30 June 2015 Insurance

Willis Towers Watson unveils management positions

The combined company of Willis and Towers Watson has revealed a number of senior management positions.

John Haley, the current chairman and chief executive officer (CEO) of Towers Watson, will serve as CEO of the merged company, while Dominic Casserley, the current CEO of Willis, will serve as president and deputy CEO.

Casserley will also serve as head of investment, risk and reinsurance.

The new company’s board will consist of 12 directors in total, with six nominated by Willis and six nominated by Towers Watson, including Towers Watson’s and Willis’ current CEOs.

Additionally, Roger Millay, currently the chief financial officer at Towers Watson, will take up the same position at the merged firm.

The companies outlined the structure, which will see the business divided by both business line and region, in their investor webcast on the transaction.

Tim Wright, currently the CEO of Willis International, will serve as head of corporate risk and brooking, while Jim Foreman, who serves as head of exchange solutions at Towers Watson, will lead the exchange solutions business line.

Nicolas Aubert of Willis has been appointed as CEO of the combined companies in the UK. He currently serves as CEO of Willis UK Insurance.

Carl Hess of Towers Watson and Todd Jones of Willis will share joint responsibility for North America.

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