NEW YORK--(BUSINESS WIRE)--Marsh & McLennan Companies, Inc. (NYSE: MMC) today held its annual meeting of shareholders at which the Company announced that its Board of Directors voted to increase the Company’s quarterly cash dividend.
The Board of Directors increased the quarterly cash dividend from $.31 to $.34 per share on outstanding common stock. The dividend is payable on August 15, 2016 to shareholders of record on July 11, 2016.
Marsh & McLennan Companies also announced that shareholders elected the entire slate of 2016 director nominees for a one-year term expiring at next year's annual meeting. They are: Oscar Fanjul, Daniel S. Glaser, H. Edward Hanway, Elaine La Roche, Maria Silvia Bastos Marques, Steven A. Mills, Bruce P. Nolop, Marc D. Oken, Morton O. Schapiro, Lloyd M. Yates and R. David Yost.
In further business at the annual meeting, shareholders ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2016 and approved, by nonbinding vote, the compensation of the Company’s named executive officers.
An audio webcast of the Marsh & McLennan Companies 2016 annual meeting can be accessed at www.mmc.com.
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. Marsh is a leader in insurance broking and risk management; Guy Carpenter is a leader in providing risk and reinsurance intermediary services; Mercer is a leader in talent, health, retirement and investment consulting; and Oliver Wyman is a leader in management consulting. With annual revenue of $13 billion and approximately 60,000 colleagues worldwide, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 130 countries. The Company is committed to being a responsible corporate citizen and making a positive impact in the communities in which it operates. Visit www.mmc.com for more information and follow us on LinkedIn and Twitter @MMC_Global.