Marsh & McLennan Agency Executive and Leadership Team

August, 2026

Leadership Overview

Marsh & McLennan Agency has 10 executives leading key functions including strategy, financial oversight, human capital management, and regional operations.

Focused on delivering comprehensive risk management and insurance solutions, Marsh & McLennan Agency empowers organizations and individuals through tailored business insurance, employee health benefits, and retirement planning services across diverse global markets.

Leadership Roles at Marsh & McLennan Agency

  • Chief Executive Officer and President, Marsh McLennan Agency AZ - Jody Sarchett
  • President & Chief Executive Officer - Peter Krause
  • Chief Executive Officer (Thailand) - Derek Heng
  • Chief Financial Officer - Kathleen Smahi
  • Chief Operating Officer, National Small Business - Rachael Yelverton
  • President - Timothy Fleming
  • President - Nathan Rasmussen
  • Chief Human Resources Officer - Sharon Werner
  • Chief of Staff, Marsh McLennan Global Commercial - Alexandra Fulton
  • Chief Sales Officer (CSO) - Matthew Dobish
  • Jody Sarchett - Chief Executive Officer and President, Marsh McLennan Agency AZ

    Jody Sarchett, the Chief Executive Officer and President, Marsh McLennan Agency AZ at Marsh & McLennan Agency, directs all regional insurance brokerage operations within the Southwest territory. Sarchett architects growth strategies for business insurance and employee health benefits, ensuring local market needs align with broader corporate risk management objectives. By fostering relationships with private clients and corporate entities, the Chief Executive Officer and President, Marsh McLennan Agency AZ maintains high service standards across the region. Jody Sarchett drives operational excellence by optimizing resource allocation and team performance to meet complex client demands. This leadership role involves constant evaluation of market trends to refine service delivery models. Through proactive engagement with regional stakeholders, Sarchett secures competitive advantages for the firm. The Chief Executive Officer and President, Marsh McLennan Agency AZ ultimately strengthens the company's reputation as a premier provider of specialized insurance solutions in the competitive Arizona landscape.

    Peter Krause - President & Chief Executive Officer

    Peter Krause, the President & Chief Executive Officer at Marsh & McLennan Agency, directs the overarching strategic vision for the entire insurance brokerage and risk management enterprise. Krause architects long-term growth initiatives, focusing on the expansion of employee health, benefits, and retirement solutions for a diverse client base. By coordinating with the board and senior leadership, the President & Chief Executive Officer ensures operational alignment across all national divisions. Peter Krause drives the firm's commitment to excellence in private client insurance, maintaining a focus on sustainable revenue generation and market leadership. This executive role involves navigating complex regulatory environments while fostering a culture of innovation and client-centric service. Through rigorous oversight of corporate performance metrics, Krause secures the financial health of the organization. The President & Chief Executive Officer consistently elevates the company's market position by championing advanced risk management methodologies that address evolving global business challenges.
    Peter Krause

    Derek Heng - Chief Executive Officer (Thailand)

    Derek Heng, the Chief Executive Officer (Thailand) at Marsh & McLennan Agency, directs all insurance brokerage and risk management operations within the Southeast Asian market. Heng architects localized service strategies that address the specific regulatory and economic nuances of the Thai business environment. By overseeing the delivery of employee health, benefits, and retirement solutions, the Chief Executive Officer (Thailand) ensures the firm maintains a competitive edge in the region. Derek Heng drives business development efforts by building strong partnerships with local corporations and multinational entities operating in the area. This leadership role involves managing cross-functional teams to deliver high-quality risk advisory services. Through consistent monitoring of regional market shifts, Heng adapts service models to meet evolving client needs. The Chief Executive Officer (Thailand) ultimately expands the company's international footprint by establishing the firm as a trusted advisor for complex risk management in the Thai market.
    Derek Heng

    Kathleen Smahi - Chief Financial Officer

    Kathleen Smahi, the Chief Financial Officer at Marsh & McLennan Agency, directs the fiscal strategy and financial reporting functions for the entire brokerage organization. Smahi architects robust capital allocation plans, ensuring the firm maintains liquidity to support expansion in business insurance and retirement services. By overseeing internal audits and financial planning, the Chief Financial Officer provides the necessary data to guide executive decision-making regarding long-term investments. Kathleen Smahi drives efficiency across all departments by implementing rigorous cost-management protocols and financial controls. This leadership role involves close collaboration with the board to ensure transparency and compliance with industry standards. Through meticulous analysis of market volatility, Smahi mitigates financial risks associated with the firm's diverse insurance portfolio. The Chief Financial Officer ultimately secures the fiscal stability required for the company to continue delivering high-value risk management solutions to clients across the United States.

    Rachael Yelverton - Chief Operating Officer, National Small Business

    Rachael Yelverton, the Chief Operating Officer, National Small Business at Marsh & McLennan Agency, directs the operational infrastructure dedicated to serving the small business segment. Yelverton architects scalable service delivery models that simplify the procurement of business insurance and employee benefits for smaller organizations. By overseeing the integration of digital tools and streamlined workflows, the Chief Operating Officer, National Small Business ensures efficient service delivery at scale. Rachael Yelverton drives operational improvements that reduce administrative burdens for clients, allowing for faster response times and higher satisfaction. This leadership role involves coordinating with technology and service teams to enhance the client experience. Through rigorous process management, Yelverton maintains high standards of service quality across the national small business portfolio. The Chief Operating Officer, National Small Business ultimately supports the firm's growth by making sophisticated risk management solutions accessible and manageable for smaller enterprises.

    Timothy Fleming - President

    Timothy Fleming, the President at Marsh & McLennan Agency, directs the strategic execution of core business insurance and risk management operations. Fleming architects initiatives that enhance the firm's service delivery capabilities, focusing on the integration of retirement and private client solutions. By overseeing key operational divisions, the President ensures that the company maintains its commitment to providing comprehensive risk management services. Timothy Fleming drives organizational performance by aligning departmental goals with the firm's overarching mission of client-focused excellence. This leadership role involves collaborating with other executives to refine the company's market approach and service offerings. Through consistent oversight of operational metrics, Fleming identifies opportunities for process improvement and service expansion. The President ultimately strengthens the firm's competitive position by ensuring that all business units operate with the precision and expertise required to address the complex needs of a diverse client base.
    Timothy Fleming

    Nathan Rasmussen - President

    Nathan Rasmussen, the President at Marsh & McLennan Agency, directs the strategic development of specialized insurance brokerage practices. Rasmussen architects growth plans that focus on expanding the firm's footprint in employee health and benefits consulting. By overseeing the performance of specialized practice groups, the President ensures that the company delivers deep industry expertise to its clients. Nathan Rasmussen drives innovation in service delivery by championing the adoption of new risk management technologies and methodologies. This leadership role involves working closely with the executive team to ensure that the firm's service portfolio remains relevant in a changing market. Through strategic resource management, Rasmussen optimizes the performance of the practice groups under the President's purview. The President ultimately contributes to the firm's success by fostering a culture of technical excellence and client-focused service, ensuring that the company remains a trusted partner for complex insurance needs.

    Sharon Werner - Chief Human Resources Officer

    Sharon Werner, the Chief Human Resources Officer at Marsh & McLennan Agency, directs the talent acquisition, retention, and organizational development strategies for the firm. Werner architects comprehensive programs that cultivate a high-performance culture, essential for delivering superior employee health and benefits consulting. By managing workforce planning and leadership development, the Chief Human Resources Officer ensures the company attracts top-tier talent capable of navigating complex insurance markets. Sharon Werner drives initiatives that promote diversity, equity, and inclusion, aligning human capital goals with the broader mission of the organization. This leadership role involves designing competitive compensation structures that incentivize excellence across all brokerage teams. Through strategic engagement with department heads, Werner optimizes organizational structure to support rapid growth. The Chief Human Resources Officer ultimately strengthens the firm's internal capabilities, ensuring the workforce remains equipped to provide innovative risk management solutions to a demanding client base.

    Alexandra Fulton - Chief of Staff, Marsh McLennan Global Commercial

    Alexandra Fulton, the Chief of Staff, Marsh McLennan Global Commercial at Marsh & McLennan Agency, directs the operational synchronization of the global commercial division. Fulton architects communication frameworks that streamline decision-making processes between executive leadership and regional teams. By managing high-priority projects related to business insurance and risk management, the Chief of Staff, Marsh McLennan Global Commercial ensures that strategic initiatives receive the necessary resources and attention. Alexandra Fulton drives organizational alignment by facilitating cross-departmental collaboration on major client accounts. This leadership role involves preparing executive briefings and managing the flow of critical information to support the firm's global commercial objectives. Through proactive problem-solving and process optimization, Fulton enhances the efficiency of the leadership team. The Chief of Staff, Marsh McLennan Global Commercial ultimately supports the firm's ability to deliver consistent, high-quality insurance solutions across diverse international markets.

    Matthew Dobish - Chief Sales Officer (CSO)

    Matthew Dobish, the Chief Sales Officer (CSO) at Marsh & McLennan Agency, directs the national sales strategy and revenue growth initiatives for the firm. Dobish architects high-impact sales methodologies that target new business insurance and retirement service opportunities. By overseeing the performance of sales teams across the country, the Chief Sales Officer (CSO) ensures consistent delivery of value-driven solutions to prospective clients. Matthew Dobish drives market penetration by identifying emerging sectors and tailoring the firm's service offerings to meet specific industry needs. This leadership role involves mentoring sales leaders and refining the sales funnel to improve conversion rates. Through data-driven analysis of client acquisition trends, Dobish optimizes the firm's go-to-market approach. The Chief Sales Officer (CSO) ultimately secures the company's revenue growth by fostering a culture of aggressive yet consultative sales, ensuring the firm remains a leader in the competitive insurance brokerage landscape.

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    Frequently Asked Questions Regarding Marsh & McLennan Agency Top Executives and Leadership Team

    Who leads Marsh & McLennan Agency?
    Marsh & McLennan Agency is led by Jody Sarchett (Chief Executive Officer and President, Marsh McLennan Agency AZ), along with executives such as Peter Krause (President & Chief Executive Officer) and Derek Heng (Chief Executive Officer (Thailand)).
    Who is part of Marsh & McLennan Agency’s executive team?
    The executive team of Marsh & McLennan Agency includes leaders such as Jody Sarchett (Chief Executive Officer and President, Marsh McLennan Agency AZ), Peter Krause (President & Chief Executive Officer), Derek Heng (Chief Executive Officer (Thailand)) and other senior executives.
    How many executives does Marsh & McLennan Agency have?
    Marsh & McLennan Agency has 10 executives leading key business areas.
    What roles are included in Marsh & McLennan Agency’s leadership team?
    The leadership team of Marsh & McLennan Agency includes roles such as Chief Executive Officer and President, Marsh McLennan Agency AZ, President & Chief Executive Officer, Chief Executive Officer (Thailand), Chief Financial Officer, Chief Operating Officer, National Small Business.