Marsh McLennan refreshes and expands board with new appointments
Global broker Marsh McLennan has expanded its board to house 15 directors with two new appointments in an effort to bring fresh perspectives and a variety of skillsets to decision making.
Judith Hartmann and Ray Young have joined the company's board of directors.
Hartmann was deputy CEO and chief financial officer of ENGIE, an international energy services company, from 2015 to 2022. Prior to joining ENGIE, she served as chief financial officer and member of the executive board of international media and services corporation Bertelsmann from 2012 to 2015, and held a number of financial and operational roles at General Electric in the US, Latin America and Europe from 2000 to 2012. She currently serves on the Board of Directors of Unilever and has previously served on the boards of Suez, RTL Group, Penguin Random House and Gruner + Jahr.
Young was vice chairman of Archer-Daniels-Midland Company (ADM), a global agricultural processing and nutrition company, until his retirement at the end of 2022. Previously, he served as ADM’s chief financial officer from 2010 to April 2022. Prior to joining ADM, he lived and worked on four continents, serving in various senior executive roles at General Motors Company from 1986 to 2010, including as president of the Mercosur region of South America, chief financial officer and vice president of International Operations, based in China. He serves on the boards of the International Paper Company, Hormel Foods Corporation and the American Cancer Society Illinois Division.
H. Edward Hanway, chairman of the company’s board of directors, said: “We are committed to best practices in corporate governance, including effective succession planning and Board refreshment. Judith and Ray bring deep and diverse financial, international operations and governance experience to our Board. We look forward to working alongside them.”
John Doyle, president and CEO of Marsh McLennan, added: “I am delighted to welcome Judith and Ray to the Board. Both bring tremendous capabilities and leadership experience, and we will benefit from their input and insights.”
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