Guy Carpenter General Counsel Melvin Schwarz to Step Down; Katherine J. Brennan to Succeed Him

Proquest LLC

Marsh & McLennan Companies announced that Melvin A. Schwarz, 63, will retire as general counsel of Guy Carpenter, the Company's reinsurance subsidiary, at the end of this year.

According to a release, Katherine J. Brennan will succeed him and become a member of Guy Carpenter's Board of Managers and Global Operating Committee, effective January 1, 2014. She will report to Peter J. Beshar, executive vice president and general counsel of Marsh & McLennan Companies, and Alexander Moczarski, president and chief executive officer of Guy Carpenter.

"Mel has been an extraordinary colleague within the Legal Department, as well as a strategic advisor to numerous business leaders across the organization," said Beshar. "I would like to thank Mel for his wonderful contributions and congratulate Kate on her appointment," he added. "Kate has been an invaluable member of our legal team, and I look forward to continuing to work with her in her new role."

Brennan joined the Marsh & McLennan Companies legal team in 2008 and is currently senior counsel for corporate and securities matters. She has also served as assistant corporate secretary and worked closely with the Company's Board of Directors, including acting as secretary of the Audit Committee. Prior to joining the Company, Brennan was a corporate lawyer at Dewey & LeBoeuf, where she also completed secondments with Ambac Assurance Corp. and Scottish Re Group Limited.

Schwarz joined Guy Carpenter as general counsel in 2005. He is a member of its Board of Managers and Global Operating Committee, and co-chair of the Compliance and Risk Management Committee. Prior to joining the Company, he served as a partner at Dechert, where he began and spent much of his career, starting in 1975. From 1998- 2000, he was special counsel for civil enforcement with the Antitrust Division of the United States Department of Justice.

"On behalf of the Guy Carpenter management team, I want to thank Mel for his extraordinary advice and counsel over the past eight years. We wish him the best in his future endeavors," said Moczarski. "I also extend a warm welcome to Kate and look forward to her contributions to Guy Carpenter."

MARSH & McLENNAN COMPANIES is a professional services firm offering clients advice and solutions in the areas of risk, strategy, and human capital