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Peter Zaffino Biography and Net Worth

Chairman of Marsh & McLennan Companies

Peter Zaffino is Chairman & Chief Executive Officer of American International Group, Inc. (AIG).

Mr. Zaffino joined AIG in July 2017 as Global Chief Operating Officer. In December 2019 he was also appointed to the role of President of AIG, in March 2021 he took on the additional role of Chief Executive Officer and as of January 2022 became Chairman of the Board of Directors.

Mr. Zaffino has more than 30 years of experience in the insurance and reinsurance industry. He joined AIG from Marsh McLennan, where he was Chairman of the Risk & Insurance businesses (Marsh and Guy Carpenter) beginning in 2015, in addition to serving as Chief Executive Officer of Marsh since 2011. Prior to his role at Marsh, Mr. Zaffino was President & Chief Executive Officer of Guy Carpenter from 2008 to 2011, a company he first joined in 2001.

Before joining Guy Carpenter, Mr. Zaffino served in executive roles at several market-leading companies, including a portfolio company of GE Capital that specialized in alternative risk insurance and reinsurance.

Mr. Zaffino earned a BA in economics from Boston College and an MBA in finance from New York University’s Leonard N. Stern School of Business. He is a member of the Boards of The Michael J. Fox Foundation for Parkinson’s Research and the New York Police and Fire Widows’ and Children’s Benefit Fund.

What is Peter Zaffino's net worth?: The estimated net worth of Peter Zaffino is at least $102.30 million as of March 15th, 2024. Zaffino owns 505,420 shares of Marsh & McLennan Companies stock worth more than $102,302,062 as of April 19th. This net worth evaluation does not reflect any other assets that Zaffino may own. Learn More about Peter Zaffino's net worth.
How do I contact Peter Zaffino?: The corporate mailing address for Zaffino and other Marsh & McLennan Companies executives is 1166 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. Marsh & McLennan Companies can also be reached via phone at (212) 345-5000 and via email at [email protected]. Learn More on Peter Zaffino's contact information.
Has Peter Zaffino been buying or selling shares of Marsh & McLennan Companies?: Peter Zaffino has not been actively trading shares of Marsh & McLennan Companies over the course of the past ninety days. Most recently, Peter Zaffino sold 117,577 shares of the business's stock in a transaction on Tuesday, February 7th. The shares were sold at an average price of $70.24, for a transaction totalling $8,258,608.48. Learn More on Peter Zaffino's trading history.
Who are Marsh & McLennan Companies' active insiders?: Marsh & McLennan Companies' insider roster includes Peter Beshar (EVP), Paul Beswick (SVP), John Doyle (Group Pres), Oscar Fanjul (Director), Martine Ferland (CEO), E. Gilbert (SVP), Daniel Glaser (CEO), Peter Hearn (CEO), Dean Klisura (CEO), Laurie Ledford (SVP), Scott Mcdonald (CEO), Mark McGivney (CFO), Stacy Mills (VP), Alexander Moczarski (Chairman), Marc Oken (Director), Julio Portalatin (CEO), Morton Schapiro (Director), Martin South (CEO), Lloyd Yates (Director), and Peter Zaffino (Chairman). Learn More on Marsh & McLennan Companies' active insiders.
Are insiders buying or selling shares of Marsh & McLennan Companies?: During the last year, insiders at the financial services provider sold shares 12 times. They sold a total of 138,741 shares worth more than $26,456,303.03. The most recent insider tranaction occured on March, 14th when VP Stacy Mills sold 1,461 shares worth more than $305,582.76. Insiders at Marsh & McLennan Companies own 0.3% of the company. Learn More about insider trades at Marsh & McLennan Companies.
Information on this page was last updated on 3/14/2024.

Peter Zaffino Insider Trading History at Marsh & McLennan Companies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/7/2017	Sell	117,577	$70.24	$8,258,608.48
11/8/2016	Sell	109,279	$65.08	$7,111,877.32	203,352
10/27/2016	Sell	21,087	$63.16	$1,331,854.92	150,736
2/18/2016	Sell	100,000	$57.50	$5,750,000.00	142,910
8/26/2013	Sell	74,225	$42.49	$3,153,820.25	69,048

Peter Zaffino Buying and Selling Activity at Marsh & McLennan Companies

Marsh & McLennan Companies Company Overview

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services. It serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth and career advice, solutions and products; and specialized management, strategic, economic, and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

Today's Range

Now: $202.41

$198.89

$203.13

50 Day Range

MA: $202.86

$196.19

$207.97

2 Week Range

Now: $202.41

$171.47

$209.20

Volume

2,458,965 shs

Average Volume

1,737,595 shs

Market Capitalization

$99.90 billion

P/E Ratio

26.88

Dividend Yield

1.44%

Beta

0.9