Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________


FORM			8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of report (Date of earliest event reported)			October 9, 2023


Marsh & McLennan Companies, Inc.
(Exact Name of Registrant as Specified in its Charter)


Delaware	1-5998	36-2668272
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1166 Avenue of the Americas,

New York,

10036

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code

(212)

345-5000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


			☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


			☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


			☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


			☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of exchange on which registered

Common Stock, par value $1.00 per share

MMC

New York Stock Exchange

Chicago Stock Exchange

London Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


			Emerging growth company			☐
			If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.			☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b) On October 9, 2023, Martine Ferland informed Marsh & McLennan Companies, Inc. (the “Company”) of her intention to retire as Mercer’s President and Chief Executive Officer on March 31, 2024.

Item 8.01 Other Events

On October 12, 2023, the Company announced the appointment of Patrick Tomlinson as President and Chief Executive Officer of Mercer and Vice Chair of the Company, effective April 1, 2024.

A copy of the press release is attached hereto and as Exhibit 99.1 and incorporated by reference herein.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			MARSH & McLENNAN COMPANIES, INC.

			By:			/s/ Connor Kuratek
			Name:			Connor Kuratek
			Title:			Deputy General Counsel & Corporate Secretary

Date: October 12, 2023

EXHIBIT INDEX

Exhibit No. Exhibit


99.1			Press release issued by Marsh & McLennan Companies, Inc. on October 12, 2023


						Marsh McLennan 1166 Avenue of the Americas New York, New York 10036-2774 212 345 5000 www.marshmclennan.com


News release			Exhibit 99.1


Media Contact: Erick Gustafson Marsh McLennan +1 202 263 7788 erick.gustafson@mmc.com			Investor Contact: Sarah DeWitt Marsh McLennan +1 212 345 6750 sarah.dewitt@mmc.com

Marsh McLennan names Pat Tomlinson President of Mercer

Mercer’s Martine Ferland to remain CEO through transition and retire March 31, 2024

NEW YORK, October 12, 2023 — Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, announced that effective today Pat Tomlinson has been appointed President of Mercer, Marsh McLennan’s global business in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Martine Ferland remains Mercer CEO and Vice Chair of Marsh McLennan and will oversee Mercer’s regional leaders until she retires on March 31, 2024.

As President, Mr. Tomlinson will report to Ms. Ferland and have management responsibility for Mercer’s global Health, Wealth and Career practices. Mr. Tomlinson will retain his responsibilities as Marsh McLennan US and Canada CEO and Mercer US and Canada President in the near term. Following Ms. Ferland’s retirement, Mr. Tomlinson will succeed her as President and CEO of Mercer and Vice Chair of Marsh McLennan, and he will join Marsh McLennan’s Executive Committee reporting to John Doyle, Marsh McLennan President and CEO.

Mr. Doyle said, “I am excited for Pat’s appointment as Mercer President. He is a leader with a proven record of success who delivers growth and drives transformation, and who possesses a deep understanding of our business and clients. I look forward to working with Pat in his new role.”

He added, “Mercer and Marsh McLennan colleagues will miss Martine’s exceptional and empathetic leadership. I’ve personally benefited from her counsel and have been inspired by her passion for our clients, our colleagues and our Company.”

“I have full confidence in Pat having worked closely with him over the years. He builds high-performing teams with a commercial mindset, and a focus on collaboration and inclusion,” commented Ms. Ferland. “I look forward to working with Pat to position Mercer for continued success.”

Mr. Tomlinson commented, “I am grateful for the opportunity to help lead Mercer and, with our colleagues, create the best outcomes for our clients. I’m also thankful for John’s and Martine’s leadership as we work through this period of transition.”

Pat Tomlinson joined Mercer in 2014 as US and Canada Career business leader and, from 2018 to 2020, led the US East Market, where he guided Mercer's Health, Wealth, and Career businesses to meet ever-changing client needs. Prior to joining Mercer, he spent 17 years with Aon and served as an officer in the US Army, having graduated from the United States Military Academy at West Point.

About Marsh McLennan

Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com and follow us on LinkedIn and Twitter.

Document and Entity Information	Oct. 09, 2023
Entity Information [Line Items]
Document Type	8-K
Document Period End Date	Oct. 09, 2023
Entity Registrant Name	Marsh & McLennan Companies, Inc.
Entity Incorporation, State or Country Code	DE
Entity File Number	1-5998
Entity Tax Identification Number	36-2668272
Entity Address, Address Line One	1166 Avenue of the Americas,
Entity Address, City or Town	New York,
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10036
City Area Code	(212)
Local Phone Number	345-5000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	MMC
Entity Central Index Key	0000062709
Amendment Flag	false
NEW YORK STOCK EXCHANGE, INC.
Entity Information [Line Items]
Security Exchange Name	NYSE
X C H I
Entity Information [Line Items]
Security Exchange Name	CHX