Marsh & McLennan Companies Names Keith Walsh Chief Financial Officer of Risk and Insurance Services
New York | March 31, 2017
Marsh & McLennan Companies, Inc. (NYSE: MMC), a global professional services firm offering clients advice and solutions in risk, strategy and people, announced today that Keith Walsh has been appointed Chief Financial Officer of the Company’s Risk and Insurance Services (RIS) segment, which includes Marsh and Guy Carpenter. In this role, Mr. Walsh will also serve as Chief Financial Officer of Marsh. His appointment is effective as of May 1, 2017.
Mr. Walsh will report to Peter Zaffino, Chairman of Risk and Insurance Services, and to Mark McGivney, Chief Financial Officer of MMC, and be based in MMC’s New York headquarters. Since 2012, Mr. Walsh has been MMC’s Global Head of Investor Relations. Widely respected within the insurance industry, Mr. Walsh was ranked #2 Investor Relations Professional in the insurance industry by Institutional Investor magazine in 2017 and 2016.
“Keith’s deep understanding of the insurance industry and his demonstrated track record of strong financial strategy, planning and analysis make him ideally suited for this important role leading the Finance organization for Marsh and Guy Carpenter,” said Peter Zaffino, Chairman of Risk and Insurance Services.
In this role, Mr. Walsh succeeds Courtney Leimkuhler, who is leaving the Company to pursue an opportunity outside the industry. Ms. Leimkuhler joined MMC in 2013.
“We greatly admire the dedication, professionalism and commitment to excellence that Courtney exhibited during her tenure,” Mr. Zaffino added. “We wish her all the best in her future endeavors.”
Prior to joining MMC, Mr. Walsh spent 13 years as an equity research analyst at Citi, where he covered the insurance sector. He began his career as a research associate at Smith Barney, then a unit of Citigroup. Mr. Walsh received his Master of Business Administration from NYU Stern School of Business and his Bachelor of Science Degree from University at Albany-SUNY.
“I look forward to continuing to work with Keith in his new role,” said Mark McGivney, Chief Financial Officer of MMC. “He will be a terrific leader for Risk & Insurance Services’ Finance organization.”
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. Marsh is a leader in insurance broking and risk management; Guy Carpenter is a leader in providing risk and reinsurance intermediary services; Mercer is a leader in talent, health, retirement and investment consulting; and Oliver Wyman is a leader in management consulting. With annual revenue of $13 billion and approximately 60,000 colleagues worldwide, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 130 countries. The Company is committed to being a responsible corporate citizen and making a positive impact in the communities in which it operates. Visit www.mmc.com for more information and follow us on LinkedIn and Twitter @MMC_Global.
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.