Quarterly Dividend Increased from $.34 to $.375 per Share
NEW YORK--(BUSINESS WIRE)--May 18, 2017--
Marsh & McLennan Companies, Inc. (NYSE: MMC) today held its annual
meeting of stockholders at which the Company announced that its Board of
Directors increased the Company's quarterly cash dividend.
The Board of Directors increased the quarterly cash dividend from $.34
to $.375 per share on outstanding common stock. The dividend is payable
on August 15, 2017 to stockholders of record on July 11, 2017.
Marsh & McLennan Companies also announced that stockholders elected the
entire slate of 2017 director nominees for a one-year term expiring at
next year's annual meeting. They are: Anthony K. Anderson, Oscar Fanjul,
Daniel S. Glaser, H. Edward Hanway, Deborah C. Hopkins, Elaine La Roche,
Steven A. Mills, Bruce P. Nolop, Marc D. Oken, Morton O. Schapiro, Lloyd
M. Yates and R. David Yost.
In further business at the annual meeting, stockholders ratified the
selection of Deloitte & Touche LLP as the Company's independent
registered public accounting firm for 2017; approved, by nonbinding
vote, the compensation of the Company's 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.
Stockholders did not approve the stockholder proposal regarding the Holy
An audio webcast of the Marsh & McLennan Companies 2017 annual meeting
can be accessed at http://edge.media-server.com/m/p/de433rsv.
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global professional services
firm offering clients advice and solutions in the areas of risk,
strategy and people. Marsh
is a leader in insurance broking and risk management; Guy
Carpenter is a leader in providing risk and reinsurance intermediary
is a leader in health, wealth and career consulting; and Oliver
Wyman is a leader in management consulting. With annual revenue of
more than $13 billion and more than 60,000 colleagues worldwide, Marsh &
McLennan Companies provides analysis, advice and transactional
capabilities to clients in more than 130 countries. The Company is
committed to being a responsible corporate citizen and making a positive
impact in the communities in which it operates. Visit www.mmc.com
for more information and follow us on LinkedIn
and Twitter @MMC_Global.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170518005978/en/
Source: Marsh & McLennan Companies, Inc.
Marsh & McLennan Companies
& McLennan Companies
Dan Farrell, 212-345-3713