Insurance brokerage giant, Willis Towers Watson, said it has extended the contract of its Chief Executive Officer (CEO), John Haley, until January 1, 2021.
The company said in a statement that, “We are pleased to retain John Haley’s leadership as CEO of Willis Towers Watson,” said James McCann, chairman of the Board, Willis Towers Watson. “Over the last several years, the company has made tremendous progress and delivered on many of the expectations of the merger. The Board is pleased with our momentum and sees a vibrant future ahead.”
John Haley has been with the company since 1977 and was named CEO in 1998. Under his leadership, the company went public in 2000, and completed three historic mergers, in 2005, 2010 and 2016 that formed present-day Willis Towers Watson.
John Haley added, “It’s been a privilege to lead Willis Towers Watson. I’m incredibly proud of the commitment and energy demonstrated by the company’s more than 40,000 colleagues worldwide. I am grateful for the opportunity to continue to serve our clients and I am excited about our long-term prospects.
He added that “I also look forward to working with the Board on planning for my succession after my extended term ends so that Willis Towers Watson can continue to build on its success for years to come.”
