Marsh and McLennan&#39;s Chairman Steps Down
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(1010 WINS) (NEW YORK) Marsh and McLennan&#39;s chairman and chief executive Jeffrey Greenberg will step down this morning, according to a published report.
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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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CONRAD BLACK stepped aside yesterday as chairman, chief executive and a director of Hollinger Inc., the Toronto holding company that has voting control over newspaper operator Hollinger International.
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NEW YORK - Marsh &amp; McLennan Cos. Inc. said yesterday that it was suspending its practice of using &quot;market services agreements&quot; with insurance carriers.
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Marsh & McLennan Cos. , the insurance broker at the center of a bid-rigging scandal, on Tuesday said it will lay off 3,000 employees, or 5 percent of its work force.
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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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The Marsh &amp; McLennan Company, the troubled insurance and investment company, said today that it would lay off 3,000 employees, or roughly 5 percent of its work force, as it moved to right
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Marsh &amp; McLennan Companies Inc. (MMC) on Friday announced a change in the management of Marsh Inc., its risk and insurance services subsidiary.
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Two of the highest ranking executives of Marsh & McLennan's insurance brokerage business and the company's general counsel were forced out.
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Insurance firm says its board now consists of its new CEO Michael Cherkasky and 10 outside members. NEW YORK  - Marsh &amp; McLennan Cos.
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NEW YORK -- Marsh &amp; McLennan, the nation&#39;s largest insurance brokerage, said Tuesday it will lay off 3,000 employees, or about 5 percent of its work force, because of fallout from a bid-rigging scandal that has engulfed the insurance industry.
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NEW YORK - Marsh and McLennan chief executive Jeffrey Greenberg has resigned, 11 days after New York Attorney-General Eliot Spitzer accused the company of rigging insurance prices and taking kickbacks.
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Marsh & McLennan Cos. , the insurance broker accused by New York's Attorney General Eliot Spitzer of bid-rigging fraud, on Thursday said five senior executives stepped down from its board of directors.
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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
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Jeffrey Greenberg, chairman and chief  executive of embattled insurance broker Marsh & McLennan Cos.  MMC.N, is expected to step down within hours, a newspaper  reported on Friday, citing people close to the discussions.
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A day after the resignation of its chairman and chief executive officer, Marsh &amp; McLennan Cos. announced on Tuesday it would stop accepting fees that had prompted a lawsuit by New York state Attorney General Eliot Spitzer.
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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.