Marsh & McLennan Companies Management
Management criteria checks 2/4
Marsh & McLennan Companies' CEO is John Doyle, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is $19.05M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth $14.99M. The average tenure of the management team and the board of directors is 3.9 years and 12.8 years respectively.
Key information
John Doyle
Chief executive officer
US$19.1m
Total compensation
| CEO salary percentage | 7.3% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.9yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
Marsh & McLennan: An Advisory Powerhouse
Dec 17Marsh & McLennan: McGriff Acquisition Is A Good Deal
Sep 30Marsh & McLennan: Hedge For An Uncertain Geopolitical Environment
Aug 22Marsh & McLennan: Insurance Premium Growth Ahead
Jun 06Marsh & McLennan: Scale Advantage And Macro Uncertainty Support Growth Story
Apr 29Marsh & McLennan Q4: Strong Rate Increase, Expect MSD Organic Revenue Growth In FY24
Feb 08Marsh & McLennan: Bullish On Its Double-Digit Growth Across Key Metrics (Upgrade)
Dec 29Marsh & McLennan: Strong Performance Across Economic Cycles
Oct 24Marsh & McLennan Companies: Mix Shift Towards Higher Growth Areas
Sep 13Marsh & McLennan: 3 Reasons To Sell And Take A Capital Gain
Jul 22Marsh & McLennan Q4 2022 Earnings Preview
Jan 25Marsh & McLennan declares $0.59 dividend
Jan 12Marsh McLennan unit acquires HMS Insurance Associates
Jan 04Marsh & McLennan: Investing In The Stock Vs. Buying Government Bonds
Dec 25Marsh & McLennan Companies unit acquires Bradley Insurance Agency
Nov 02Marsh & McLennan Q3 2022 Earnings Preview
Oct 19Marsh & McLennan - Following A Simple Thesis
Oct 12Marsh & McLennan declares $0.59 dividend
Sep 22Marsh McLennan Agency acquires Steinberg & Associates
Sep 01Marsh & McLennan: Watch Quality Stay Stable
Jul 25Marsh & McLennan raises dividend by 10% to $0.59/share
Jul 13Marsh & McLennan: Trees Don't Grow To The Sky, But Brokers Might
May 13Marsh & McLennan And Its Closest Peer
Apr 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$4b |
| Jun 30 2024 | n/a | n/a | US$4b |
| 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 US market ($USD12.86M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
CEO
John Doyle (60 yo)
1.9yrs
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 |
|---|---|---|---|---|
| President | 1.9yrs | US$19.05m | 0.015% $ 15.0m | |
| Chief Financial Officer | 8.9yrs | US$7.32m | 0.0069% $ 7.1m | |
| Vice Chair | 2.9yrs | US$7.79m | 0.0024% $ 2.4m | |
| Vice Chair | 2.9yrs | US$6.18m | 0.0048% $ 5.0m | |
| VP, Controller & Chief Accounting Officer | 6.9yrs | no data | 0.00060% $ 619.8k | |
| Senior VP & Chief Information Officer | 3.9yrs | no data | 0.0022% $ 2.3m | |
| Head of Investor Relations | less than a year | no data | no data | |
| Senior VP & General Counsel | no data | no data | 0.00065% $ 671.5k | |
| Chief Marketing & Communications Officer | 2.4yrs | no data | 0.0020% $ 2.0m | |
| Senior VP & Chief People Officer | 3.9yrs | no data | 0.0013% $ 1.4m | |
| Chief Tax Officer | 9.8yrs | no data | no data | |
| CFO of the Risk & Insurance Services and CFO of Marsh | 7.6yrs | no data | no data |
3.9yrs
Average Tenure
56yo
Average Age
Experienced Management: MMC's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | US$19.05m | 0.015% $ 15.0m | |
| Independent Chairman of the Board | 14.9yrs | US$535.00k | 0.0070% $ 7.3m | |
| Independent Director | 7.9yrs | US$355.00k | 0% $ 0 | |
| Independent Director | 13.6yrs | US$360.00k | 0.010% $ 10.5m | |
| Independent Director | 23.9yrs | US$335.00k | 0.0094% $ 9.7m | |
| Independent Director | 22.9yrs | US$355.00k | 0% $ 0 | |
| Independent Director | 5.4yrs | US$335.00k | 0% $ 0 | |
| Independent Director | 13.6yrs | US$355.00k | 0.0049% $ 5.1m | |
| Chairman of Marsh & McLennan Companies International | 12.8yrs | US$4.51m | no data | |
| Independent Director | 8.3yrs | US$335.00k | 0.00020% $ 206.6k | |
| Independent Director | 1.8yrs | US$287.53k | 0.00042% $ 433.9k | |
| Independent Director | 4.8yrs | US$335.00k | 0.00034% $ 351.2k |
12.8yrs
Average Tenure
68yo
Average Age
Experienced Board: MMC's board of directors are seasoned and experienced ( 12.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marsh & McLennan Companies, Inc. is covered by 42 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Gelb | Barclays |
| Alex Scott | Barclays |
| null null | BMO Capital Markets Equity Research |