Mercer, a global consulting leader in advancing health, wealth and career, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), today announced leadership changes for both its global Wealth and Health businesses.
Effective immediately, Rich Nuzum is named President of the global Wealth business. Martine Ferland, President, Europe and Pacific and Ken Haderer, President, North America will co-lead the global Health business. International MercerMarsh Benefits leader, John Deegan, will now report to Martine Ferland. Sharon Cunninghis, head of US Health, will continue to report to Ken Haderer. These moves follow the announced departure of Jacques Goulet to President, Sun Life Financial Canada effective January 15, 2018.
“Moving from strength to strength, these changes will continue to drive Mercer’s growth agenda,” said Julio A. Portalatin, President and CEO of Mercer. “These proven leaders have the vision and insight needed to lead our business forward in times of rapid change at the global, regional and local level. We thank Jacques for his years of leadership and congratulate Rich, Martine and Ken on their expanded leadership roles.”
Rich Nuzum was formerly the Wealth Leader for Mercer’s Growth Markets Region. Mr. Nuzum joined Mercer in Tokyo, Japan in 1992. Throughout his career he has held leadership roles in Mercer’s retirement and investment businesses including leading Mercer’s investments business in Asia and later in North America. Most recently, Mr. Nuzum was named Consultant of the Year by CIO Magazine, for his role as the Wealth Leader, Growth Markets. In this capacity he led Mercer’s retirement and investments businesses across Africa, Asia, Latin America and the Middle East.
Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Mercer’s more than 22,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With more than 60,000 colleagues and annual revenue over $13 billion, through its market-leading companies including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.