Marsh McLennan announced the results of its 2025 annual meeting of stockholders, with shareholders voting to elect all 11 nominated directors to one-year terms expiring at the 2026 meeting.
Returning to the board are Anthony Anderson, John Doyle, H. Edward Hanway, Judith Hartmann, Deborah Hopkins, Tamara Ingram, Jane Lute, Steven Mills, Morton Schapiro, Jan Siegmund and Lloyd Yates. Longtime director Oscar Fanjul stepped down after more than two decades of service.
“I want to thank Oscar for his many contributions to Marsh McLennan during his tenure on our Board. We are fortunate to have had his trusted counsel and guidance,” said John Doyle, president and CEO.
Shareholders also ratified Deloitte & Touche LLP as the company’s independent auditor for 2025 and approved, on an advisory basis, executive compensation. An updated version of the company’s 2020 Incentive and Stock Award Plan also received shareholder approval.
The company’s annual meeting comes amid a period of steady financial performance and public engagement on broader industry issues.
In its first-quarter earnings report, Marsh McLennan posted revenue of $7.1 billion, up 9% from the same period last year. Underlying revenue rose 4%, while adjusted operating income grew 8% to $2.2 billion. Adjusted earnings per share increased to $3.06, a 5% year-over-year gain.
Earlier in May, Marsh McLennan joined a U.S. Department of the Treasury roundtable on homeowners insurance, participating alongside industry stakeholders and regulators to discuss pricing pressures and market availability. The company also released its 2025 Business Insurance Trends report, highlighting developments expected to shape risk and coverage decisions in the coming years.
The company also recently declared a quarterly dividend of $0.815 per share, payable May 15 to shareholders of record as of April 3.
Marsh McLennan operates through four businesses—Marsh, Guy Carpenter, Mercer, and Oliver Wyman—providing advisory and solutions services across risk, strategy, and people.