Marsh & McLennan CEO May Be Ousted - WSJ
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The outside directors of Marsh &  McLennan MMC.N have talked to New York's attorney general  about having its chief executive step aside amid a probe into  its business practices, the Wall Street Journal said on Friday.
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Marsh &amp; McLennan CEO Jeff Greenberg may soon be on his way out the door as head of the world&#39;s biggest - and most troubled - insurance broker.
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Marsh & McLennan Cos. MMC.N Chairman  and Chief Executive Jeffrey Greenberg resigned on Monday, 11  days after New York Attorney General Eliot Spitzer accused the  world's biggest insurance broker of rigging bids.
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NEW YORK, October 26  - Marsh &amp; McLennan Companies&#39; (MMC.NYS) Chairman and CEO, Jeffrey Greenberg, has resigned from his position, in the wake of the recently filed lawsuit against the company by the New York Attorney General, Eliot
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SAN FRANCISCO (CBS.MW) -- Marsh &amp; McLennan CEO Jeffrey Greenberg resigned Monday and was replaced with Michael Cherkasky as the insurance broker tries to work towards a settlement with New York officials.
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Jeffrey Greenberg, the chief executive of Marsh &amp; McLennan, the insurance broker accused of rigging the market to make inappropriate fees from customers, was yesterday expected
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Prudential Equity Group said yesterday&#39;s dismissal of Roger Egan was a surprise because Marsh &amp; McLennan (nyse: MMC - news - people ) had previously indicated in October that Egan would remain in his position.
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Marsh & McLennan Cos. MMC.N said on  Monday Chairman and Chief Executive Jeffrey Greenberg resigned,  11 days after New York's attorney general accused the world's  biggest insurance broker of rigging insurance prices.
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CEO is set to be replaced by firm's president, Alan Schwartz, according to news reports.
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Marsh & McLennan Companies, the insurance broker, said it would replace its embattled chief executive, Michael G. Cherkasky.
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The scandal at Marsh & McLennan Cos.  MMC.N may have floored Wall Street, but some executives who  had defected to a rival insurance broker said the legal storm  was long overdue.
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Giant insurance broker Marsh and McLennan is now expected to escape criminal charges over illegal payments. It has been the subject of legal action over the payments by New Yrok attorney general Eliot Spitzer.
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A key executive of the insurance brokerage unit of Marsh & McLennan Cos.  has resigned, and sources said a major reorganization will take place on Thursday at the hands of the unit's new chief, Dan Glaser.
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Jeffrey W. Greenberg, chairman and chief executive of Marsh &amp; McLennan Companies Inc., which is the target of a bid-rigging investigation by New York&#39;s attorney general, submitted his resignation on Monday, the company said.
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Marsh &amp; McLennan Cos. shares were whipsawed on Friday amid conflicting reports that a change in the insurance broker&#39;s top management was imminent.
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Two top executives of scandal-tarred insurance firm Marsh Inc. were ousted yesterday, the company said, the latest casualties of an industry probe by New York's attorney general.
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Marsh & McLennan Cos Inc  said on Friday it will replace its embattled chief executive, Michael Cherkasky, following a year of disappointing results and indicated it would evaluate its insurance brokerage and other businesses.