Marsh McLennan Re-Elects Board of Directors During 2021 Stockholders’ Meeting

Rhea-AI Summary

Marsh McLennan (NYSE: MMC) held its annual stockholders' meeting, where all 2021 director nominees were elected for a one-year term. The newly elected directors include notable figures like Daniel S. Glaser and Deborah C. Hopkins. Additionally, stockholders ratified Deloitte & Touche LLP as the independent public accounting firm for 2021 and approved the compensation for named executive officers through a nonbinding vote. The company reported an annual revenue of $17 billion, highlighting its leadership in risk and strategy services.

Positive

• All 2021 director nominees elected for a one-year term, ensuring continuity in leadership.
• Ratification of Deloitte & Touche LLP enhances confidence in independent financial oversight.

Negative

• Nonbinding approval of executive compensation may raise concerns about alignment with shareholder interests.

Marsh McLennan (NYSE: MMC) today held its annual meeting of stockholders. During the meeting, stockholders elected the entire slate of 2021 director nominees for a one-year term expiring at next year's annual meeting. They are: Anthony K. Anderson, Oscar Fanjul, Daniel S. Glaser, H. Edward Hanway, Deborah C. Hopkins, Tamara Ingram, Jane H. Lute, Steven A. Mills, Bruce P. Nolop, Marc D. Oken, Morton O. Schapiro, Lloyd M. Yates and R. David Yost.

Stockholders also ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2021, and approved, by nonbinding vote, the compensation of the Company’s named executive officers.

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 $17 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 mmc.com, follow us on LinkedIn and Twitter or subscribe to BRINK.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210520005764/en/

FAQ

What happened during the Marsh McLennan annual meeting on May 20, 2021?

During the meeting, stockholders elected the entire slate of 2021 director nominees and ratified Deloitte & Touche LLP as the independent accounting firm.

Who were the elected directors from Marsh McLennan's 2021 slate?

The elected directors include Anthony K. Anderson, Oscar Fanjul, Daniel S. Glaser, and others.

What is the significance of the approval of executive compensation at Marsh McLennan?

The nonbinding vote on executive compensation reflects shareholder sentiment and can influence future compensation discussions.