Marcell Exits Guy Carpenter; Newhouse Named Interim CEO of U.S. Operations

Reinsurance specialist Guy Carpenter & Co. has appointed of Britt Newhouse, chairman, to the additional role of interim CEO of U.S. Operations. This appointment is effective immediately.

At the same time, the firm announced the departure of Andrew Marcell, former CEO of U.S. Operations.

From 2001 until his appointment as chairman in 2008, Newhouse served as the president and CEO of the firm’s Americas operations, where he was responsible for all broking business in the United States, Canada, Latin America and the Caribbean. Newhouse also held the position of Eastern Region manager and served as the New York branch manager. Newhouse is a member of the Guy Carpenter board of managers.

“Our regional leadership team has delivered terrific results for our clients and we are confident that under Britt’s leadership they will continue to do so,” said Alexander Moczarski, president and CEO of Guy Carpenter.

No reason was given for Marcell’s departure. Marcell was named CEO of U.S. operations three years ago, one of several appointments made after Chris McLeown, who was CEO of North America, left to join Juniperus Capital. Marcell relocated to the firm’s New York City headquarters from London, where he had been serving as Guy Carpenter’s CEO of global practices and head of placement strategy since 2010.

Earleir this month, Marsh & McLennan, parent of Guy Carpenter, also announced that Peter Hearn, most recently the chairman of Willis Re, was joining join Guy Carpenter as its CEO in May 2016.

Moczarski will continue to serve as president and CEO of Guy Carpenter through May 2016. Upon Hearn’s arrival at Guy Carpenter, Moczarski will serve full time in his role as chairman of Marsh & McLennan International, and will continue reporting directly to Daniel S. Glaser, president and CEO of Marsh & McLennan.

Topics USA