– USA, VA – Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking, and solutions company, today announced the selection of Head of Investment, Risk, and Reinsurance business segment Carl Hess as the new president and next CEO.
He will immediately assume the president role and succeed John Haley, upon his retirement, as CEO on January 1, 2022.
“Following a thorough, multi-year succession planning process, including input from a third-party consultant to assess the experience and attributes of potential internal and external candidates, the Board is confident Carl is the right person to guide the company forward,” said Board Chairman, Victor Ganzi. “Carl is an exceptional leader with a strong track record of delivering results, depth of experience and understanding across Willis Towers Watson’s various businesses and a proven ability to bring together and motivate colleagues across the company to deliver value for clients and shareholders. We look forward to his continued contributions as president and future CEO.”
About Carl Hess
Hess began his career at the company in 1989 and has held diverse leadership positions spanning business segment and geography roles. Before his current role, Hess served as co-leader of North America at Willis Towers Watson and before that, managing director, the Americas, of Towers Watson. He served as the managing director of Towers Watson’s Investment business since January 2010 and also worked in a variety of roles for over 20 years at Watson Wyatt, lastly as global practice director of Watson Wyatt’s Investment business. Hess is a Fellow of the Society of Actuaries and the Conference of Consulting Actuaries, and a Chartered Enterprise Risk Analyst.
“I’m honored by the opportunity to lead this exceptional company of talented, resilient, and dedicated colleagues,” said Carl Hess. “I am excited to fulfill our purpose for the benefit of our clients and all of our stakeholders: to create clarity and confidence today for a more sustainable tomorrow. Thanks to John’s leadership, Willis Towers Watson is well-positioned to compete vigorously across our businesses around the world. I look forward to working together to ensure a smooth transition over the next several months.”
He has a B.A. cum laude in logic and language from Yale University.
About Willis Towers Watson
Willis Towers Watson is a leading global advisory, broking, and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets, and ideas — the dynamic formula that drives business performance. Together, we unlock potential.
For more information: https://www.willistowerswatson.com/
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