After making some tough choices Marsh & McLennan Companies is on the road to improvement that will translate into growth over the long term the services firm's chief executive said.
Speaking today at the New York-based company's annual shareholders meeting Michael Cherkasky, president and chief executive officer, said when faced with a decision to continue the status quo or make changes the company has changed to meet the challenge.
"We made a series of conscious choices that the risk was worth the trade-off and we have created substantial, substantive shareholder value," explained Mr. Cherkasky.
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