Marsh & McLennan extends CEO Duperreault's contract

Insurance broker and consulting firm Marsh & McLennan Cos. said Monday that it will extend President and CEO Brian Duperreault's contract an additional three years to Jan. 29, 2014.
SEP 21, 2009
By  Bloomberg
Insurance broker and consulting firm Marsh & McLennan Cos. said Monday that it will extend President and CEO Brian Duperreault's contract an additional three years to Jan. 29, 2014. Chairman Stephen Hardis said in a statement that the company has been very pleased with Duperreault's performance and his ability to lead the business through the recession. Duperreault, who has served as president and CEO since Jan. 30, 2008, was set to have his contract expire on Jan. 29. 2011. Shares of Marsh & McLennan dipped a penny to $23.87 in morning trading.

Latest News

The power of cultivating personal connections
The power of cultivating personal connections

Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.

A variety of succession options
A variety of succession options

Whichever path you go down, act now while you're still in control.

'I’ll never recommend bitcoin,' advisor insists
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound