news 6 days ago

Marsh & McLennan Companies Increases Quarterly Cash Dividend and Re-Elects Board of Directors During 2019 Stockholders’ Meeting

The Associated Press

NEW YORK--(BUSINESS WIRE)--May 16, 2019--

Marsh & McLennan Companies, Inc. (NYSE: MMC) today held its annual meeting of stockholders. During the meeting, the Board of Directors increased the quarterly cash dividend from $.415 to $.455 per share on outstanding common stock, payable on August 15, 2019, to stockholders of record on July 11, 2019.

Additionally, stockholders elected the entire slate of 2019 director nominees for a one-year term expiring at next year's annual meeting. They are: Anthony K. Anderson, Oscar Fanjul, Daniel S. Glaser, H. Edward Hanway, Deborah C. Hopkins, Elaine La Roche, Steven A. Mills, Bruce P. Nolop, Marc D. Oken, Morton O. Schapiro, Lloyd M. Yates and R. David Yost.

Stockholders also ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2019 and approved, by nonbinding vote, the compensation of the Company’s named executive officers.

About Marsh & McLennan Companies

Marsh & McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading firms. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190516005802/en/

CONTACT: MEDIA:

Erick Gustafson

Marsh & McLennan Companies

+1 202 263 7788erick.gustafson@mmc.com

INVESTORS:

Sarah Dewitt

Marsh & McLennan Companies

+1 212 345 6750

sarah.dewitt@mmc.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Marsh & McLennan Companies, Inc.

Copyright Business Wire 2019.

PUB: 05/16/2019 11:13 AM/DISC: 05/16/2019 11:13 AM

http://www.businesswire.com/news/home/20190516005802/en