Miller to Join Marsh & McLennan Brokerage

Heidi Miller, who left Citigroup Inc. less than a year ago for Internet-based travel agency Priceline.com, will join Marsh & McLennan Cos. as vice chairman of its insurance brokerage division. The move marks the end of a foray into online commerce by one of Wall Street’s most powerful female executives. Miller joined Priceline in March as chief financial officer, days after its shares rose to a peak of $95.94, and left in November, after they had lost 93%. Miller will be the No. 2 person in the newly created position at Marsh’s insurance brokerage unit, which is the world’s largest and the company’s oldest division. Miller, 47, said she admires Marsh’s “excellent record” in “an industry that I know and enjoy,” according to a Marsh news release. Before joining Priceline, Miller was chief financial officer of Travelers Group Inc., an insurance and securities firm that merged with Citicorp in 1998 to form Citigroup.