Paul Reilly Takes Over as Non-Executive Chair at WTW
In a significant leadership transition, WTW (NASDAQ: WTW), a prominent global advisory and solutions firm, has announced the appointment of Paul Reilly as the new Non-Executive Chair of the Board. This change comes ahead of the company's upcoming Annual General Meeting, marking an exciting new chapter for WTW.
Transition in Leadership
Reilly will be succeeding Paul Thomas, who has proactively decided to retire and will not seek re-election during the forthcoming AGM scheduled for May. Thomas has held the role of Non-Executive Chair since the end of 2022, playing a pivotal role in steering the company through various challenges and milestones over the years. His tenure included significant contributions to the company, drawing upon his extensive experience from his previous board position at Towers Watson prior to its merger with Willis Group Holdings in 2016.
Words of Appreciation
Carl Hess, the Chief Executive Officer of WTW, expressed profound gratitude for Thomas's leadership, noting, “Paul Thomas has been an invaluable leader and mentor during his tenure as Non-Executive Chair. His expertise and unwavering commitment have guided WTW through both challenges and transformations. We are greatly appreciative of his numerous contributions, which have left a lasting impact on our organization.”
Background of Paul Reilly
Reilly has been a valued member of the WTW Board since October 2022, where he has participated in the Corporate Governance and Nominating Committee, as well as the Human Capital and Compensation Committee. His extensive background includes being the Executive Chair of Raymond James Financial, an independent investment bank and financial services company, where he served as CEO until recently. Reilly has also held prominent positions, including Executive Chairman of Korn/Ferry International and CEO at KPMG International.
Looking Towards the Future
Reilly expressed his excitement about stepping into this pivotal role, stating, “I am deeply honored to be named the future Non-Executive Chair of the WTW Board. WTW has a rich history and a promising future, and I am eager to contribute to its ongoing success. I look forward to collaborating with Carl, the Board, and the entire WTW team to build on the strong foundation laid by Paul Thomas while driving the company towards new heights of performance and innovation.”
About WTW
WTW specializes in data-driven solutions that are informed by deep insights in the domains of people, risk, and capital. With a team that spans across 140 countries, WTW is committed to enhancing the strategies of organizations, boosting resilience, motivating workforces, and amplifying performance. The company's hands-on approach with clients reveals opportunities for sustainable success, shaping perspectives to foster advancement.
Frequently Asked Questions
Who is Paul Reilly?
Paul Reilly is the newly appointed Non-Executive Chair of the Board at WTW, taking over from Paul Thomas.
What was Paul Thomas's role?
Paul Thomas served as the Non-Executive Chair of the WTW Board and has decided to retire from his position.
What companies has Paul Reilly been associated with?
Prior to his appointment at WTW, Paul Reilly was the Executive Chair of Raymond James Financial and has held significant roles at Korn/Ferry International and KPMG International.
When will the next Annual General Meeting be held?
The next Annual General Meeting for WTW is scheduled for May of this year.
What are WTW's core services?
WTW offers solutions focused on people, risk, and capital, utilizing data-driven insights to help organizations excel.
