Quarterly Dividend Increased 5 Percent
Marsh & McLennan Companies Holds 2011 Shareholder Meeting
Marsh & McLennan
Marsh & McLennan Companies, Inc. (NYSE: MMC) today held its annual meeting of shareholders, at which the Company announced that its Board of Directors has increased the Company’s quarterly dividend by 5 percent to $.22 per share, payable on August 15, 2011 to shareholders of record on July 11, 2011.
Marsh & McLennan Companies also announced that shareholders re-elected the entire slate of 2011 director nominees for a one-year term expiring at next year's annual meeting. They are: Zachary W. Carter, Brian Duperreault, Oscar Fanjul, H. Edward Hanway, Lord Lang, Steven A. Mills, Bruce P. Nolop, Marc D. Oken, Morton O. Schapiro, Adele Simmons and Lloyd M. Yates.
In further business at the annual meeting, shareholders ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2011; approved the Marsh & McLennan Companies, Inc. 2011 Incentive and Stock Award Plan; approved, by nonbinding vote, the compensation of our named executive officers; and recommended, by nonbinding vote, that a stockholder vote to approve the compensation of our named executive officers should occur every year. Shareholders did not approve the shareholder proposal regarding shareholder action by written consent presented at the meeting.
An audio webcast of the Marsh & McLennan Companies 2011 annual meeting can be accessed at www.mmc.com.
Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world’s leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 100 countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. Marsh & McLennan Companies’ website address is www.mmc.com.
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Marsh & McLennan CompaniesMarsh & McLennan Companies
Laura Cora,
212-345-2731Laura Cora,
212-345-2731
laura.cora@mmc.com
oror
Investors:
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& McLennan CompaniesMarsh
& McLennan Companies
Scott Douglas, 212-345-5488Scott Douglas, 212-345-5488
scott.d.douglas@mmc.com