.00k	0.0049% $ 4.8m
Alexander Moczarski	Chairman of Marsh & McLennan Companies International	11.9yrs	US$4.51m	no data
Anthony Anderson	Independent Director	7.4yrs	US$320.00k	0.00020% $ 197.0k
Jane Lute	Independent Director	3.9yrs	US$320.00k	0.00034% $ 334.8k

12.8yrs

Average Tenure

67.5yo

Average Age

Experienced Board: MMC's board of directors are seasoned and experienced ( 12.8 years average tenure).

Marsh & McLennan Companies Management

Management criteria checks 2/4

Key information

Recent management updates

Marsh & McLennan Companies, Inc. Appoints Jan Siegmund as Director

Marsh & Mclennan Companies, Inc. Announces Management Changes

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

Recent updates

Mercer CFA Institute Global Pension Index 2024 Highlights Need for Retirement System Improvements Given Falling Birth Rates and Increasing Longevity

Marsh & McLennan Companies, Inc. to Report Q3, 2024 Results on Oct 17, 2024

Marsh & McLennan Companies, Inc. Appoints Jan Siegmund as Director

Marsh & McLennan Companies, Inc. to Report Q2, 2024 Results on Jul 18, 2024

Marsh & Mclennan Companies, Inc. Announces Management Changes

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 US$987k 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 US$519k worth of stock

Independent Director recently sold US$989k worth of stock

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

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 US$1.5m worth of stock

Independent Director recently sold US$1.0m worth of stock

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age