Marsh & McLennan's chief of Global Consumer and Commercial Business John Chippindale is the eighth casualty in the ongoing executive exodus from the investment services giant, in Chippindale's case, to insurance broker Integro, the New York Post reports.

Chippindale will join Integro as managing director and president of Canadian unit. The full-service insurance company was co-founded this year by Marsh & McLennan's former president Roger Egan and co-president and CEO of North American Operations Peter Garvey. Egan quit Marsh & McLennan's after the company agreed to $850 million settlement charges with Attorney General Eliot Spitzer for alleged bid-rigging.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

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