In 2023, Daniel S. Glaser earned $13.50M in total compensation at Marsh & McLennan Companies, including $1.40M salary, $6.00M bonus and $5.78M in stock. Most recently sold 32,322 shares in Mar 2022. Currently holds stock worth $18.52M. Has donated $2.77M in stock to charitable causes. Has led Marsh & McLennan Companies for over 12 years.
Compensation History
Annual executive compensation data for Daniel S. Glaser, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$13.50M
Salary
$1.40M
Bonus
$6.00M
Other
$329.85K
Salary
$1.40MBoard Justification
The compensation philosophy aligns with stockholder value creation, supports a strong performance culture, and sets target compensation at competitive levels in the markets where the company operates.
Bonus
$6.00MBoard Justification
The annual bonus for 2023 was determined based on the company's financial performance and individual strategic objectives, with a payout of 171% of the target bonus.
Other Compensation
$329.85KBoard Justification
Other compensation includes contributions to defined contribution plans, financial planning services, and personal use of corporate aircraft.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were performance stock units (PSUs) granted in prior years, which were based on achieving specific financial performance metrics over a three-year period.
Performance Metrics
The performance metrics for determining the compensation included adjusted EPS growth and relative TSR compared to S&P 500 constituents.
Daniel S. Glaser
CEO of Marsh & McLennan Companies
Education
N/A
Sector of Economy
Financial Services
Born
September 1, 1960 - 65 years ago
CEO of Marsh & McLennan Companies for
12 years 11 months (Jan 2013 - Present)
Previous Experience
Chairman and Chief Executive Officer of Marsh Inc.
Other Marsh & McLennan Companies CEOs
Holdings
Track Daniel S. Glaser's stock holdings and portfolio value over time.
Total Stock Sold
$242.97M
$242.97M
2,559,387.478 MMC shares
What if they kept their stock?
If Daniel S. Glaser didn't sell their stock, today they would have:
Extra MMC2,559,387.478 shares worth $468.88M.
This is 92.98% and $225.91M more than what they got when they sold the stock.
Charitable Transactions
15,104 shares
MMC
Recent Charitable Transactions
2,500 shares
MMC
May 6, 2020
Charity
2,709 shares
MMC
Dec 31, 2019
Charity
290 shares
MMC
Feb 19, 2019
Charity
820 shares
MMC
Dec 18, 2017
Charity
1,525 shares
MMC
Dec 31, 2016
Charity
3,200 shares
MMC
Dec 31, 2015
Charity
Insider Trading
Daniel S. Glaser's recent stock transactions, purchases, and sales filed with the SEC.
$5.00M
MMC at $154.60/share
Mar 4, 2022
Sale
$39.75M
MMC at $167.63/share
Nov 29, 2021
Sale
$3.13M
MMC at $115.28/share
Mar 4, 2021
Sale
$36.29M
MMC at $115.39/share
May 6, 2020
Sale
2,500 shares
MMC
May 6, 2020
Charity
$26.53M
MMC at $106.81/share
Mar 5, 2020
Sale
2,709 shares
MMC
Dec 31, 2019
Charity
$16.52M
MMC at $92.03/share
Mar 5, 2019
Sale
290 shares
MMC
Feb 19, 2019
Charity
$3.40M
MMC at $81.88/share
Mar 5, 2018
Sale
Rivals
Compare Daniel S. Glaser with competitor CEOs and industry peers.
J. Patrick Gallagher, Jr.
CEO of Arthur J. Gallagher
2023 Compensation
Stock
$3.99M
Salary
$1.30M
Bonus
$0.00
Other
$2.93M
Total Holdings
$29.23M
Gregory C. Case
CEO of Aon plc
2023 Compensation
Stock
$62.08M
Salary
$1.50M
Bonus
$2.55M
Other
$674.49K
Total Holdings
$216.70M
Carl Hess
CEO of Willis Towers Watson
2023 Compensation
Stock
$1.77M
Salary
$1.00M
Bonus
$0.00
Other
$512.64K
Total Holdings
$5.21M