August 24, 2016

United States, New York

Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC), announced today that Karen McKechnie has been hired as the Boston Investments Business leader for the consulting  team.  With an official start date of August 15, 2016, Ms. McKechnie reports to Mercer Investment Consulting Senior Partner, Tom Cassara. Ms. McKechnie is responsible for leading Mercer’s investment consulting business in New England.   She will be a senior consultant to Mercer clients and in addition, she will be overseeing Mercer’s Boston-based investment consulting team. 

On an interim basis, Peter Grant had acted as Investment Business leader for both Mercer’s Boston and Connecticut offices. With Mercer’s substantive growth in both markets, the roles have been separated and Mr. Grant will now focus his efforts on his position as the Connecticut Office Investment Business Leader. 

“Karen has proven capabilities in institutional consulting and relationship development. We look forward to bringing her experience to our clients based in Boston and New England,” said Tom Cassara, Senior Partner, Mercer Investment Consulting. “Our growth in the Northeast has merited the support of an additional senior leadership role, so we are eager to have Karen lead our efforts in this area and share her expertise throughout the region.” 

Ms. McKechnie’s most recent position was at Callan Associates where she was a Vice President, and provided her expertise to corporate and public defined benefit and defined contribution plans, college savings plans, and endowments and foundations. Prior to that role, she was a senior investment consultant with Mercer in London. 

About Mercer

Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and careers of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries.  Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With annual revenue of $13 billion and 57,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.