Marsh & McLennan Companies appointed Mark McGivney as Executive Vice President, Chief Operating Officer & Chief Financial Officer effective April 15, 2026, with new compensation terms including a $1.25 million base salary and significant incentive awards.
Key takeaways
Mark McGivney appointed as Executive Vice President, Chief Operating Officer & CFO effective April 15, 2026, expanding his role beyond CFO.
McGivney will receive a $1.25 million annual base salary and is eligible for a $3.45 million target annual bonus for 2026.
He will receive a $10 million stock unit grant on May 1, 2026, vesting in three equal annual installments starting May 15, 2027.
McGivney is eligible for a $6.3 million target long-term incentive award starting with the 2027 grant.
CEO John Doyle stated McGivney will help drive company priorities at greater pace and scale in a complex macroenvironment.