Industry Veterans Join Growing Team of Global Experts

NEW YORK – Marsh, the world's leading insurance broker and risk advisor, has established a Global Supply Chain Risk Management Practice under the leadership of Gary Lynch to provide clients with the risk intelligence and risk solutions required to better manage their value/supply chain risk. The firm also established Supply Chain Consulting and Supply Chain Risk Intelligence subpractices to be led by Ann Grackin and William McBeath, respectively.

John Merkovsky, a managing director of Marsh and global leader for Risk Consulting, said, “Within the past decade, we have seen an acceleration of changes in business models due to a relentless drive for efficiency and productivity, which has led to an increase in outsourcing, just-in-time manufacturing, and globalization. Businesses are still coming to grips with their evolving risk profiles and the impacts on revenue and brand equity of disruptions—natural or manmade—on their extended supply chains. Our Supply Chain Risk Management Practice will provide clients with the tools and insights needed to help address their exposures.”

Mr. Merkovsky said the firm’s Supply Chain Risk Management Practice will provide clients with the tools and insights needed to help address these potential exposures.

Mr. Lynch, global leader of Marsh’s Risk Intelligence Strategies and Resiliency Solutions Practice, added: “Companies must understand the full scope of their end-to-end supply chain linkages and the impact of public policy on supply chain risk. Now more than ever, risk must be prioritized and managed from raw material supplier through to end customer. Our aim is provide clients with information on end-to-end supply chain risk metrics and new risk management options and techniques so that their supply chains remain healthy and resilient.”
During his 30-year career, Mr. Lynch he has held a number of senior positions in operational risk, business resiliency and IT security.  Before joining Marsh, he was a partner at Booz Allen Hamilton and, prior to that, at Ernst & Young.   He also was global research director and market analyst for the Gartner Group.  A graduate of New York Institute of Technology with a B.S. degree in Finance, Mr. Lynch has been a guest lecturer on operational risk at the NYU Stern School of Management. 

For more than two decades Ms. Grackin has been at the forefront of supply chain management technology and eCommerce, leading global strategy and technology implementations in the high technology, semiconductor, automotive, textile, and apparel industries. This included being a founding partner of Benchmarking Partners and managing AMR Research’s supply chain practice.  A graduate of the Harvard School of Executive Management and the Sloan School of Strategic Planning, Ms. Grakin was a co-founder along with Mr. McBeath of ChainLink Research, a supply chain research and strategy firm, where both worked before joining Marsh.

Mr. McBeath has more than 25 years of experience as a business and technology researcher, consultant, and software architect. In addition to serving as chief research officer of Chainlink, he was a managing director at Benchmarking Partners. Earlier in his career, he was responsible for advanced systems and software design and management at a number of leading technology companies, including NEC Computer Systems, Data General, and Wang. He has an undergraduate degree from Hampshire College and has done graduate work at MIT and Northeastern University.

In addition to Lynch, Grackin, and McBeath, the new Global Supply Chain Risk Management Practice brings together professionals who have deep experience and are recognized experts in supply chain research, management, and risk mitigation. They have worked for organizations in nearly all global industry sectors, as well as the Department of Defense, the United Nations, and the World Health Organization.

Marsh plans to continue to expand its value/supply chain, business intelligence, and resiliency services and products. Its experts will work with clients to assess and monitor supply chain risks by product line and to provide guidance and transformation strategies on how to drive operational and financial improvements that can help reduce supply chain risk.

In addition to the firm’s Global Supply Chain Risk Management Practice, clients may tap the firm’s expertise in Reputational Risk & Crisis Management, Business Continuity Risk Management, Product Risk, Human Capital, and Property Risk Consulting for assistance with related issues.

Marsh has 26,000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm with more than 55,000 employees and annual revenue exceeding $11 billion. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Kroll, the risk consulting firm; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy.  MMC's stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges.  MMC's Web Site is www.mmc.com.

For more details please see this Fact Sheet (pdf - 23 kb)

Contact: 
Al Modugno
(212) 345-2448
alfred.j.modugno@marsh.com

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