Willis exec Thadd Wallace joins Marsh's global risk management practice

Marsh L.L.C. on Tuesday said it has hired former Willis North American Inc. executive Thadd Wallace as a managing director in its global risk management practice.

In his newly created position, Mr. Wallace will work with Don Bailey, head of industry and sales for Marsh’s U.S. and Canada division, to lead teams which serve Marsh’s largest clients in the Southeast, the broker said in a statement.

Previously, Mr. Wallace was Southeast leader at Willis Risk Solutions at Willis North America, according to the statement.

Mr. Wallace is based in Atlanta.