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Marsh appoints chief operating officer

Marsh, an insurance broker and risk advisor and a wholly-owned subsidiary of Marsh & McLennan Companies, has appointed Bill Pieroni as chief operating officer, effective from September 19.

In his new role, Pieroni will be responsible for the firm’s global operations, and will focus on the Marsh platform in order to maximize performance and to deliver superior, differentiated value to our clients.

Based in New York, he will report to Peter Zaffino, president and CEO of Marsh Inc.

Pieroni comes to Marsh from State Farm where, as senior vice president and part of the office of the chairman, he was responsible for US and international strategic planning, competitor and consumer research, internal consulting, as well as leading key transformational initiatives across the enterprise.

Before joining State Farm in 2006, Pieroni served as Aon’s senior vice president and global chief information officer with responsibility for operations across retail, wholesale, and reinsurance brokerage.

His extensive insurance and financial services background also includes general manager of IBM’s $7bn insurance business, a partner at Accenture, and consultant with McKinsey & Company.