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...
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 for the financial challenges of his role. In 2023, his total compensation was $12.67 million, which included a salary of $1 million and significant stock options that highlight the company's confidence in his leadership. As CEO, he focuses on achieving strategic goals linked to revenue and profitability metrics, ensuring the company's growth. Hess has also been quite involved in insider trading, showing a fluctuating but substantial position in company shares, reaching values close to $22 million at times. This reflects his strong belief in the company's potential and aligns his interests with shareholders. It's worth noting that the company has no bonuses for its top executives under his leadership during the last couple of years, suggesting a focus on long-term performance over short-term gains. Hess is eligible for a pension benefit that could reflect his extensive service in the organization, totaling over 34 years.