President and Chief Executive Officer of Marsh Risk and Vice Chair, Marsh McLennan · Marsh & McLennan Companies, Inc. (MMC)

Martin South

A named executive officer of Marsh & McLennan Companies in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$8,000,994

FY2024: $8,277,685

3rd of 5 named executive officers at Marsh & McLennan Companies by FY2025 total.

5 named officers on file for Marsh & McLennan Companies, FY2025

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What this number hides

The filing gives the total. Marsh & McLennan Companies’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 31, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Martin South compensation by year

Marsh & McLennan Companies Summary Compensation Table · all 2 fiscal years held
In US dollars, as Marsh & McLennan Companies reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$1,000,000$1,000,000
Bonus$0$0
Stock awards$1,536,829$1,759,442
Option awards$1,400,022$1,600,008
Non-equity incentive$4,250,000$3,500,000
Pension and deferred compensation$0$0
All other$90,833$141,544
Total$8,277,685$8,000,994

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Marsh & McLennan Companies, Inc. DEF 14A filed March 31, 2026, accession 0001193125-26-133303, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Marsh & McLennan Companies, Inc. filed document, accession 0001193125-26-133303. Every figure is read from that document and cited to the page and table it appears in. Filed March 31, 2026.

$8.3M
$8.0M
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU16,450$3,051,804—
PSU13,968$2,591,343—
PSU6,948$1,288,993—
Option27,914—$230.29
Option21,087—$200.47
Option16,102—$164.15
Option9,960—$151.37

Per the Outstanding Equity Awards at Fiscal Year-End table in Marsh & McLennan Companies, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2025 proxy (filed March 31, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-07-28Sale—7,100$189.9916,631.71
2026-05-01Grant or award derivative—5,963$0.005,963

The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Marsh & McLennan Companies’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
John DoylePresident and Chief Executive Officer, Marsh McLennan$25,051,051
Mark McGivneySenior Vice President and Chief Financial Officer, Marsh McLennan$8,123,648
Martin South · this pagePresident and Chief Executive Officer of Marsh Risk and Vice Chair, Marsh McLennan$8,000,994
Dean KlisuraPresident and Chief Executive Officer of Guy Carpenter and Vice Chair, Marsh McLennan$6,520,596
Patrick TomlinsonPresident and Chief Executive Officer of Mercer and Vice Chair, Marsh McLennan$6,175,422

The full Marsh & McLennan Companies compensation record

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This page is one person within Marsh & McLennan Companies's record. The company brief lists every named executive, each linking to their own page.

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Marsh & McLennan Companies's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Martin South's compensation dossier