Bruce P. Nolop was named as a member of the board of directors of Marsh & McLennan Companies, the New York-based services company said today.

Mr. Nolop, 57, has served as chief financial officer of Pitney Bowes Inc. since 2000. Prior to joining Pitney Bowes, he was a managing director at Wasserstein Perella & Co. for seven years. From 1986 to 1993, Mr. Nolop was with Goldman Sachs, and also previously held positions with both Kimberly-Clark and Morgan Stanley.

The board now consists of 12 members, including 11 independent directors.

Stephen R. Hardis, chairman of MMC's board of directors, said Mr. Nolop's financial and strategic expertise would benefit MMC.

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