Willis’s Plumeri makes $11.5m for year and Marsh’s Duperreault bags $13.9m
Marsh & McLennan Companies president and chief executive Brian Duperreault took home $13.9m (£8.8m) in total pay last year, according to the latest US Securities & Exchange Commission filings.
Duperreault’s total compensation package increased 3% from $13.5m in 2010, as agreed by the company’s compensation committee in February 2011.
MMC’s group president and chief operating officer Dan Glaser pocketed $8.5m – the same as the previous year.
Meanwhile, Willis chairman and chief executive Joe Plumeri’s total pay decreased by more than $500,000 to $11.5m in 2011, from $12.1m a year earlier.
The next highest earner at the broker was deputy chairman and chief executive of Willis Global Solutions Martin Sullivan, with a $3.6m pay packet.
Last week business secretary Vince Cable published a consultation on plans to give shareholders a binding vote on executive pay at 1,200 quoted companies.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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