A Salute to Duperreault

For Marsh & McLennan Companies, Inc. President and CEO Brian Duperreault, it is time to go now that the brokerage behemoth is back on sound footing. He doesn't have to leave, of course. He just knows it's time.

Insurance leaders often get credit for stepping in and building organizations. Knowing when to leave is a rarer gift.

Duperreault has that gift. First, he cut his teeth at AIG, then he built ACE into a global powerhouse through several successful acquisitions, before finally turning around MMC. The time has come to say "Thank You" to a most respected insurance leader.

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Known for his cool demeanor, his clarity of vision and his good record in the area of ethics, Duperreault is the equivalent of the gold standard in an era that is crying out for good leaders. His business acumen speaks for itself, and is documented in this month's cover story.

In a world where the reprehensible behavior of too many corporate leaders has caused millions of people unnecessary financial hardship, the insurance industry will always be proud to call Duperreault one of its own.

Duperreault is a French name, and you likely don't have to go back very far to find Duperreault's connection to the French Republic.

In French, we say "Salut," which means not goodbye but "see you later," for we can only hope that the 65-year-old Duperreault remains connected to the insurance and risk management businesses. The industry, indeed the entire business world, would benefit.

-Cyril Tuohy

December 17, 2012

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