Marsh & McLennan Companies Announces Scott McDonald to Become Chief Executive Officer of Oliver Wyman Group; John Drzik to Jo...
03 12월 2013 - 6:05AM
Business Wire
Marsh & McLennan Companies (NYSE:MMC) today announced that
Scott McDonald, currently President of Oliver Wyman (the management
consulting business of Oliver Wyman Group), has been named Chief
Executive Officer of Oliver Wyman Group, effective January 1, 2014.
As CEO of Oliver Wyman Group, Mr. McDonald will have responsibility
for managing Oliver Wyman, NERA and Lippincott. He will report to
Dan Glaser, President and Chief Executive Officer of Marsh &
McLennan Companies and will become a member of the Marsh &
McLennan Companies Executive Committee.
John Drzik (Photo: Business Wire)
John Drzik, currently Chairman and Chief Executive Officer of
Oliver Wyman Group, will move to Marsh, Inc. to become President,
Global Risk and Specialties. In this role, Mr. Drzik will report to
Peter Zaffino, President and Chief Executive Officer of Marsh, and
will oversee a number of businesses, including Marsh’s Global
Industries, Global Practices, Risk Solutions, Global Analytics and
Technologies, and the Insurer Consulting Group. Mr. Drzik has also
been named Chairman of the newly formed Marsh & McLennan
Companies Global Risk Center, where he will work to strengthen
collaboration across the firm to benefit our clients in areas such
as global risk analytics, research and thought leadership.
“The changes we are announcing today will strengthen Marsh &
McLennan Companies,” said Dan Glaser, President and Chief Executive
Officer of Marsh & McLennan Companies. “Scott is a proven
leader at Oliver Wyman and will be a great addition to the senior
management team at Marsh & McLennan Companies. Similarly, John
has distinguished himself at Oliver Wyman Group as a thoughtful and
effective leader. He will bring a new perspective to Marsh as it
looks to accelerate growth in key areas of its business. The
ability to move senior business leaders across our organization is
a validation of the depth of our management team,” concluded Mr.
Glaser.
“I am honored to take on the role of Chief Executive Officer of
Oliver Wyman Group and look forward to leading our firm forward,”
said Mr. McDonald. “It has been an absolute pleasure working with
John Drzik over the last 18 years. Together with all of my
colleagues, I wish John well as he takes on a new role at
Marsh.”
Mr. Drzik said, “I’m eager to take on the challenge of my new
role and work with Peter Zaffino and his senior leadership team to
seek new opportunities for growth and innovation at Marsh. I am
also excited about working with colleagues across Marsh &
McLennan Companies on a new Global Risk Center, so we can expand
and showcase the breadth of our organization’s knowledge in global
risk areas.”
Scott McDonald has been President of Oliver Wyman since 2012.
Previously, he was the Managing Partner of Oliver Wyman’s Financial
Services practice. Prior to that role, Mr. McDonald was the Global
Head of the Corporate & Institutional Banking Practice within
Financial Services, which includes the firm’s activities in the
areas of Corporate Banking, Investment Banking, Capital Markets,
Asset Management, Exchanges, and other related businesses. Mr.
McDonald joined Oliver, Wyman & Company in 1995 and was elected
a Partner in 2000 and Managing Partner in 2007. He has degrees in
Finance & Economics from McGill University and International
Relations from Cambridge University.
John Drzik joined Oliver, Wyman & Company in 1984 and was
named Chairman in 2000. He played a key role in establishing the
firm’s leadership position in financial services strategy and risk
management consulting. In 2003, Marsh & McLennan Companies
acquired Oliver, Wyman & Company, and in 2006, Mr. Drzik was
named Chairman of Oliver Wyman Group. Mr. Drzik is the author of
numerous articles on strategy, risk management, and financial
services, and is also the founder of the Oliver Wyman Institute, a
cooperative academic forum designed to accelerate knowledge
transfer between the academic community and the financial services
industry. Mr. Drzik graduated summa cum laude with a BSE in
Engineering Management Systems from Princeton University. He is
currently on the Board of Directors of Betaworks and the
International Risk Governance Council, and on the Industry Advisory
Board of the Wharton Financial Institutions Center.
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE:MMC) is a global
professional services firm offering clients advice and solutions in
the areas of risk, strategy, and human capital. Marsh is
a global leader in insurance broking and risk management; Guy
Carpenter is a global leader in providing risk and reinsurance
intermediary services; Mercer is a global leader in talent,
health, retirement, and investment consulting; and Oliver Wyman
Group is a global leader in management consulting. Marsh &
McLennan Companies’ 54,000 colleagues worldwide provide analysis,
advice, and transactional capabilities to clients in more than 100
countries. The Company prides itself on being a
responsible corporate citizen and making a positive
impact in the communities in which it operates. Visit
www.mmc.com for more information.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20131202006244/en/
Media:Marsh & McLennan CompaniesLaura Cora,
+1-212-345-2731laura.cora@mmc.comorInvestor:Marsh &
McLennan CompaniesKeith Walsh,
+1-212-345-0057keith.walsh@mmc.com
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