Marsh McLennan Names Nick Studer President & CEO of Oliver Wyman Group and Vice Chair of Marsh McLennan
Marsh McLennan (NYSE: MMC) announced the appointment of Nick Studer as President and CEO of Oliver Wyman Group, effective July 1, 2021. Studer, who has been with Oliver Wyman for 23 years, will also serve as Vice Chair of Marsh McLennan and join its Executive Committee. He succeeds Scott McDonald, who has been appointed CEO of the British Council. Mr. Glaser, President and CEO of Marsh McLennan, praised Studer's leadership and his contributions to the company's Inclusion and Diversity agenda.
- Nick Studer appointed as President and CEO of Oliver Wyman Group.
- Studer's extensive experience spanning 23 years at Oliver Wyman.
- Commitment to Inclusion and Diversity under Studer's leadership.
- None.
Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today announced that Nick Studer has been appointed President and CEO of Oliver Wyman Group effective July 1, 2021. Mr. Studer will also become a Vice Chair of Marsh McLennan and join the company’s Executive Committee.
In this role, Mr. Studer will lead all businesses across the Oliver Wyman Group, including NERA, Lippincott and OW Actuarial, and continue serving as Managing Partner of Oliver Wyman’s management consulting business, a role he assumed earlier this year. Mr. Studer will report to Dan Glaser, President and CEO of Marsh McLennan.
“Nick has led many of Oliver Wyman’s major practices in his 23 years with the business, and every one of them has been the better for his guidance. In addition to his work with clients, he has been a leading voice for change and a major driver of our Inclusion and Diversity agenda,” said Mr. Glaser. “His understanding of how to make businesses and people thrive will be indispensable as we build our enterprise’s shared future.”
Mr. Studer has led the Corporate & Institutional Banking and Risk practices, the Financial Services practice, and most recently Oliver Wyman’s Consumer, Industrials and Service practices. He was elected Partner in 2003 and has served on Oliver Wyman’s Executive Committee since 2012. In addition to his work with clients, he has been a leader of various Inclusion and Diversity efforts within the management consulting business and was named a Top 20 advocate by Involve/Empower.
Mr. Studer succeeds Scott McDonald, who has served as President of Oliver Wyman since 2012, and has just been appointed CEO of the British Council, the UK’s international organization for cultural relations and educational opportunities. Mr. McDonald leaves Oliver Wyman after a distinguished 26-year career at the firm.
Mr. Glaser described Mr. McDonald’s time leading Oliver Wyman, “As CEO he led the unification of Oliver Wyman and its transformation in 2018 with a new, comprehensive business strategy. His focus has always been on creating impact for our people, our clients, the communities in which we live and work, and the world at large. We thank him for his numerous contributions and wish him continued success.”
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 76,000 colleagues advise clients in 130 countries. With annual revenue of
View source version on businesswire.com: https://www.businesswire.com/news/home/20210601005210/en/
FAQ
Who is the new President and CEO of Oliver Wyman Group?
What role will Nick Studer have at Marsh McLennan?
Who did Nick Studer succeed as CEO of Oliver Wyman?
How long has Nick Studer been with Oliver Wyman?
What is Marsh McLennan's annual revenue?
