INDIANAPOLIS — When SN last visited with Marsh in February of 2008, Frank Lazaran was coming off a massive financial restructuring that some observers compared to a bankruptcy reorganization. Lazaran, as Marsh's chief executive officer shortly after Sun Capital Partners acquired the company in 2006, worked to stabilize a business beset by plummeting sales and allegations of misspent fortunes among the previous majority owners — descendants of founder Ermal Marsh. The financial turnaround ...
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