Donnelly will continue to operate from Chicago, reporting to Martin South, president and CEO of Marsh.
In his new role, Donnelly will assume leadership of Marsh Specialty's worldwide operations, encompassing various specialized areas such as aviation, construction, credit specialties, energy and power, financial and professional lines (FINPRO), marine and cargo, and private equities, mergers and acquisitions (PEMA). Additionally, he will be responsible for Marsh's global placement capabilities, including all retail and international placement hubs, portfolio solutions, insurer consulting, climate and sustainability, captive solutions, and claims.
Donnelly brings more than 25 years of experience to the role. He has been leading Marsh's US business since January 2022 and had previously served as the head of Marsh Specialty for Marsh US and Canada after Marsh McLennan's acquisition of JLT, where he had held the role of CEO of JLT Specialty US.
“Clients today are facing some of the most challenging and complex risks for many generations,” Donnelly said. “I am honoured to lead Marsh Specialty and Global Placement at this time, to work with our colleagues globally to continue delivering on our client promises and contributing to their success.”
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Sartain succeeds Donnelly as president of Marsh US. In her new role, she will oversee the insurance brokerage and risk advisory operations across the nation.
Based in New York, Sartain will report to both South and Pat Tomlinson, CEO of Marsh McLennan US and Canada. Prior to this role, she served as the head of Marsh Specialty for the US and Canada and has accumulated more than 25 years of experience, holding various key positions at Marsh.
“I look forward to leading Marsh US’s talented team, who continually strive to support our clients as they navigate today’s most pressing risk issues and increase their resilience to new and emerging shocks,” Sartain said.
“Pat and Michelle are exceptional leaders; their appointments are a testament to the incredible talent and expertise that exists within our organization,” South said. “With their experience and leadership, our colleagues across Marsh and Marsh McLennan will be empowered to further accelerate client impact through enhanced collaboration, providing them with data-led solutions to manage risk effectively and continue to thrive.”
Last month, Marsh announced the appointment of Megan McClellan as Southeast Zone leader. In May, the company’s board was reelected by stockholders.
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