Marsh & McLennan has named Brian M. Storms chairman and chief executive officer of brokerage unit Marsh.

Storms, who most recently served as president and CEO of Mercer Human Resource Consulting, succeeds Michael G. Cherkasky, who continues as president and CEO of parent company MMC.

William A. Malloy will continue as president of Marsh, a role he took on earlier this year.

E. Michael Caulfield, former chief operating officer of Mercer, is assuming Storms' former position as president of Mercer.

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