GLOBAL - Michele Burns, the new chief executive at Mercer Human Resource Consulting, earned $2.3m (€1.7m) in 2006.

Parent company March & McLennan Companies said in a filing at the Securities and Exchange Commission that she had a base salary of $625,000 and a bonus of $750,000. Stock and option awards and other compensation rounded out the total.

Burns took over as chairman and CEO at the pensions consulting and human resources division of MMC from Michael Caulfield in September last year. She was formerly MMC's CFO.

MMC president and CEO Michael Cherkasky earned a total of $8m in the year - down from $10.7m in 2005.

Charles Haldeman, CEO of MMC's Putnam Investments asset management arm, was paid $15.6m in total last year, up from 2005's $14.5m.

Brian Storms, the former Mercer CEO who is now chairman and CEO at MMC's main Marsh subsidiary, saw his pay fall to $6.1m from $7.1m.

Meanwhile, Mercer Investment Consulting has made an appointment at its European manager research team.

It said it has hired Alex Thompson from Aon Consulting.

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