CFO McGivney's Expanded Role Puts Marsh And McLennan Execution In Focus [Yahoo! Finance]
Marsh & McLennan Companies, Inc. (MMC)
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
Marsh & McLennan Companies (NYSE:MRSH) has expanded CFO Mark McGivney's role to include EVP and COO responsibilities. The leadership change is intended to tighten execution on top priorities and speed up coordination across business units. The move also connects senior leadership more directly to the firm's approach to mergers and acquisitions. For investors tracking Marsh & McLennan Companies at a share price of $170.1, this leadership shift adds an operational angle to a story that has recently centered more on valuation and analyst views. Over the past 5 years the company's share performance shows a 35.3% return, compared with a 20.9% decline over the past year and a 6.8% decline year to date. Returns over 3 years are close to flat, at a 1.0% decline. This kind of role expansion can matter for how effectively NYSE:MRSH pursues its existing priorities, including inorganic growth through M&A and ongoing efficiency efforts. Investors may want to watch upcoming updates on inte
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