Insurance Brokerage to Replace Its Chief
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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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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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Cantor Fitzgerald said its chairman and chief executive, Howard W. Lutnick, would take over the firmâs fixed-income trading and sales business, succeeding Irvin Goldman.
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Paul Otellini, currently president and COO, will replace outgoing chief Craig Barrett in May.
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The chief of Marsh & McLennan, the world's biggest insurance broker, resigned less than two weeks after his company was accused of cheating customers.
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Two Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) executives linked to an insurance market bid-rigging investigation stepped down from their positions
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The Wall Street Journal reports Merck &amp; Co. of Whitehouse Station, NJ, has begun hunting for a new chief executive officer. The move comes amid a string of bad news at the drug maker, including its recent
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Marsh &amp; McLennan is set to announce thousands of job cuts at its troubled insurance brokerage arm. The move follows the decision to scrap incentive commissions
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Insurance salesmen are used to having a reputation for probity and trustworthiness roughly on a par with second-hand car dealers. That&#39;s beginning to look like the good old days, since America&#39;s leading brokers
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The chief executive of the UK&#39;s largest insurance broker quit yesterday after announcing a surprise profit warning which sent its shares to a four-year low.
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Insurance giant Aon Corp. said Thursday that it is looking for a new chief executive to succeed Patrick Ryan, who is retiring after four decades at the helm.
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Merrill Lynchâs board of has begun to contact top Wall Street executives about replacing the embattled E. Stanley OâNeal.
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Marshall Field&#39;s department stores will soon have both a new president and a chairman to replace the former leader who reaped a big profit from selling her stock.
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Marsh &amp; McLennan Cos. Chief Executive Michael Cherkasky created a compliance unit and pledged to return money to clients as the world&#39;s largest insurance broker moves to settle claims of kickbacks and rigged bids.
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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 &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , the world&#39;s largest insurance broker, on Tuesday said it will reform its business practices and stop
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The head of Marsh &amp; McLennan Companies Inc., the nation&#39;s largest insurance broker, resigned Monday, clearing the way for the settlement of bid-rigging charges brought by New York&#39;s attorney general.