Global broker Willis Towers Watson has announced several major changes to its leadership team as one business head is set to leave the company.
The industry player said that Tim Wright, Head of Corporate Risk and Broking, will step down and will be replaced by Todd Jones, co-head of the North American business.
Carl Hess, Jones’s co-head of the North American unit, will now serve as head of investment, risk and reinsurance. Meanwhile, Joe Gunn has been appointed as head of North America while head of strategy Anne Pullum will take on additional responsibilities as the company’s chief administrative officer.
The leadership shakeup comes ten months after the company was formed with the merger of Willis and Towers Watson. Chief executive John Haley said integration plans are “on track” and the firm continues to improve its ongoing business operations.
“These appointments and changes reflect what our clients and the market expect of us, as well as what it will take to drive our business forward and deliver strong performance longer term,” Haley said.
The latest appointments, particularly the one from the core broking business, also strengthen the company’s operating committee, Haley added.
“This leadership team best positions Willis Towers Watson for the future,” he said. “Their diverse leadership experience, strong business expertise, strategic focus and collaborative nature provide a good balance to further drive profitable growth.”
Related stories:
Willis Towers Watson president, deputy CEO to leave firm
Willis Towers Watson appoints UK leader
