Marsh & McLennan: CEO Greenberg Resigns
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Marsh & McLennan Cos. Chairman and  Chief Executive Jeffrey Greenberg resigned, the company said on  Monday, 11 days after New York's attorney general accused the  world's biggest insurance broker of rigging insurance prices.
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Five members of Marsh &amp; McLennan Cos.âs board of directors who are also officers of the company have resigned from the board.
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In a move that was anticipated for several days, Jeffrey W. Greenberg, chief executive and chairman and Marsh &amp; McLennan (MMC ), resigned on Oct. 25.
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NEW YORK - The general counsel for broker Marsh &amp; McLennan Cos. will step down next week as the embattled firm seeks to clean house and reform its business practices, the Wall Street Journal reported on Friday.
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Description: Marsh &amp; McLennan CEO Jeffrey Greenberg steps down, according to a Wall Street Journal online report. Greenberg&#39;s exit comes a little more than a week after his firm was named in a bid-rigging inquiry.
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Under pressure from regulators, the directors of Marsh & McLennan Companies, the big insurance broker, are moving to force the resignation of Jeffrey W. Greenberg.
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FORMER Telegraph owner Conrad Black has resigned as Hollinger Inc. chairman and chief executive as he prepares a buy-out of the Canadian holding company.
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Independent directors at Marsh & McLennan have begun talking to the New York attorney general about forcing the resignation of Jeffrey W. Greenberg, the chief 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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CEO is set to be replaced by firm's president, Alan Schwartz, according to news reports.
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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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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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MONTREAL  - Media tycoon Conrad Black resigned as chairman and chief executive of Hollinger Inc. the Canadian holding company for the media empire he built.
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Broker Marsh &amp; McLennan Cos.&#39; (MMC.N: Quote, Profile, Research) internal investigation into accusations of insurance bid-rigging has triggered the dismissal of four executives in recent days, a company representative said on
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NEW YORK - Today, New York Attorney General Eliot Spitzer will announce that he is filing both criminal and civil lawsuits against Marsh &amp; McLennan, the largest US insurance brokerage firm.
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SAN FRANCISCO (CBS.MW) -- Marsh &amp; McLennan said late Thursday that five directors, who are also executives at the insurance broker, have stepped down from the board.
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Jeff Greenberg steps down; Marsh pledges to reform. Apparently that's enough penance for a decade of misdeeds.