1 July 2015News

Casserley to take deputy CEO role at Willis Towers Watson

Dominic Casserley, the current chief executive officer (CEO) of Willis, will serve as president and deputy CEO of the combined company of Willis Towers Watson.

Casserley will also serve as head of investment, risk and reinsurance, while John Haley, the current chairman and CEO of Towers Watson, will serve as CEO of the merged company.

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

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

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.

Carl Hess of Towers Watson and Todd Jones of Willis will share joint responsibility for North America. Nicolas Aubert of Willis has been appointed as CEO of the combined company in the UK. He currently serves as CEO of Willis UK Insurance.

After closing, the combined company will maintain its domicile in Ireland.