Marsh has chosen a new chief financial offer to replace the long-time executive who currently has held the position and is retiring.

The insurance broker and risk management subsidiary of Marsh & McLennan Companies said that Courtney Leimkuhler will take over the CFO slot for Marsh as of March 1, 2015. She replaces Paul Malvasio, who plans to retire at that point, capping more than 40 years of service.

Leimkuhler has been CFO of Marsh’s U.S. and Canada arm since December 2013. Prior to Marsh, she worked at NYSE Euronext for several years, where she most recently handled corporate strategy and implementation, mergers and acquisitions, investments, joint ventures and divestitures.

She’s also a Goldman Sachs veteran, specific to their equities and principal investing divisions, Marsh said.

Source: Marsh