Towers Perrin Acquires MGMC, Inc.Connecticut Firm Provides Compensation Surveys and Advisory Services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal STAMFORD, Conn. -- Towers Perrin Towers Perrin is a global professional services firm. It was established 1 March 1934 as Towers, Perrin, Forster & Crosby. The umbrella name of Towers Perrin was adopted in 1987. , a global professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm, today announced that it has acquired MGMC MGMC Mary Greeley Medical Center (Iowa) , Inc., a Connecticut-based firm that provides compensation surveys and advisory services to the financial services industry. Established in 2002, MGMC principally serves investment and commercial banks and securities firms with executive compensation advice and related benchmarking data. It has offices in London and Darien, Connecticut. "MGMC has a well-earned reputation for the quality of its advisory services and research. We are delighted to have MGMC's team join Towers Perrin, and we look forward to providing these high-quality services to our clients in the financial services industry," said Bob Hogan, managing director of Towers Perrin's HR Services business. Michael Curran, MGMC's president and managing director, said, "Towers Perrin's leading position in the area of executive compensation offers an exciting platform for the kinds of innovative services that MGMC has developed over the years. We are very pleased to be part of Towers Perrin." MGMC will become part of Towers Perrin's Executive Compensation and Rewards practice, headed by Gary Locke, its managing director. About Towers Perrin Towers Perrin is a global professional services firm that helps organizations improve their performance through effective people, risk and financial management. The firm provides innovative solutions to client issues in three areas: Human Resource Services, which provides human resource consulting Services Provided Human Resource Consulting firms provides advice to their clients regarding the financial and retirement security, health, productivity, and employment relationships of their global workforce. ; Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. , which provides reinsurance intermediary services; and Tillinghast, which provides management and actuarial consulting to the financial services industry. Together, these businesses have offices and business partner locations in the United States, Canada, Europe, Asia, Latin America, South Africa, Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . More information about Towers Perrin is available at www.towersperrin.com. |
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