Marsh, a global firm specializing in risk, insurance and advisory services, announced that Mark McGivney will serve as the firm’s executive vice president and chief operating officer.
His new responsibilities will be in addition to his current role as chief financial officer of Marsh, a position he has held for more than a decade.
Since joining Marsh in 2007, McGivney has held a number of senior positions within the company. He served as senior vice president of finance, chief operating officer and chief financial officer of Mercer Corporation and chief financial officer of Marsh Risk Corporation before becoming senior vice president and chief financial officer of Marsh in January 2016.
Commenting on the appointment, Marsh CEO John Doyle said: “Mark has been instrumental in Marsh’s success and performance for nearly 20 years.
“As CFO, he supported the design and execution of our strategy, and in his expanded role, he will help drive the company’s priorities with greater speed and scale in a complex macro environment. I look forward to his continued contributions.”
In his expanded capacity, McGivney will support Doyle and the Marsh Executive Committee in developing and accelerating the company’s strategy, particularly in initiatives across the business.
He will also be responsible for leading the company’s inorganic strategy and ensuring execution of top priorities. The company noted that Marsh’s executive committee will continue to report to Doyle.