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14 March 2022Insurance

Marsh McLennan taps insider to take c-suite legal & compliance post

Global brokerage  Marsh McLennan will lift a longstanding veteran of its own legal and compliance operations to a board room post following the confirmation by the US Senate that senior vice president Peter Beshar will take a key government post.

Marsh named Katherine Brennan to the c-suite post of senior vice president and general counsel to lead Marsh's global legal, compliance and public affairs functions. She will also continue to lead the company’s ESG efforts. She reports directly to president and CEO Dan Glaser.

Brennan has held several legal and compliance leadership roles at Marsh McLennan, serving most recently as general counsel, Marsh.  She also served as deputy corporate secretary and chief compliance officer for Marsh McLennan from 2017 to 2021, and prior to that, as general counsel of Guy Carpenter.

“Kate is a remarkable leader and lawyer, who has grown throughout her career here.  Her experience leading a range of complex legal, compliance and regulatory matters on behalf of the Company makes her the ideal candidate for this role,” said Glaser. “We’re fortunate to have a colleague with her knowledge, integrity and commitment poised to take on this critical position.”

Beshar, who has served in the post since 2004, was confirmed by the US Senate to serve as the general counsel of the US Department of the Air Force. He was nominated by President Biden last autumn.

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31 March 2022   Before Marsh, the executive served as federal prosecutor with the US Department of Justice.
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21 March 2022   Embedding ESG is a source of competitive advantage to the organisations that do it well, it says.
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15 March 2022   The broker has also made other appointments within the same unit.