9 Oct 2013 17:30
Marsh & McLennan Companies, Inc. (NYSE:MMC), a global professional services firm offering advice and solutions in risk, strategy, and human capital, today announced that Vice Chairman David Nadler will retire from the Company at year end. Dr. Nadler, who turns 65 in November, joined Marsh & McLennan Companies in 2000 when the Company acquired Delta Consulting Group.
“David has been a central figure at Marsh & McLennan Companies for many years and a key advisor on strategy. He has played an important role in putting our Company on its current path to elite industry leader,” said Marsh & McLennan Companies President and Chief Executive Officer Dan Glaser. “David has been recognized repeatedly as one of the industry’s most influential consultants, and he leaves Marsh & McLennan Companies with our appreciation for a job well done.”
Marsh & McLennan Companies Independent Chairman of the Board of Directors Lord Lang said: "During David's distinguished tenure at the Company, his expertise in the areas of corporate and board governance as well as organizational change has been of tremendous value to the Board.”
Dr. Nadler was the founder and CEO of Delta Consulting Group and continued to serve as CEO of Mercer Delta Consulting through 2005. In early 2007, Dr. Nadler became Vice Chairman, Office of the CEO, of Marsh & McLennan Companies. He is a member of the Company’s Executive Committee and also serves as co-chairman of the board of the Marsh & McLennan Agency, a subsidiary of Marsh, our insurance broking and risk management firm.
Dr. Nadler is well known for his research and writing on organizational change, corporate governance, organization design, and executive teams. He has written numerous articles and authored and/or edited 16 books on these topics. In 2004, he co-chaired the National Association of Corporate Directors (NACD) Blue Ribbon Commission on Board Leadership, and in 2009 was a member of the NACD Blue Ribbon Commission on Risk and Governance. For five years in a row (2009 - 2013) he was listed in the “Directorship 100” as one of the most influential people in the boardroom and in 2013 was inducted into the NACD Directorship 100 Corporate Governance Hall of Fame.
Prior to founding Delta Consulting Group, Dr. Nadler was an Associate Professor at the Graduate School of Business, Columbia University. He holds a BA in International Affairs from The George Washington University, an MBA from the Harvard Business School, and an MA and PhD in Psychology from the University of Michigan. He is a member of many prestigious professional associations and has been awarded top honors from distinguished psychology and management organizations.
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 human capital. Marsh is a global leader in insurance broking and risk management; Guy Carpenter is a global leader in providing risk and reinsurance intermediary services; Mercer is a global leader in talent, health, retirement, and investment consulting; and Oliver Wyman is a global leader in management consulting. Marsh & McLennan Companies' 54,000 colleagues worldwide provide analysis, advice, and transactional capabilities to clients in more than 100 countries. The Company prides itself on being a responsible corporate citizen and making a positive impact in the communities in which it operates. Visit www.mmc.com for more information.
MEDIA:Marsh & McLennan CompaniesLaura Cora, +1 212 345 2731laura.cora@mmc.comorINVESTOR:Marsh & McLennan CompaniesKeith Walsh, +1 212 345 0057keith.walsh@mmc.com
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