Management ChangeApr 14, 2026, 12:50 PM
Marsh & McLennan Appoints Mark McGivney as COO & CFO
AI Summary
Marsh & McLennan Companies, Inc. announced the appointment of Mark McGivney as Executive Vice President, Chief Operating Officer & Chief Financial Officer, effective April 15, 2026. Mr. McGivney, previously Senior Vice President and CFO of Marsh, will receive an annual base salary of $1,250,000. His compensation package also includes an annual bonus target of $3,450,000 and a long-term incentive award target of $6,300,000, alongside a $10 million stock unit grant.
Key Highlights
- Mark McGivney appointed Executive Vice President, COO & CFO effective April 15, 2026.
- Annual base salary set at $1,250,000.
- Annual bonus target of $3,450,000 for 2026 performance year.
- Long-term incentive award target value of $6,300,000 starting 2027.
- Received a $10 million stock unit grant vesting in three equal annual installments.
Price Impact
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