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Marsh McLennan names Doyle group president, COO and South Marsh CEO

Marsh McLennan logo with Doyle.jpg
John Doyle

Marsh McLennan has appointed Marsh CEO John Doyle as group president and COO, with Marsh US president Martin South succeeding him as CEO of Marsh.

Doyle will report directly to Marsh McLennan president and CEO Dan Glaser, and the CEOs of Marsh, Guy Carpenter, Mercer and Oliver Wyman will report to Doyle.

Marsh McLennan also confirmed that Guy Carpenter president Dean Klisura has been named president and CEO of Guy Carpenter, replacing Peter Hearn, an appointment trailed by this publication this week.

The promotion of Doyle marks out the executive, who has served as Marsh CEO since 2017, as the likeliest eventual successor to Glaser as group leader of the firm - although it is not thought likely that this telegraphs either a certain succession or the likelihood of a near term change at the very top.

Doyle joined Marsh in 2016 as president following a 30-year stint at AIG, where he rose to lead commercial business worldwide, leaving the carrier as part of a cull of senior management.

In his new role, Doyle will work closely with Glaser, focussing on the overall strategic direction of the company and its operational objectives.

Glaser said that Doyle had been an “indispensable partner” and was a “critical part” of the company’s success.

“With John in this new role, we’ll have additional leadership focus on our strategic and operational priorities across the enterprise, giving us the ability to unlock more potential across our organization,” he added.

South takes over as CEO of Marsh from his current position as president of Marsh US and Canada.

He has also been named vice chairman of Marsh McLennan and will join the group’s executive committee.

The executive has over 30 years’ experience in the industry, including as CEO of Marsh’s Asia Pacific region, Marsh UK and Ireland and Marsh Europe.

Pat Donnelly, head of Marsh Specialty for Marsh US and Canada, has been appointed president of Marsh US and Canada, effective 1 January 2022.

He will succeed South and join Marsh’s executive committee.

In addition, Marsh McLennan vice chair Dominic Burke is retiring in mid-January. The former JLT CEO joined Marsh in 2019 as part of the broker’s acquisition.

Current Guy Carpenter CEO Hearn will continue in his role as vice chair of Marsh McLennan, focussing on sales and colleague development initiatives. He will report to Glaser.

“Today, we are a stronger and more dynamic company, well-positioned for the future,” Glaser said.

“In their new roles, these leaders will help us achieve the next phase of our growth and realize the vast possibility that we have created for our clients, colleagues and the communities in which we live and work.”

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