Willis Group Holdings Extends Contract of Chairman and CEO
NEW YORK, January 21, 2010 - Willis Group Holdings plc (NYSE: WSH), the global insurance broker, announced
today that it has extended the contract of its Chairman and CEO, Joseph J. Plumeri, until
July 7, 2013. His previous agreement was set to expire on the date of the
company’s annual meeting in April 2011.
The company’s Board of Directors said: “Under Joe’s leadership, Willis has advanced its competitive position around the
world and successfully navigated the strong headwinds of the continuing soft insurance market and the global
economic downturn. Since joining in 2000, Joe has led the company through a decade of
expansion through quality client service, a commitment to transparency, strategic acquisitions and sector-leading margins. We
are delighted that Joe has agreed to stay at the helm to continue the company’s progress
well into 2013.”
Plumeri said: “The extraordinary story of how far Willis has come over ten years is a credit
to the tireless efforts of our executive team and our nearly 20,000 Associates, the sound counsel
of our Board of Directors and the continued support of our clients and shareholders. I
am as proud of and as passionate about Willis as I’ve ever been and look forward
to leading the company through its next stage of growth.”
Willis Group Holdings plc is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk
management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around
the world. Willis has more than 400 offices in nearly 120 countries, with a global
team of approximately 20,000 Associates serving clients in some 190 countries. Additional information on Willis
may be found at www.willis.com.
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