Brian Storms Named Vice Chairman of MMC's Mercer Human Resource Consulting Business.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Marsh & McLennan Companies, Inc. (MMC See MultiMediaCard and Microsoft Management Console. ) announced today that Brian Storms has been named vice chairman of Mercer Human Resource Consulting Mercer Human Resource Consulting is a human resource consulting firm that publishes the oft-quoted "Worldwide Cost of Living Survey." External links
Mr. Storms comes to Mercer Human Resource Consulting with extensive experience in financial services, most recently as president and chief executive officer of UBS Global Asset Management UBS Global Asset Management was the multinational investment unit of UBS AG, a very large multinational financial firm formed in 1998 from the merger of Union Bank of Switzerland and the Swiss Bank Corporation. , Americas. He has spent more than 25 years in a variety of management roles in the financial services industry, both in the United States and overseas. In this new position, Mr. Storms will have global responsibility for the development and ongoing operational management of Mercer H.R.'s fund of funds Fund of Funds A mutual fund that invests in other mutual funds. Notes: For example, an investor would select a general risk profile and the fund-of-funds manager would pick underlying investments from a range of products managed by external managers. business and for overseeing the full range of its outsourcing offerings, including the development of appropriate "bundled" product/service offerings. Mr. Storms will report to Daniel McCaw, president and chief executive officer of Mercer Human Resource Consulting. He will also become a member of the Mercer Inc. Board of Directors. "We are extremely pleased that Brian will be joining us," said Jeffrey W. Greenberg Jeffrey W. Greenberg is the former chairman and CEO of Marsh & McLennan Companies. His father is Maurice R. "Hank" Greenberg, former chairman and CEO of AIG, and Director Emeritus and Honorary Vice Chairman of the Council on Foreign Relations (CFR). His brother is Evan G. , chairman and chief executive officer of MMC. "His reputation and experience, including outstanding knowledge of the investment advisory business, leadership skills, and marketing and investment expertise, will benefit us greatly as we expand Mercer Human Resource Consulting's business." "Brian is perfectly suited to undertake this new role," said Mr. McCaw. "His broad management experience will be of great value in all aspects of our business as we continue to grow and globalize our firm." MMC is a global professional services firm with annual revenues exceeding $11 billion. It is the parent company of Marsh Inc., the world's leading risk and insurance services firm; Putnam Investments, one of the largest investment management companies in the United States; and Mercer Inc., a major global provider of consulting services. More than 60,000 employees provide analysis, advice, and transactional capabilities to clients in over 100 countries. Its stock (ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors : MMC) is listed on the New York, Chicago, Pacific, and London stock exchanges. MMC's website address is www.mmc.com. |
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