Willis North America appoints CEO
Willis Group has appointed Todd Jones as chief executive officer of Willis North America, the company's largest business segment. Jones will report to Willis Group chief executive Dominic Casserley and represent Willis North America on the Willis Group Operating Committee.
Vic Krauze, who joined Willis in 1997, has served as chairman and chief executive of Willis North America since 2010 and will retain his current role as chairman. In this capacity, Krauze will work closely with Jones in his new leadership position to strengthen and grow the business segment, building on the many milestones that Krauze and his team have achieved during his tenure as CEO.
Willis North America is the North American retail brokerage business of Willis Group Holdings. The business, which in 2012 reported revenues of more than $1.3 billion, has more than 100 local offices across the US, Canada and Mexico. The business unit has over 6,000 employees.
"Todd Jones is ideally suited to lead Willis North America at this stage of the business unit's growth, bringing to his position 10 years of increasingly prominent roles at our firm and having worked alongside Vic as their unit established itself firmly as a market leader in North America," said Casserley.
"As Todd moves into his new role, the business will benefit greatly from Vic's continued experience and expertise, a track record that helped guide the business as it doubled its footprint through the 2008 acquisition of HRH and established new momentum in building organic growth in recent quarters."