Marsh & McLennan Says Ex-ADM CFO Young Won’t Seek Reelection

Feb. 9, 2024, 10:04 PM UTC

Ray Young informed Marsh & McLennan he won’t seek reelection at its May 16 annual meeting, the company said in regulatory filing.

  • “Young’s decision is not due to any disagreement with the company on any matter relating to its operations, policies or practices”
  • He was previously vice chairman and CFO at Archer-Daniels-Midland Co., a company now facing an accounting probe
  • Young joined the board on March 2023
  • READ: ADM Plunges Most on Record After Probe, CFO Placed on Leave

--With assistance from Joe Carroll.

To contact the reporter on this story:
Michael Hirtzer in Chicago at mhirtzer@bloomberg.net

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