MMC Names James J. McNasby Marsh Inc. General C...
Marsh & McLennan
Lucy Fato Named Sole Deputy General Counsel
Marsh & McLennan Companies, Inc. (MMC) announced today that James J. McNasby, a
senior attorney for Kraft North America, has been named general counsel of Marsh
Inc., MMC's insurance brokerage and risk advisory subsidiary.
Mr. McNasby, 38, joins the company today, reporting to Peter J. Beshar,
executive vice president and general counsel of MMC. Mr. McNasby succeeds
Richard J. Sullivan, who was appointed a judge on the U.S. District Court of the
Southern District of New York earlier this year.
Mr. Beshar commented, 'Jim's broad experience in litigation, M&A, government
affairs, communications and compliance, both in the United States and abroad,
should serve him well as General Counsel of the Marsh global legal department
and a member of the Marsh senior management team.'
Mr. McNasby was most recently senior vice president of North America Legal for
Kraft Foods, the chief lawyer for Kraft's $22.5 billion North American business.
He previously held positions with Kraft in London, including vice president of
Corporate and Government Affairs and vice president and chief counsel of Kraft
Foods Western Europe. Prior to Kraft's spin-off from Altria, Mr. McNasby held a
number of positions in Altria's legal department in New York, Richmond, Virginia
and Lausanne, Switzerland.
Mr. McNasby received his J.D. in 1994 from Harvard Law School and his B.A. in
1991 from the University of Virginia. After serving as a law clerk to the
Honorable Ronald R. Lagueux, Chief Judge of the U.S. District Court in the
District of Rhode Island, he spent 3 years as a litigation associate at Davis
Polk & Wardwell.
Additionally, MMC today announced the appointment of Lucy Fato, 41, as the sole
deputy general counsel for MMC Legal. Ms. Fato and Mr. Sullivan had served as
co-deputy general counsels of MMC prior to Mr. Sullivan's federal appointment.
Ms. Fato also serves as corporate secretary for the MMC Board of Directors.
Prior to joining MMC, Ms. Fato was a partner at Davis Polk & Wardwell. She
joined Davis Polk in 1991 and became a partner in the Corporate Department in
2000.
MMC (Marsh & McLennan Companies) is a global professional services firm
providing advice and solutions in the areas of risk, strategy and human capital.
It is the parent company of a number of the world's leading risk experts and
specialty consultants, including Marsh, the insurance broker and risk advisor;
Guy Carpenter, the risk and reinsurance specialist; Kroll, the risk consulting
firm; Mercer, the provider of HR and related financial advice and services; and
Oliver Wyman, the management consultancy. With more than 54,000 employees
worldwide and annual revenue of approximately $11 billion, MMC provides
analysis, advice, and transactional capabilities to clients in more than 100
countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago,
and London stock exchanges. MMC's website address is www.mmc.com.
Media:
Edelman
Richard Myers, 212-819-4807
richard.myers@edelman.com
Investors:
MMC
Mike Bischoff, 212-345-5470
jmichael.bischoff@mmc.com
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