Marsh Names 3 Senior Execs

January 11, 2006

Marsh Inc. has named three executives to its senior management team. The executives are: James R. Pierce, Jr., chairman, Global Marine & Energy Practice; Ken Fong, chief human resources officer; and Joseph A. Varnas, global head of operations and information technology.

Pierce joins Marsh from JLT, where he was executive vice president in charge of several business specialty lines. Previously, he was managing director of Aon Natural Resources and was head of the Marine & Energy Division of Energy Insurance International.

Fong joins Marsh from JP Morgan Chase & Company, where he was senior vice president and human resources executive for Corporate Sector Groups. His 28-year career began in 1978 at General Foods Corporation and includes senior positions in human resources with Chase Manhattan Bank, N.A. in the U.S. and overseas.

Varnas previously was head of product management and global head of IT & Operations for UBS Global Asset Management. During his career, he has held senior positions in asset management, investment research and analysis, and operations with several leading investment management firms. Before joining UBS, he was with Morningstar Investor Services.

Source: Marsh www.marsh.com.

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