Marsh & McLennan ($MMC): Nick Studer will succeed Martin South as President & CEO of Marsh Risk effective…
Filed with the SEC on · Summarized by InvestorsBot
Marsh & McLennan ($MMC): Nick Studer will succeed Martin South as President & CEO of Marsh Risk effective Apr 1, 2026. Studer has led Oliver Wyman & Marsh Management Consulting since Jul 2021 and has been with MMC since 1997. 🧭 #Leadership #RiskManagement
$MMC: Martin South will become Senior VP & Chief Client Officer on Apr 1, 2026. Comp terms: base salary unchanged; 2026 bonus target $1,500,000 (paid Feb 2027); LTI target $1,750,000 (award 2027); 12‑month enhanced severance starting Apr 1, 2026. 💼 #ExecutiveComp #Governance
Corporate timing: Compensation Committee approved South’s amended terms on Mar 5, 2026; company announced leadership changes on Mar 10, 2026. Press release filed as Exhibit 99.1. $MMC 🗓️ #SECfilings #InvestorUpdate