Marsh CEO Mahoney Not Joining Integro
After announcing on Friday that Timothy J. Mahoney, Marsh Inc.’s chief executive officer of the Americas, was leaving the brokerage firm and joining Integro Ltd as an executive vp, the move is now off.
“Tim Mahoney will not be joining Integro. It was our understanding we had an agreement with Mr. Mahoney; we are quite disappointed he’s chosen not to honor his commitment,” a spokesman for New York-based Integro said.
According to a Marsh spokesman, although the Mahoney had resigned from the Marsh to join Integro, he changed his mind over the weekend.
“He was technically with us through the end of day Friday and was in bright and early this morning,” the Marsh spokesman said. “Really, it’s sort of business as usual, nothing else changes.”
Published on September 11, 2007
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