Martine Ferland has been named incoming president and CEO of consulting firm Mercer.
NYC-based Marsh & McLennan Companies (MMC) has announced a new president and CEO for Mercer Martine Ferland, previously Mercer’s group president, who will take on the role effective March 1.
Meanwhile, outgoing President and CEO Julio Portalatin, who was interviewed by CEO Magazine last year, will become a vice chairman of MMC.
CEO Martine Ferland is currently group president of the leading health, wealth, and career consultancy. In her current role, she is responsible for leading Mercer’s Regions and Global Business Solutions, driving collaboration, and profitable growth. She ascended to the newly created position in September.
Previously, Ferland was Mercer’s Europe and Pacific president, as well as its co-president of Global Health, for three-and-a-half years. She joined the firm in 2011 as the head of its retirement business for Europe and the Pacific. Before joining Mercer, Ferland spent nearly 10 years at rival firm Willis Tower Watson. She served as director of Canada retirement at consultancy Towers Watson, and was global consultancy group leader and Asia retirement business leader at Towers Perrin.
“Martine Ferland is a proven global leader who has dedicated her career to bringing value to companies across health, wealth, and career. Martine has extensive experience having led businesses in Canada, Europe, the Pacific, Asia and the US, and a track record of innovating”, Julio Portalatin, who served as Mercer’s president and CEO for seven years and will serve as vice chairman at MMC.
Mercer, the world’s largest human resources consulting firm, has more than 23,000 employees and revenue in excess of $4 billion. The HR consultancy has more than 170 offices worldwide , including 67 in the U.S. and 12 in Canada.
Parent company Marsh & McLennan (MMC) has 65,000 global employees and annual revenue in excess of $14 billion.