Willis Towers Watson Public Limited Company Announces Executive Changes
December 30, 2021 at 04:28 pm EST
Share
Willis Towers Watson Public Limited Company announced that on December 28, 2021, each of Anna Catalano, Wendy Lane and Wilhelm Zeller provided notice to the Company that they had definitively concluded that they will not be standing for re-election to the Board of Directors at the 2022 Annual General Meeting of Shareholders. As previously announced in November, Victor Ganzi had given notice that he will not be standing for re-election to the Board at the 2022 AGM. There is no disagreement between the Company and any of these directors on any matter relating to the Company’s operations, policies or practices. Each director has decided not to stand for re-election in light of other commitments and in furtherance of the previously announced Board refreshment plan, pursuant to which three new directors will join the Board on January 1, 2022 and a fourth new director will join the Board on April 1, 2022. The Board has also appointed Paul Thomas to serve as the next Non-Executive Chair of the Board, succeeding Victor Ganzi at the conclusion of his term at the 2022 AGM. Mr. Thomas’ term will commence at the conclusion of the 2022 AGM and will continue until the conclusion of the 2023 AGM.
Willis Towers Watson Public Limited Company is a world leader in consulting, insurance brokerage and risk management software development. Revenues break down by activity as follows:
- human capital and social benefits consulting services (35.6%): consulting services in the organization, skills assessment, management and optimization of social benefits, compensation of executives and employees, etc. ;
- development of enterprise risk management solutions and services (31.9%): risk analysis, assessment consulting, effective risk management and anticipation services, design and development of software solutions for risk management. The group is also developing an insurance brokerage activity;
- risk/return balance management consulting services (17.7%): for investors, insurers and reinsurers. Additionally, the group offers insurance and reinsurance consulting services, financial management services, financing and investment strategies, as well as actuarial studies and expertise in mergers and acquisitions, etc., while developing software solutions for modeling and analysis of risks and financial activities;
- management and operation of a platform for the exchange and outsourcing of group health insurance plans and medical benefits (14.7%): allowing employees and retirees to choose the health coverage that meets their needs;
- other (0.1%).
Revenue is distributed geographically as follows: Ireland (1.7%), the United States (49.7%), the United Kingdom (20.5%) and other (28.1%).
WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY 
