Marsh & McLennan’s Sinnott Retiring

Marsh & McLennan Companies, Inc. (MMC) announced that John T. Sinnott, vice chairman, office of the CEO, will retire effective Dec. 31, 2006.

Sinnott has held his current position since July 1, 2005, when he re-joined MMC after a period of retirement. He was also a director of Marsh Inc. from June 2005 through December 2005 and chairman and chief executive officer of Marsh Inc. from 1999 to December 2002 and chairman of Marsh until his retirement in July 2003. Sinnott also was a member of the MMC board of directors from 1992 through May 2003. He joined MMC’s predecessor company, Marsh & McLennan, Incorporated, in 1963, and held various executive positions with the company including vice chairman and CEO of J&H Marsh & McLennan, Inc. and president and chief executive office of Marsh & McLennan, Inc.

“Three and a half years after his originally planned retirement and after more than 43 years of service to Marsh & McLennan, Jack Sinnott has decided to ‘re-retire’ at the end of this year,” said Mike Cherkasky, president and chief executive officer of MMC.

Source: MMC