Marsh Names Burns as CFO

December 20, 2005

Marsh & McLennan Companies Inc. has named M. Michele Burns will join the company as executive vice president on March 1, 2006, and assume the position of chief financial officer no later than March 31, 2006.

Burns succeeds Sandra S. Wijnberg, who announced in August that she plans to resign from the company in March 2006. Burns will report to Michael G. Cherkasky, president and chief executive officer of MMC.

Burns, 47, has been executive vice president, chief financial officer, and chief restructuring officer of Mirant, a competitive energy company, since 2004. Prior to joining Mirant, she had spent five years at Delta Air Lines, Inc., last serving as executive vice president and chief financial officer. Before joining Delta, she was a senior tax partner at Arthur Andersen LLP.

Burns serves as a member of the board of directors of Wal-Mart Stores, Inc.; Cisco Systems, Inc.; and the Ivan Allen Company. She is also treasurer and a founding member of the board of directors of the Elton John AIDS Foundation.

Burns graduated summa cum laude from the University of Georgia with a bachelor’s degree in business administration and a master’s degree in accountancy.

Was this article valuable?

Here are more articles you may enjoy.