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MMC's CFO named chief executive of Mercer


NEW YORK--Marsh & McLennan Cos. Inc. has named M. Michele Burns, MMC's current chief financial officer, as chairwoman and chief executive officer of Mercer Human Resource Consulting, the world's largest benefit consultant.

Ms. Burns, 48, joined MMC earlier this year. She previously held several positions with Mirant Corp., an Atlanta-based power company, where she developed a reorganization plan following the company's 2003 bankruptcy filing. She also was CFO of Delta Air Lines Inc.

She succeeds Michael Caulfield, who is retiring. He will remain at Mercer until the end of the year to ensure an orderly transition.

Succeeding Ms. Burns as MMC's CFO is Matthew Bartley, 49, who has been MMC's treasurer since 2001.

The changes are effective immediately.