Reinsurance News

Marsh McLennan adds two new members to Board

29th March 2023 - Author: Jack Willard

The Board of Directors of Marsh McLennan, a leading professional services firm, has appointed both Judith Hartmann and Ray G. Young as directors, effective immediately.

marsh-mclennan-logoFollowing these appointments, the company’s Board now consists of 15 directors.

In her most previous role, Hartmann served as Deputy CEO and Chief Financial Officer of ENGIE, an international energy services company. She served in this role 2015 to 2022.

Prior to joining ENGIE, she served as CFO and member of the Executive Board of international media and services corporation Bertelsmann from 2012 to 2015, and also held a number of financial and operational roles at General Electric in the US, Latin America and Europe from 2000 to 2012.

Hartmann currently serves on the Board of Directors of Unilever and also previously served on the boards of Suez, RTL Group, Penguin Random House and Gruner + Jahr.

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Additionally, Young previously served as Vice Chairman of Archer-Daniels-Midland Company (ADM), a premier global agricultural processing and nutrition company, until his retirement at the end of 2022. Prior to taking on the role of Vice Chairman, Young served as ADM’s CFO from 2010 to April 2022.

Before he joined ADM, Young lived and worked on four continents, serving in a variety of senior executive roles at General Motors Company from 1986 to 2010, including as President of the Mercosur region of South America, CFO and VP of International Operations, based in China.

Currently, he serves on the boards of the International Paper Company, Hormel Foods Corporation and the American Cancer Society Illinois Division.

Edward Hanway, Chairman of the Company’s Board of Directors, said: “We are committed to best practices in corporate governance, including effective succession planning and Board refreshment. Judith and Ray bring deep and diverse financial, international operations and governance experience to our Board. We look forward to working alongside them.”

John Doyle, President and CEO, Marsh McLennan, added: “I am delighted to welcome Judith and Ray to the Board. Both bring tremendous capabilities and leadership experience, and we will benefit from their input and insights.”

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