Marsh hires Falloon as construction leader

Marsh LLC has hired Mark Falloon, former head of Bechtel Corp.’s risk management division, as engineering and construction accounts leader in its U.S. construction business.

Based in Washington, he will lead Marsh’s engineering and construction strategy and reports to Mike Smithers, Marsh’s New York Metro construction practice leader.

Mr. Falloon previously was principal 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 director of risk management and insurance at Celanese Corp.