It's hard to say which story was bigger news for me–that ace pitcher Johan Santana had been acquired by the New York Mets, or that ACE executive Brian Duperreault had been acquired by Marsh & McLennan Companies as its new president and CEO. Both moves will have a huge impact on their respective organizations.
Mr. Santana is the stud pitcher so desperately needed by the Mets to restore the dream of another world championship. Mr. Duperreault is the stud executive so desperately needed by the embattled MMC to restore the confidence of the firm's employees, risk management clients, insurers, stock analysts and investors.
Mr. Duperreault is a true superstar in this business. Not satisfied with his more than two decades of success at AIG, he moved to Bermuda as CEO of ACE (which, ironically, MMC helped found in 1985) from 1994 to 2004. He was bumped up to chairman in 2004, a post he held through last year. He resigned from the ACE board to take on his new challenges at MMC.
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