Three Executives at Marsh Removed in Reorganization
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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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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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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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New Century Financial fired its chief executive and an executive vice president and named its chief restructuring officer to the post of chief executive.
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Sprint Nextel Corp  Chief Financial Officer Paul Saleh and two other senior executives are leaving the company in a new management shake-up, as the No. 3 U.S. mobile service grapples with subscriber losses.
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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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Paul M. Tellier, president and chief executive of Bombardier, the troubled Canadian aircraft maker, was unexpectedly ousted from his post Monday and quickly replaced by a three
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In its latest move to restructure and shore up its stock, Sprint Nextel yesterday announced the immediate departures of three top executives, including Chief Financial Officer Paul Saleh.
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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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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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Marsh &amp; McLennan Cos. , the insurance broker at the center of a bid-rigging probe, on Tuesday said it will lay off 3,000 employees, or 5 percent of its work force, and reported third-quarter profit tumbled 94 percent.
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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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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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ACE Ltd., a Bermuda-based insurance company, announced on Thursday that it had terminated two executives and suspended three more unnamed employees in the wake of New York Attorney General Eliot Spitzerâs probe into the bid-rigging practices in the
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Marsh & McLennan Cos. MMC.N, 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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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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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