Marsh LLC has hired Mark Falloon, formerly head of Bechtel Corporation’s risk management division, as head of engineering and construction accounting for its U.S. construction business.
While in Washington, he will lead Marsh’s engineering and construction strategy and report to Mike Smithers, leader of Marsh’s New York subway construction practice.
Mr. Faloon was previously the lead vice president-manager of risk management at Bechtel, where he managed large-scale construction risks globally. He joined Bechtel in 2007. Prior to that, he was the director of risk management and insurance at Celanese Corp.
