Willis Towers Watson Public Limited Company (WTW, Financial) has announced a significant leadership transition within its Board of Directors. On February 25, 2025, Paul Thomas, the current Non-Executive Chair of the Board, informed the Board of his intention to retire at the end of his current term. Mr. Thomas will not stand for reelection at the company's 2025 Annual Meeting of Stockholders (AGM). His decision to retire is not due to any disagreement with the company.
The Board has selected Paul Reilly, an independent director since October 2022, to succeed Mr. Thomas as the Non-Executive Chair of the Board. Mr. Reilly's appointment is contingent upon his re-election at the 2025 AGM. The company officially announced Mr. Thomas's retirement and Mr. Reilly's selection as the next Non-Executive Chair on March 3, 2025.
This leadership change marks a new chapter for Willis Towers Watson as it continues to navigate the evolving landscape of the insurance and advisory industry. Investors and stakeholders will be keenly observing how this transition influences the company's strategic direction and governance.
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