Marsh Announces New Global Management Structure
New York | September 07, 2017
John Doyle, President and Chief Executive Officer of Marsh, today announced the firm’s new global management structure, including new appointments to its executive management team, effective immediately. Marsh is a global leader in insurance broking and innovative risk management solutions, advising individual and commercial clients of all sizes in over 130 countries.
Marsh’s global management structure includes the newly-formed Global Risk & Digital (GR&D) division, which brings together Marsh’s wide range of innovative solutions and products for small commercial businesses, families and individuals. GR&D also comprises Marsh’s consulting practices and its data, digital, and analytics solutions. John Drzik, previously President of Global Risk & Specialties, is appointed President of Global Risk & Digital. Mr. Drzik will report to Mr. Doyle and will continue to serve on Marsh’s Executive Committee.
Marsh’s management structure also includes the newly-formed Global Placement & Specialties division, which encompasses Marsh’s insurance placement activities as well as its global industry and practice specialties. Marsh’s Global Placement operations include Retail and Specialty, Wholesale, and Portfolio Solutions. Global Specialties operations include Aviation, Construction, Credit, Energy, Marine, Private Equity and M&A (PEMA) and Infrastructure. Dean Klisura is appointed President, Global Placement and Specialties. In this role, Mr. Klisura will report to Mr. Doyle and serve on Marsh’s Executive Committee.
Marsh’s new structure also includes Marsh International, which comprises operations in Africa, Asia, Continental Europe, Latin America & the Caribbean, Middle East and North Africa, Pacific, and UK & Ireland. Flavio Piccolomini is appointed President of Marsh International, reporting to Mr. Doyle. In this role, Mr. Piccolomini will serve on Marsh’s Executive Committee and will relocate to London. Previously CEO of Marsh Continental Europe, Mr. Piccolomini will continue to lead Continental Europe on an interim basis.
“This is an exciting time in our industry as the complexity of risks and the speed of change our clients face increase,” said Mr. Doyle. “Our new global structure and expanded executive team will better enable us to deliver unmatched innovation and value to our clients around the world.”
In connection with today’s announcement, Mr. Doyle made additional appointments to Marsh’s Executive Committee, including Martin South, President, US & Canada; and David Eslick, Chairman and CEO of Marsh & McLennan Agency.
Other members of Marsh’s Executive Committee are: David Batchelor, Vice Chairman, Marsh; Liz Cole, Chief Human Resources Officer; Ed Dandridge, Chief Marketing & Communications Officer; Pat Hagemann, Chief Administrative Officer; Susan Stone, General Counsel; and, Keith Walsh, Chief Financial Officer.
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.