Willis Towers Watson president and deputy CEO Dominic Casserley will leave the company on December 31 when his employment agreement ends, the brokerage giant has announced.
Casserley joined the Willis Group in January 2013 as CEO, a position he held until January this year when the company merged with Towers Watson and he took on his current role.
He co-led the integration process of the merged companies and became a member of the Willis Towers Watson board.
“I have been honoured to lead Willis for three years, and to help build Willis Towers Watson this year,” he said.
As Willis CEO, Casserley is credited for advancing the company’s strategies, introducing industry specialisation and strengthening its broking capabilities and core processes from 2013 to 2015.
Under his leadership, Willis also expanded into health care advisory and brokerage, executed a major partnership with Miller in London, and acquired leading French broker Gras Savoye.
The company’s total return to its shareholders also hit 58% during Casserley’s term as CEO.
“I have been delighted to work with (CEO) John Haley and the expanded Willis Towers Watson team to build a unique global advisory, broking and solutions franchise across property and casualty, retirement, health care, insurance, investment and talent and rewards markets,” Casserley said.
“I have great confidence that the leadership team will carry Willis Towers Watson forward to new heights,” he added.
Thanking Casserley for his contributions,Willis Towers Watson chairman Jim McCann said the departing executive “led the evolution of Willis into a global, analytical professional services organization, and the bold expansion of the Willis franchise around the world.”
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