MRSH · Marsh & Mclennan Companies, Inc. · Executive Compensation

$192.30 +1.63 (+0.85%) At close · Oct 28 Q3 2026 earnings call transcript

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$90.67B

475.51M

Volume · Oct 28 2.4M Avg daily vol (3M) 2.48M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Q. Doyle	President and CEO, Marsh	$1,500,000	—	$9,209,469	$8,375,020	$5,550,000	$416,562	$25,051,051
Mark McGivney	Chief Financial Officer, Marsh	$1,000,000	—	$1,979,499	$1,800,052	$3,100,000	$190,519	$8,123,648
Martin South	President and Chief Executive Officer, Marsh Risk and Vice Chair, Marsh	$1,000,000	—	$1,759,442	$1,600,008	$3,500,000	$141,544	$8,000,994
Dean Klisura	President and Chief Executive Officer, Guy Carpenter and Vice Chair, Marsh	$875,000	—	$1,099,778	$1,000,048	$3,300,000	$143,211	$6,520,596
Patrick Tomlinson	President and Chief Executive Officer, Mercer and Vice Chair, Marsh	$900,000	—	$1,264,631	$1,150,052	$2,700,000	$154,008	$6,175,422

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Q. Doyle	President and CEO,	$1,475,000	—	$7,546,615	$6,875,020	$6,500,000	$410,904	$22,807,539
Martin South	President and Chief Executive Officer, Marsh and Vice Chair, Marsh McLennan	$1,000,000	—	$1,536,829	$1,400,022	$4,250,000	$90,833	$8,277,685
Mark McGivney	Chief Financial Officer,	$950,000	—	$1,893,530	$1,725,042	$3,300,000	$80,975	$7,959,614
Patrick Tomlinson	President and Chief Executive Officer, Mercer and Vice Chair, Marsh McLennan	$875,000	—	$2,207,679	$1,100,049	$3,100,000	$72,644	$7,356,059
Dean Klisura	President and Chief Executive Officer, Guy Carpenter and Vice Chair, Marsh McLennan	$800,000	—	$988,025	$900,017	$3,800,000	$70,475	$6,591,139

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Q. Doyle	President and CEO,	$1,400,000	—	$5,775,090	$5,550,012	$6,000,000	$329,854	$19,054,956
Martin South	President and Chief Executive Officer, Marsh and Vice Chair, Marsh McLennan	$1,000,000	—	$1,404,830	$1,350,035	$3,925,000	$108,942	$7,788,807
Mark McGivney	Chief Financial Officer,	$800,000	—	$1,743,014	$1,675,019	$3,000,000	$70,125	$7,323,715
Dean Klisura	President and Chief Executive Officer, Guy Carpenter and Vice Chair, Marsh McLennan	$800,000	—	$910,535	$875,009	$3,450,000	$68,600	$6,176,161

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
DANIEL S. GLASER	President and CEO, Marsh McLennan	$1,500,000	—	$14,363,468	$7,250,022	$7,500,000	$310,946	$30,924,435
Marsh McLennan	—	$1,200,000	—	$2,995,331	$2,000,008	$5,300,000	$103,700	$11,599,039
John Q. Doyle	President and CEO, Marsh McLennan	$1,200,000	—	$2,995,331	$2,000,008	$5,300,000	$103,700	$11,599,039
Martin South	President and Chief Executive Officer, Marsh and Vice Chair, Marsh McLennan	$1,000,000	—	$1,247,109	$1,250,029	$3,500,000	$123,287	$7,120,425
MARTINE C. FERLAND	Chief Executive Officer, Mercer and Vice Chair, Marsh McLennan	$962,500	—	$1,247,109	$1,250,029	$3,300,000	$104,125	$6,863,763
Mark McGivney	Chief Financial Officer, Marsh McLennan	$800,000	—	$1,621,136	$1,625,003	$2,650,000	$74,277	$6,770,416

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
DANIEL S. GLASER	President and CEO, Marsh McLennan	$1,500,000	—	$6,528,663	$6,250,006	$7,000,000	$241,034	$21,519,703
John Q. Doyle	President and CEO, Marsh McLennan	$1,000,000	—	$1,775,868	$1,700,002	$4,800,000	$84,649	$9,360,519
MARTINE C. FERLAND	Chief Executive Officer, Mercer and Vice Chair, Marsh McLennan	$850,000	—	$1,253,604	$1,200,014	$3,000,000	$79,487	$6,385,670
Mark McGivney	Chief Financial Officer, Marsh McLennan	$800,000	—	$1,566,914	$1,500,011	$2,400,000	$69,630	$6,336,555
PETER C. HEARN	President and Chief Executive Officer, Guy Carpenter and Vice Chair, Marsh McLennan	$800,000	—	$940,173	$900,016	$3,200,000	$67,822	$5,908,011

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
DANIEL S. GLASER	President and CEO, Marsh McLennan	$1,500,000	—	$6,177,971	$5,750,013	$5,500,000	$373,255	$19,695,980
John Q. Doyle	Group President and Chief Operating Officer and Vice Chair, Marsh McLennan	$1,000,000	—	$1,719,104	$1,600,013	$3,800,000	$83,195	$8,202,312
Mark McGivney	Chief Financial Officer, Marsh McLennan	$800,000	—	$1,504,296	$1,400,006	$2,000,000	$69,195	$5,943,911
PETER C. HEARN	President and Chief Executive Officer, Guy Carpenter and Vice Chair, Marsh McLennan	$800,000	—	$967,020	$900,020	$3,000,000	$67,827	$5,734,867
MARTINE C. FERLAND	President and Chief Executive Officer, Mercer and Vice Chair, Marsh McLennan	$850,000	—	$1,074,424	$1,000,013	$2,100,000	$78,728	$5,145,730

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
DANIEL S. GLASER	President and CEO, Marsh & McLennan Companies, Inc.	$1,500,000	—	$5,750,140	$5,750,017	$6,500,000	$361,445	$20,331,697
John Q. Doyle	President and Chief Executive Officer, Marsh and Vice Chair, Marsh McLennan	$1,000,000	—	$1,400,086	$1,400,007	$4,000,000	$90,339	$7,890,432
Dominic J. Burke	Vice Chair, Marsh & McLennan and former group chief executive officer of Jardine Lloyd Thompson PLC.	$758,858	—	$2,500,054	$1,500,005	$2,041,484	$135,543	$6,935,944
MARTINE C. FERLAND	President and Chief Executive Officer, Mercer and Vice Chair, Marsh McLennan	$808,333	—	$2,000,135	$1,000,005	$2,000,000	$605,972	$6,461,959
PETER C. HEARN	President and Chief Executive Officer, Guy Carpenter and Vice Chair, Marsh McLennan	$800,000	—	$875,168	$875,016	$3,050,000	$69,053	$5,669,237
Mark McGivney	Chief Financial Officer, Marsh McLennan	$787,500	—	$1,250,110	$1,250,002	$2,100,000	$68,398	$5,648,555

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
DANIEL S. GLASER	President and CEO, Marsh & McLennan Companies, Inc.	$1,475,000	—	$5,500,136	$5,500,004	$4,500,000	$306,779	$17,281,919
John Q. Doyle	President and Chief Executive Officer, Marsh and Vice Chair, Marsh McLennan	$1,000,000	—	$1,350,162	$1,350,003	$3,250,000	$72,915	$7,023,080
Mark McGivney	Chief Financial Officer, Marsh &	$750,000	—	$1,125,108	$1,125,018	$1,750,000	$64,976	$4,815,102
McLennan Companies	Inc.	$750,000	—	$1,125,108	$1,125,018	$1,750,000	$64,976	$4,815,102

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
DANIEL S. GLASER	President and CEO, Marsh & McLennan Companies, Inc.	$1,400,000	—	$5,250,130	$5,250,003	$4,300,000	$257,116	$17,013,216
John Q. Doyle	President and Chief Executive Officer, Marsh and Vice Chair, Marsh & McLennan	$883,333	—	$2,000,211	$1,000,011	$3,000,000	$45,899	$6,929,455
McLennan Companies	Inc.	$750,000	—	$875,120	$875,008	$1,650,000	$65,137	$4,426,106

Executive changes

Person	Role	Change	Effective	Filed
Mark McGivney	Executive Vice President, Chief Operating Officer & Chief Financial Officer	Appointed	2026-04-15	2026-04-14
Martin South	Senior Vice President and Chief Client Officer of the Company	Appointed	2026-04-01	2026-03-10
Nick Studer	President and Chief Executive Officer of Marsh Risk	Appointed	2026-04-01	2026-03-10
Peter Harrison	independent member of the Board	Appointed	2026-02-25	2026-02-25
Bruce Broussard	independent member of the Board	Appointed	2025-07-09	2025-07-09
Jan Siegmund	independent member of the Board	Appointed	2024-07-10	2024-07-10
Patrick Tomlinson	President and Chief Executive Officer of Mercer and Vice Chair of the Company	Appointed	2024-04-01	2023-10-12
Martine Ferland	Mercer's President and Chief Executive Officer	Retired	2024-03-31	2023-10-12
Hafize Gaye Erkan	member of the board of directors	Resigned	2023-06-12	2023-06-12
Ray G. Young	independent member of the Board	Appointed	2023-03-29	2023-03-29
Judith Hartmann	independent member of the Board	Appointed	2023-03-29	2023-03-29
John Q. Doyle	Director	Appointed	2023-01-01	2022-09-26
John Q. Doyle	President and Chief Executive Officer	Appointed	2023-01-01	2022-09-26

Leadership

Dean Klisura CEO
John Q. Doyle CEO, COO, Board Member
Martin South CEO
Patrick Tomlinson CEO
Mark McGivney CFO, COO
John Doyle COO
Anthony K. Anderson Board Member
Bruce Broussard Board Member
Deborah C. Hopkins Board Member
H. Edward Hanway Board Member
Jan Siegmund Board Member
Jane H. Lute Board Member
Judith Hartmann Board Member
Lloyd M. Yates Board Member
Morton O. Schapiro Board Member
Peter Harrison Board Member
Steven A. Mills Board Member
Tamara Ingram Board Member

Key facts CIK 62709 CUSIP 571748102 13F (30d) 517 filings 501 filers Visit website Investor relations