Marsh to Replace CEO Greenberg - FT
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Jeffrey Greenberg, chairman and chief executive of embattled insurance broker Marsh & McLennan Cos. , is expected to step down within hours, a newspaper reported on Friday, citing people close to the discussions.
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Two top-ranking executives of the insurance brokerage unit at Marsh &amp; McLennan Company and the company&#39;s general counsel were forced out yesterday as Marsh took another step in reorganizing
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NEW YORK Marsh &amp; McLennan has a good chance of surviving despite the departure Monday of Jeffrey Greenberg, its chief executive, as long as its outside directors understand that removing Greenberg is not the last but the first change they will have to make
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Insurance broker Willis Group Holdings  Ltd. WSH.N on Monday said it hired a top executive from  embattled rival Marsh & McLennan Cos. Inc. MMC.N.
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CHICAGO (CBS.MW) -- Jeffrey Greenberg may step down as early as Monday as chief executive of Marsh &amp; McLennan, the insurance broker accused of rigging bids by New York Attorney General Eliot Spitzer, according a media report Sunday.
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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.
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Marsh &amp; McLennan dumped its CEO yesterday to appease New York&#39;s crusading attorney general Eliot Spitzer who&#39;s still ramping up in his newest war - against the insurance industry.
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NEW YORK: Marsh &amp; McLennan, the worldâs largest insurance broker, said on Tuesday it will reform its business practices and stop accepting fees at the centre of an investigation by New York attorney general Eliot Spitzer into bid rigging.
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When Jeffrey W Greenberg took the helm of notoriously secretive Marsh &amp; McLennan Cos., a $12 billion financial-services company, on Nov. 18, 1999, analysts were happily buzzing that Greenberg was a gregarious, outgoing executive.
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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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Shares of Marsh & McLennan Cos. were  whipsawed on Friday amid conflicting reports that a change in  the insurance broker's top management was imminent.
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Eliot Spitzer announced Monday that the State of New York would not pursue criminal charges against disgraced insurance broker Marsh &amp; McLennan after it promised reforms and accepted the resignation of CEO Jeff Greenberg, replacing him with a former
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Marsh &amp; McLennan chief executive Jeffrey Greenberg could announce his resignation as soon as today as a result of New York attorney general Eliot Spitzer&#39;s investigation into alleged corruption in the insurance industry.
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SAN FRANCISCO (CBS.MW) -- Speculation was rife Friday that Jeffrey Greenberg may be ousted as chief executive of Marsh &amp; McLennan, a week after the insurance broker was sued by New York Attorney General Eliot Spitzer.
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Marsh & McLennan Cos.  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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Bear Stearns CEO reportedly to be replaced by the firm's president, Alan Schwartz.
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For Putnam Investments, the end of the Jeffrey W. Greenberg reign at Marsh &amp; McLennan Cos. is bittersweet. His resignation on Monday was greeted with some relief