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Doyle will succeed the retired MMC CEO Glaser



Marsh & McLennan Cos. Inc. said Monday that John Q. Doyle will take the helm of the company as president and CEO effective Jan. 1, 2023, succeeding Daniel S. Glaser, who is retiring at the end of this year.

Mr. Glaser, who is 62, will also retire from the company’s board and Mr. Doyle, 58, will join the board as a director, a statement from Marsh McLennan said.

Mr. Doyle was named CEO and COO of Marsh McLennan in January 2022 and prior to that was president and CEO of Marsh LLC, its principal brokerage, from 2017 to 2021.

He joined Marsh McLennan in 2016, following a long career at American International Group Inc. during which he held various senior positions including President of AIG̵

7;s Commercial Insurance business and President and CEO of AIG’s US Property/Casualty business

Mr. Glaser was named president and CEO of Marsh McLennan in 2013, succeeding the departing Brian Duperreault.

Mr. Glaser had rejoined Marsh McLennan in 2007, while it was still recovering from the fallout from investigations into alleged bid-rigging, as chairman and chief executive of Marsh. He began his career at Marsh in 1982 but spent many of the intervening years with AIG.

Under Mr. Glaser’s tenure at the company’s helm has seen Marsh McLennan’s revenue grow to more than $20 billion from $12 billion, H. Edward Hanway, chairman of the company’s board of directors, said in the statement.

Mr. Glaser oversaw Marsh McLennan’s $5.6 billion acquisition of Jardine Lloyd Thompson Group PLC in 2019 and launched Marsh McLennan Agency LLC, its middle-market business, which has closed 100 acquisitions and grown to $2.5 billion in annual revenue, according to the statement.


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