People – Southeast
Marsh & McLennan Companies Inc. announced that Brian Duperreault will retire as the company’s president and chief executive officer at the year’s end.
Daniel S. Glaser, currently the company’s group president and chief operating officer, has been named Duperreault’s successor and will become president and chief executive officer effective January 1, 2013.
Upon his retirement as president and chief executive officer, Duperreault will also retire from the company’s board of directors. Glaser will join the board as a director.
Over his nearly 40-year career, Duperreault has held leadership roles at various firms. Prior to his role with Marsh & McLennan Companies, he was CEO of ACE Limited. He also served in senior executive positions with AIG and its affiliates.
Glaser, who will lead Marsh & McLennan beginning next year, has served as group president and chief operating officer of Marsh & McLennan Companies since April 2011, with strategic and operational oversight of both the risk and insurance services and the consulting segments of the company.
Prior to his current role, Glaser served as chairman and CEO of Marsh Inc. He rejoined Marsh in December 2007, after serving in senior positions in commercial insurance and insurance brokerage in the United States, Europe, and the Middle East. He began his career at Marsh 30 years ago.
Swett & Crawford, based in Atlanta, has made several changes to its senior management team.
Shaun Hooper, who moved from Swett & Crawford’s parent company, CGSC (Cooper Gay and Swett & Crawford) where he was group chief commercial officer, will now assume the role of chief operating officer at Swett & Crawford. Hooper will work closely on strategic development, oversee Swett’s division and practice groups and assume accountability for the commercial aspects of Swett’s business.
Hooper joined CGSC in July 2009 as head of group operations. He then became CEO of Cooper Gay’s UK operation before his current role of group chief commercial officer for CGSC. He was previously chief operating officer of Bluefin Insurance Services.
In another management move, veteran Swett executives Mike Brennan and Michael Ruhe, both executive vice presidents and division leaders, have been named corporate sales directors and will be joining the HMSC board in that role. They will work with J. Neal Abernathy, president and CEO, and Hooper to accelerate growth both organically and through acquisitions. Brennan has been with the company since 1992, and Ruhe since 1987.
Swett & Crawford also announced the establishment of a new position, sales and client manager, to which Michael Baeurle has been appointed. Baeurle comes from ACE, where he was most recently national sales manager. He will be working to develop a more structured and coordinated approach to the management and development of the company’s client base.
Former Republican presidential hopeful Tim Pawlenty will become the head of the Financial Services Roundtable, a U.S. financial services lobbying group that represents financial companies. Pawlenty, who dropped out of the White House race early and backed Mitt Romney for the nomination, takes over as president and chief executive office of the industry group on Nov. 1. Pawlenty is leaving the Romney campaign where he served as co-chair. As the industry’s top lobbyist, he will play a role in the industry’s efforts to make changes to the new Dodd-Frank rules.
The Financial Services Roundtable represents 100 financial services firms. Insurance industry members of the group include Allstate, Brown & Brown Insurance, Chubb, Hanover Insurance, The Hartford, Liberty Mutual, Nationwide, State Farm and Swiss Re America.