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Marsh & McLennan promotes its own man as CFO

Marsh & McLennan promotes its own man as CFO

Mark McGivney has been appointed chief financial officer of Marsh & McLennan Cos. Inc., Marsh & McLennan announced Thursday.

Mr. McGivney will assume his new job on Jan. 1, 2016. McGivney succeeds J. Michael Bischoff, who is retiring after having served as chief financial officer since September 2012.

Mr. McGivney will report to Marsh & McLennan Cos. President & CEO Dan Glaser and join the company's executive committee.

Mr. McGivney most recently served as senior vice president of corporate finance for Marsh & McLennan.

“Mark's demonstrated leadership and track record in key financial management roles make him ideally suited for his new responsibilities,” said Mr. Glaser in a statement.

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