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Pat Donnelly Appointed President of Marsh US and Canada
Rhea-AI Impact
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Rhea-AI Sentiment
(Positive)
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Rhea-AI Summary
Marsh has appointed Pat Donnelly as President of Marsh US and Canada, effective January 1, 2022. Donnelly, who has over 20 years of experience in the industry, will succeed Martin South, recently appointed President and CEO of Marsh. His leadership is expected to guide Marsh through a challenging risk landscape while enhancing client solutions. Marsh McLennan, the parent company, reports annual revenue exceeding $18 billion and operates globally with around 40,000 employees.
Positive
Appointment of a seasoned leader, Pat Donnelly, to President of Marsh US and Canada.
Donnelly has over 20 years of experience, enhancing confidence in leadership stability.
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None.
NEW YORK--(BUSINESS WIRE)--
Marsh, the world’s leading insurance broker and risk advisor, today announced the appointment of Pat Donnelly, currently Head of Marsh Specialty for Marsh US and Canada, as President of Marsh US and Canada, effective January 1, 2022.
Mr. Donnelly will succeed Martin South, who earlier today was appointed President and CEO of Marsh and Vice Chair of Marsh McLennan effective on the same date. He will report to Mr. South and join Marsh’s Executive Committee. In the role, he will oversee Marsh’s insurance brokerage and risk advisory businesses across the US and Canada.
Mr. Donnelly brings over 20 years of experience to the post, having served in his current role since 2019 when JLT was acquired by Marsh McLennan. Previously, he was CEO of JLT Specialty US and held executive leadership positions at Aon Risk Solutions.
Commenting on the announcement, Mr. South said: “Marsh US and Canada has a talented team, and the region has consistently stepped up to help our clients through a challenging risk landscape over the last 18 months. Pat’s experience and leadership will help Marsh US and Canada continue to achieve its business goals, meet clients’ challenges in the years ahead, and offer enhanced opportunities for our colleagues.”
Mr. Donnelly added: “Organizations across the US and Canada are faced with unprecedented challenges to their business operations and their resilience plans have been tested to the limit. At a time when we mark 150 years of serving clients, I look forward to working with the colleagues across the region to develop the solutions that will enable firms to face the future with greater confidence and contributing to their success.”
About Marsh
Marsh is the world’s leading insurance broker and risk advisor. With around 40,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue over $18 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit mmc.com, follow us on LinkedIn and Twitter or subscribe to BRINK.
What is the significance of Pat Donnelly's appointment at Marsh?
Pat Donnelly's appointment as President of Marsh US and Canada is significant as he brings over 20 years of leadership experience, which is expected to drive business goals and enhance client solutions.
When does Pat Donnelly officially take over as President of Marsh US and Canada?
Pat Donnelly officially takes over as President of Marsh US and Canada on January 1, 2022.
What is Marsh McLennan's annual revenue?
Marsh McLennan reports an annual revenue exceeding $18 billion.
Who did Pat Donnelly succeed at Marsh?
Pat Donnelly succeeded Martin South, who was appointed President and CEO of Marsh.