New York Supreme Court Judge James A. Yates has sentenced two former executives of Marsh to 90 days in jail and five years probation after their conviction of felony monopoly charges for accepting contingent commission kickbacks.
The executives, William Gilman, a former executive marketing director and managing director at Marsh, and Edward McNenney, the brokerage's former Global Placement Excess Casualty director and managing director, were sentenced April 17.
Their jail term is to be served over 16 weekends, and they were also sentenced to perform 250 hours of community service. In addition they will be on probation for five years. No fine was imposed.
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