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Vice Chairman David Nadler To Retire From Marsh & McLennan Companies At Year End

Stocks in this article: MMC

Marsh & McLennan Companies, Inc. (NYSE:MMC), a global professional services firm offering advice and solutions in risk, strategy, and human capital, today announced that Vice Chairman David Nadler will retire from the Company at year end. Dr. Nadler, who turns 65 in November, joined Marsh & McLennan Companies in 2000 when the Company acquired Delta Consulting Group.

“David has been a central figure at Marsh & McLennan Companies for many years and a key advisor on strategy. He has played an important role in putting our Company on its current path to elite industry leader,” said Marsh & McLennan Companies President and Chief Executive Officer Dan Glaser. “David has been recognized repeatedly as one of the industry’s most influential consultants, and he leaves Marsh & McLennan Companies with our appreciation for a job well done.”

Marsh & McLennan Companies Independent Chairman of the Board of Directors Lord Lang said: "During David's distinguished tenure at the Company, his expertise in the areas of corporate and board governance as well as organizational change has been of tremendous value to the Board.”

Dr. Nadler was the founder and CEO of Delta Consulting Group and continued to serve as CEO of Mercer Delta Consulting through 2005. In early 2007, Dr. Nadler became Vice Chairman, Office of the CEO, of Marsh & McLennan Companies. He is a member of the Company’s Executive Committee and also serves as co-chairman of the board of the Marsh & McLennan Agency, a subsidiary of Marsh, our insurance broking and risk management firm.

Dr. Nadler is well known for his research and writing on organizational change, corporate governance, organization design, and executive teams. He has written numerous articles and authored and/or edited 16 books on these topics. In 2004, he co-chaired the National Association of Corporate Directors (NACD) Blue Ribbon Commission on Board Leadership, and in 2009 was a member of the NACD Blue Ribbon Commission on Risk and Governance. For five years in a row (2009 - 2013) he was listed in the “Directorship 100” as one of the most influential people in the boardroom and in 2013 was inducted into the NACD Directorship 100 Corporate Governance Hall of Fame.

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