Sandra S. Wijnberg, senior vice president and chief financial officer of Marsh & McLennan Companies Inc., plans to resign in March 2006, the company announced late yesterday.
In a statement, Ms. Wijnberg said that since MMC is on the road to recovery after its recent challenges, it is time “to explore the next stage of my professional career.”
She continued, “The past five-and-a-half years at MMC have been among the most challenging and rewarding of my career. MMC is a great company with businesses that have, and will continue to build, strong market positions.”
Ms. Wijnberg, 49, joined New York-based MMC in January 2000 in her current position. From 1997 through 1999, she was senior vice president and treasurer of Yum! Brands Inc. (formerly Tricon Global Restaurants Inc.). Prior to joining Yum! Brands, she spent three years with PepsiCo Inc., last serving as senior vice president and chief financial officer of its KFC Corporation division. Before joining PepsiCo, Ms. Wijnberg spent 12 years in investment banking.