In 2007, Michael G. Cherkasky earned $1.03M in total compensation at Marsh & McLennan Companies, primarily from $1.00M salary. Led Marsh & McLennan Companies as CEO for 3 years.
Compensation History
Annual executive compensation data for Michael G. Cherkasky, including salary, bonuses, and stock awards.
Year
2007
Total Compensation
$1.03M
Salary
$1.00M
Bonus
$0.00
Other
$32.28K
Salary
$1.00MBoard Justification
The compensation philosophy aims to attract and retain highly qualified professionals while motivating them to lead the company in the long-term interest of shareholders, with a significant portion of compensation linked to performance metrics.
Bonus
$0.00Board Justification
No short-term incentive compensation was awarded for 2007 due to performance metrics not being met.
Other Compensation
$32.28KBoard Justification
Includes contributions to defined contribution plans and financial planning services.
Restricted Stock
Board Justification
No long-term incentive awards were granted in respect of 2007 due to termination of employment.
Performance Metrics
Performance metrics were based on MMC's financial performance, including earnings per share and revenue targets.
Michael G. Cherkasky
Ex-CEO of Marsh & McLennan Companies
Education
N/A
Sector of Economy
Financial Services
Born
November 1, 1944 - 81 years ago
CEO of Marsh & McLennan Companies for
3 years 2 months (Oct 2004 - Dec 2007)
Previous Experience
Unknown
Other Marsh & McLennan Companies CEOs
Holdings
Track Michael G. Cherkasky's stock holdings and portfolio value over time.
Insider Trading
Michael G. Cherkasky's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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