Willis Towers Watson has announced the appointment of Carl Hess as the company’s new president and next chief executive officer (CEO).
Hess will succeed John Haley, upon his retirement, as CEO on 1 January 2022.
Hess, who currently serves as the firm’s head of investment, risk and reinsurance business segment, began his career at the company in 1989.
Prior to his current role, Hess served as co-leader of North America at Willis Towers Watson and before that, managing director, the Americas, of Towers Watson.
Victor Ganzi, chairman at Willis Towers Watson, said: “Following a thorough, multi-year succession planning process, including input from a third-party consultant to assess the experience and attributes of potential internal and external candidates, the board is confident Carl is the right person to guide the company forward.
“Carl is an exceptional leader with a strong track record of delivering results, depth of experience and understanding across Willis Towers Watson’s various businesses and a proven ability to bring together and motivate colleagues across the company to deliver value for clients and shareholders.”