Willis Towers Watson Management
Management criteria checks 2/4
Willis Towers Watson's CEO is Carl Hess, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is $12.67M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 0.06% of the company’s shares, worth $19.32M. The average tenure of the management team and the board of directors is 3.5 years and 2.9 years respectively.
Key information
Carl Hess
Chief executive officer
US$12.7m
Total compensation
| CEO salary percentage | 7.9% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.06% |
| Management average tenure | 3.5yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
Willis Towers Watson Public Limited Company's (NASDAQ:WTW) Price In Tune With Earnings
Oct 21
Willis Towers Watson: Shrewd M&A And Margin Expansion At A Fair Valuation
Oct 03Willis Towers Watson Public Limited Company's (NASDAQ:WTW) Share Price Matching Investor Opinion
Jun 19Willis Towers Watson: Shares Near Fair Value After A Mixed Q1 (Downgrade)
May 03Willis Towers Watson (NASDAQ:WTW) Has Announced That It Will Be Increasing Its Dividend To $0.88
Mar 22Willis Towers Watson (NASDAQ:WTW) Is Increasing Its Dividend To $0.88
Mar 08Willis Towers Watson Reports Strong Q4 FY2023 Earnings: Initiating A Buy
Feb 12Willis Towers Watson Public Limited Company's (NASDAQ:WTW) Share Price Matching Investor Opinion
Jan 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$722m |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$13m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$11m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$5m | US$767k | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$976m |
| Dec 31 2020 | US$4m | US$650k | US$738m |
| Sep 30 2020 | n/a | n/a | US$811m |
| Jun 30 2020 | n/a | n/a | US$768m |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$4m | US$644k | US$820m |
Compensation vs Market: Carl's total compensation ($USD12.67M) is about average for companies of similar size in the US market ($USD12.84M).
Compensation vs Earnings: Carl's compensation has increased whilst the company is unprofitable.
CEO
Carl Hess (62 yo)
2.9yrs
Tenure
US$12,668,832
Compensation
Mr. Carl A. Hess, F.S.A. & CERA is a Member of Board of Trustees at American Institute for Chartered Property Casualty Underwriters from June 15, 2022. He has been Chief Executive Officer and Director of W...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.9yrs | US$12.67m | 0.060% $ 19.3m | |
| Chief Financial Officer | 3.3yrs | US$3.79m | 0.0076% $ 2.4m | |
| General Counsel | 8.9yrs | US$2.53m | 0.031% $ 9.9m | |
| Chairman of Risk & Broking | 8.9yrs | US$3.03m | 0.011% $ 3.5m | |
| President of Health | 8.9yrs | US$3.39m | 0.069% $ 22.2m | |
| Chief Operating Officer | 3.3yrs | no data | 0.0055% $ 1.8m | |
| Global Head of Investment | no data | no data | no data | |
| Principal Accounting Officer & Controller | 3.6yrs | no data | 0.00067% $ 214.5k | |
| Global Head of Technology | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Human Resources Officer | 3.3yrs | no data | 0.0061% $ 2.0m | |
| Head of Corporate Risk & Broking and Italy Country Manager | 15.8yrs | no data | no data |
3.5yrs
Average Tenure
56yo
Average Age
Experienced Management: WTW's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.9yrs | US$12.67m | 0.060% $ 19.3m | |
| Independent Director | 2.2yrs | US$325.00k | 0.00089% $ 285.0k | |
| Independent Non-Executive Chair of the Board | 8.9yrs | US$525.00k | 0.012% $ 3.9m | |
| Independent Director | 1.7yrs | US$327.08k | 0.00053% $ 169.7k | |
| Independent Director | 2.9yrs | US$340.52k | 0.0011% $ 352.2k | |
| Independent Director | 1.7yrs | US$327.08k | 0.00053% $ 169.7k | |
| Independent Director | 2.9yrs | US$340.52k | 0.0011% $ 352.2k | |
| Chairman of Willis Re International & Specialty | no data | no data | no data | |
| Global Chairman of Willis Re & Chairman of Willis Re North America | 9.9yrs | no data | no data | |
| Independent Director | 1.7yrs | US$327.08k | 0.00053% $ 169.7k | |
| Independent Director | 2.7yrs | US$332.76k | 0.0016% $ 515.5k | |
| Independent Director | 2.9yrs | US$340.00k | 0.0011% $ 352.2k |
2.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: WTW's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 06:10 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Willis Towers Watson Public Limited Company is covered by 35 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Marcon | Baird |
| Jay Gelb | Barclays |
| Alex Scott | Barclays |