Spitzer mentor takes over at Marsh
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A FORMER mentor to Eliot Spitzer replaced Jeffrey Greenberg as chief executive of Marsh &amp; McLennan last night, as the embattled insurance group made its first move towards settling a lawsuit with the New York Attorney-General.
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NEW YORK, Oct. 25 -- The new head of Marsh & McLennan Cos., Michael G. Cherkasky, has three key traits working in his favor: clean hands, a reputation for toughness and the right friends.
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The new boss of scandal-hit US insurance broker Marsh & McLennan says he expects to settle charges brought by New York's attorney-general.
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Jeffrey W. Greenberg resigned Monday as chairman and chief executive of Marsh &amp; McLennan Cos. Inc. insurance brokerage, the company said, in a move that appeared aimed at positioning
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.
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Jeffrey Greenberg, the embattled CEO of Marsh &amp; McLennan, resigned yesterday, another scalp taken by New York Attorney General Elliot Spitzer.
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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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New York Attorney General Eliot Spitzer is launching a suit against insurance broker Marsh &amp; McLennan Cos., charging it engaged in market manipulation at the cost of insurance buyers, according to a source familiar with the situation.
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WASHINGTON -- Jeffrey W. Greenberg, who resigned this week as chairman and chief executive of Marsh &amp; McLennan Cos. Inc., amid a regulatory inquiry into its policies, exercised options to obtain 540,000 shares
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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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Outside directors of Marsh &amp; McLennan Cos. have sought to negotiate with New York Attorney General Eliot Spitzer in the insurance bid rigging case, a source familiar with the overture said Friday.
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JEFFREY Greenberg was poised over the weekend to step down as chairman and chief executive of Marsh &amp; McLennan, the firm at the centre of New York Attorney-General Eliot Spitzer&#39;s probe into insurance corruption.
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New York Attorney General Eliot Spitzer on Thursday sued Marsh & McLennan Cos., the world's No. 1 insurance broker, for steering unsuspecting clients to certain insurers in exchange for lucrative payoffs, sending Marsh's stock plummeting.
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Jeff Greenberg leaves post at No. 1 insurance broker not long after Spitzer targeted firm: WSJ. NEW YORK (CNN/Money) - Marsh &amp; McLennan&#39;s embattled Chief Executive Officer Jeffrey Greenberg stepped down as
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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 is evaluating strategies to boost shareholder value.
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NEW YORK -- Michael G. Cherkasky, the longtime prosecutor now running embattled financial services giant Marsh & McLennan Cos., says he has figured out the main difference between investigating corporate wrongdoing and taking charge of a company targeted by a white-collar probe:
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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.