Carl Hess has been the CEO of Willis Towers Watson since January 2022. He has an education background in finance with a Bachelor's degree from the University of Illinois and an MBA from the University of Chicago, making him well-prepared...

Current Market Cap

$32.23B

Number of Employees

48K

Total Compensation

2022 - 2023

Trending up by 95.65% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 0.00% last year

Salary

Down by -5.50% last year

Bonus

Up by 0.00% last year

Other

Down by -17.32% last year

Year

2023

Total Compensation

$3.28M

Salary

$1.00M

Board Justification

The compensation philosophy for the NEOs balances several important considerations, including maintaining a strong alignment between NEO and high performing broad-based colleague payouts, market practice, retention, and rewarding performance as the Company executes on its strategic vision.

Bonus

$0.00

Board Justification

No bonuses were paid to any of the NEOs during 2023.

Other

$512.64K

Board Justification

Includes Company contributions to retirement plans and other personal benefits.

Restricted Stock

$1.77M(7.7K RSUs)

Board Justification

7,698 shares of RSUs vested in 2023, with a value of $1,770,816.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included Adjusted Net Revenue, Adjusted Operating Margin, and Free Cash Flow.

SEC Filing

From April 4, 2024

Carl Hess

CEO of Willis Towers Watson

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Education

Bachelor's degree in Finance from the University of Illinois; MBA from the University of Chicago

Field of Expertise

Finance & Banking - Finance

Born

May 1, 1970 - 54 years ago

Is Founder?

No

Current Tenure

2 years 10 months (Jan 2022 - Present)

Previous Experience

Chief Operating Officer, Willis Towers Watson; various leadership positions at Aon

View Holdings

Insider Holdings of Carl Hess

WTW

$24.20M

$7.26M (42.85%)

Last Insider Trade

WTW

60.229 shares

WTW

Jul 15, 2024

Received