Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Willis Towers Watson extends CEO’s contract to 2021

Reprints
Willis Towers Watson extends CEO’s contract to 2021

Willis Towers Watson P.L.C. CEO John Haley’s contract has been extended until Jan. 1, 2021, when he will retire, said the company, in a U.S. Securities and Exchange Commission filing Wednesday.

Mr. Haley, whose employment agreement had continued until Dec. 31, 2018, will continue to receive a base salary of $1.2 million. He will also receive $9.2 million in 2019 and $9.6 million in 2020 in “performance-based restricted share units,” according to the filing.

Mr. Haley will also receive $1 million in deferred compensation contributions in January 2019 and in January 2010, plus an additional $250,000 contribution upon his retirement in January 2021, according to the filing.

Mr. Haley, who has been with the company since 1977, was named CEO in 1998, according to the company. 

 

 

 

 

 

 

 

 

 

 

 

Read Next

  • Willis Towers Watson appoints broking COO

    Willis Towers Watson P.L.C. said Monday that Alexis Faber has been appointed to the newly created position of chief operating officer within its corporate risk and broking segment.