Marsh & McLennan controller to depart; successor named
New York-based Marsh & McLennan Companies (MMC) has appointed Stacy Mills as its new vice president and controller. She will also serve as the firm’s chief accounting officer.
As controller and chief accounting officer, Mills succeeds Robert Rapport, who is retiring from Marsh & McLennan after having served as controller since 1999. Rapport joined the company in 1986 as vice president, audit and control, responsible for Marsh & McLennan’s global internal audit function. Prior to joining Marsh & McLennan, he was a partner with Deloitte & Touche.
Since January 2015, Mills has served as vice president and deputy controller of Marsh & McLennan Companies. She joined Marsh & McLennan in 1999 as controller of Putnam Investments, and her prior finance leadership roles include leading the firm’s finance transformation programme and serving as controller of Marsh, a wholly owned subsidiary of Marsh & McLennan. Previously, she served in corporate accounting and financial reporting roles at State Street Corporation, and in public accounting for Grant Thornton and Ernst & Young.
Mills will report to Mark McGivney, chief financial officer of Marsh & McLennan Companies.
"Stacy’s demonstrated leadership track record and deep corporate and public accounting experience make her ideally suited to serve as Controller and Chief Accounting Officer for Marsh & McLennan," said McGivney. "I look forward to continuing to work closely with Stacy in her new leadership role."
"On behalf of Marsh & McLennan, I want to thank Bob for his dedicated leadership and significant contributions to our firm for over three decades," he added.
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