Peter J Beshar
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $77.4 M - $270.9 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (08/07/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
New York, New York
Executive Vice President and General Counsel
Present
2
New York, New York
Co-Trustee
Present
3
New York, New York
Co-Trustee
Present
4
New York, New York
Co-Trustee
Present
5
Atlanta, Georgia
Trustee and Chair Audit and Risk Management Committee
Present
6
New York, New York
Trustee and Chair of the Veterans’ Committee
Present
7
Washington, District of Columbia
Trustee
12/2020
8
New Haven, Connecticut
Trustee
Present
9
New York, New York
Trustee
Present
10
New York, New York
Trustee
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Marsh & McLennan Companies
Salary
$1,266,667
2
Marsh & McLennan Companies
Bonus
$3,650,000
3
2017 Restricted Stock Units (including dividend payments)
None (or less than $1,001)
Compensation
$293,183
4
2018 Restricted Stock Units (including dividend payments)
None (or less than $1,001)
Compensation
$530,743
5
2019 Restricted Stock Units (including dividend payments)
None (or less than $1,001)
Compensation
$478,688
6
2017 Performance Units (including dividend payments)
None (or less than $1,001)
Compensation
$1,477,469
7
2018 Performance Units (including dividend payments)
None (or less than $1,001)
Compensation
$909,737
8
2011 Stock Options (including dividend payments)
None (or less than $1,001)
Compensation
$12,682,990
9
2013 Stock Options (including dividend payments)
None (or less than $1,001)
Compensation
$13,806,666
10
2012 Stock Options (including dividend payments)
None (or less than $1,001)
Compensation
$14,965,189

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
New York, New York
I may receive a pro-rata performance-based bonus for services rendered during 2021. Any bonus would be paid prior to my assuming the duties of the position of Air Force, General Counsel or I will forfeit it.
11/2004
2
New York, New York
Pursuant to the company’s executive compensation plan, my unvested restricted stock units will vest pro rata upon separation. At that time, I will receive a stock payout. The remainder of any unvested restricted stock units will be forfeited.
11/2004
3
New York, New York
Pursuant to the company’s executive compensation plan, my performance stock units will vest pro rata to the extent that Marsh McLennan meets certain pre- established performance metrics. Each grant vests on the third anniversary from the grant date and I have three outstanding annual grants which will be reduced based on the amount of time I spent working from the grant date until my separation date. I will forfeit the remainder of any unvested performance stock units.
11/2004
4
New York, New York
Pursuant to the company’s executive compensation plan, and based upon my age and service, my options will continue to vest with respect to any unvested option shares following separation, and I will have the lesser of 5 years from retirement or the original option expiration date to exercise the options. Upon separation, I will retain my vested and unvested options.
11/2004
5
New York, New York
401(k) Plans: I will continue to participate in these defined contribution plans. The plan sponsor will not make further contributions to these plans after my separation.
11/2004
6
New York, New York
Defined Benefit Plan: I will continue to participate in this defined benefit plan.
11/2004

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
New York, New York
I serve as the Executive Vice President and General Counsel of Marsh & McLennan Companies. I lead the Company’s Legal, Compliance, Public Affairs and Risk Management Departments

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Davis Polk & Wardwell LLP. (Defined Benefit Plan)
Over $1,000,000
Retirement payments.
2
Invesco Ltd. (Non-Executive Board Member)
Directors Fees
3
IRA #1
3.1
U.S. bank #1 (cash)
$15,001 - $50,000
None (or less than $201)
4
IRA #2
4.1
U.S. bank #1 (cash)
Over $1,000,000
None (or less than $201)
4.2
SPDR S&P 500 ETF
Over $1,000,000
None (or less than $201)
5
IRA #3
5.1
SPDR S&P500 ETF
$100,001 - $250,000
None (or less than $201)
5.2
U.S. bank #2 (cash)
$1,001 - $15,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
Brokerage Acct #1
1.1
U.S. brokerage money market account (cash)
$5,000,001 - $25,000,000
Interest
$15,001 - $50,000
1.2
Apple Inc.
None (or less than $1,001)
Dividends
$5,001 - $15,000
1.3
AbbVie Inc.
$100,001 - $250,000
Dividends
$5,001 - $15,000
1.4
AmerisourceBergen Corporation
None (or less than $1,001)
Dividends Capital Gains
$100,001 - $1,000,000
1.5
Amgen Inc.
None (or less than $1,001)
Dividends Capital Gains
$100,001 - $1,000,000
1.6
Baxter International Inc.
None (or less than $1,001)
Dividends Capital Gains
$100,001 - $1,000,000
1.7
Blackstone Group Inc.
$500,001 - $1,000,000
Dividends
$15,001 - $50,000
1.8
Crown Castle International
None (or less than $1,001)
Dividends Capital Gains
$100,001 - $1,000,000
1.9
CF Industries Holdings, Inc.
$100,001 - $250,000
Dividends
$5,001 - $15,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Petershill II LP
$100,001 - $250,000
2015
N/A
2
MD VII Access LP
$15,001 - $50,000
2015
N/A
3
Insight Venture Partners X Access LP
$10,001 - $15,000
2017
N/A
4
KKR Principal Opportunities II Access LLC
$100,001 - $250,000
2019
N/A
5
Vintage VII LP
$250,001 - $500,000
2016
N/A
6
Capital Partners VI Parallel/Whitehall Street Global Real Estate 2007 Access LP
$15,001 - $50,000
2007
N/A

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
4
Filer resigned trustee position 9/17/2021
1
11
No assets in this trust
1
12
No assets in this trust

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