REG-Marsh & McLennan Marsh McLennan to Exit Russia Businesses

Marsh & McLennan CompaniesAnnouncement

10/03/2022 16:00

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Marsh McLennan to Exit Russia Businesses

 

Today, Marsh McLennan (NYSE: MMC), the world’s leading professional services
firm in the areas of risk, strategy, and people, announced it will exit all of
its businesses in Russia.

Dan Glaser, President and CEO, said, “We condemn the unprovoked attack by
the Russian government against the people of Ukraine. Having watched with
horror the tragic human toll in Ukraine, we feel compelled to take this
action. We intend to transfer ownership of our Russian businesses to local
management who will operate independently in the Russian market. This is not a
decision that we have taken lightly, and we join all those calling for a swift
and peaceful resolution to this deadly conflict.”

About Marsh McLennan

Marsh McLennan
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.marshmclennan.com&esheet=52593291&newsitemid=20220310005737&lan=en-US&anchor=Marsh+McLennan&index=1&md5=6f42e17dea275cfff3036c17ad88c959)
(NYSE: MMC) is the world’s leading professional services firm in the areas
of risk, strategy and people. The Company’s 83,000 colleagues advise clients
in 130 countries. With annual revenue of nearly $20 billion, Marsh McLennan
helps clients navigate an increasingly dynamic and complex environment through
four market-leading businesses. Marsh
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provides data driven risk advisory services and insurance solutions to
commercial and consumer clients. Guy Carpenter
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.guycarp.com%2F&esheet=52593291&newsitemid=20220310005737&lan=en-US&anchor=Guy+Carpenter&index=3&md5=90a881b979480295f6fede2b4dbfb337)
develops advanced risk, reinsurance and capital strategies that help clients
grow profitably and pursue emerging opportunities. Mercer
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delivers advice and technology-driven solutions that help organizations
redefine the world of work, reshape retirement and investment outcomes, and
unlock health and wellbeing for a changing workforce. Oliver Wyman
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.oliverwyman.com%2F&esheet=52593291&newsitemid=20220310005737&lan=en-US&anchor=Oliver+Wyman&index=5&md5=8e4504060ddefdf516bc01553b8fd858)
serves as a critical strategic, economic and brand advisor to private sector
and governmental clients. For more information, visit marshmclennan.com
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Erick Gustafson 

Marsh McLennan 

+1 202 263 7788 

erick,gustafson@mmc.com (mailto:amelia.woltering@mmc.com)



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