1. Marsh McLennan announced the results of its 2025 Annual Meeting. 2. All director nominees were elected for a one-year term. 3. Oscar Fanjul retired after over 23 years of service. 4. Deloitte & Touche LLP was ratified as the independent auditor for 2025. 5. Stockholders approved executive compensation and an incentive plan.
The election of directors and auditor is a routine procedure that doesn't directly influence stock performance. Historical examples show that such governance changes typically stabilize rather than spike investor confidence.
The routine nature of the events reported limits their immediate impact. However, effective governance and the continuity of leadership can contribute to long-term stability and growth.
The effects of executive and board changes are usually felt in the short-term. Inheritance of a well-structured governance generally provides steady operational continuity without immediate market reactions.
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy, and people, today announced the results of its 2025 Annual Meeting of Stockholders.
Stockholders elected the entire slate of 2025 director nominees for a one-year term expiring at next year’s annual meeting. The 11 directors are: Anthony K. Anderson, John Q. Doyle, H. Edward Hanway, Judith Hartmann, Deborah C. Hopkins, Tamara Ingram, Jane H. Lute, Steven A. Mills, Morton O. Schapiro, Jan Siegmund and Lloyd M. Yates. Oscar Fanjul is retiring from the Board after more than 23 years of service and did not stand for re-election.
John Doyle, President and CEO of Marsh McLennan, said, “I want to thank Oscar for his many contributions to Marsh McLennan during his tenure on our Board. We are fortunate to have had his trusted counsel and guidance.”
Stockholders also ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2025; approved, by non-binding vote, the compensation of the Company's named executive officers; and approved the Company’s Amended and Restated 2020 Incentive and Stock Award Plan.
An audio webcast of the Marsh McLennan 2025 Annual Meeting will be available at marshmclennan.com tomorrow.
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow us on LinkedIn and X.