John Haley is the former CEO of Willis Towers Watson, a major advisory and broking firm. He holds a Bachelor's degree from the University of Michigan and an MBA from the University of Chicago. Under his leadership from 2015 to...

Number of Employees

48K

Year

2021

Total Compensation

$6.58M

Salary

$1.20M

Board Justification

The compensation philosophy emphasizes performance-based pay to align executive interests with shareholder value, focusing on both short-term and long-term incentives.

Bonus

$3.50M

Board Justification

The bonus reflects 95% of his estimated 2021 STI award, including forecasted 2021 enterprise financial results and individual achievement, paid on his departure date.

Other

$1.73M

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$144.02K(144.02K PSUs)

Board Justification

The stock awarded in 2021 was granted as PSUs with a target value of $9.6 million, which vested monthly as to 1/12 of the target number of PSUs for each full and partial calendar month he remained employed during 2021.

Performance Metrics

The performance metrics for the CEO's compensation included enterprise financial performance and individual performance assessments.

SEC Filing

From April 28, 2022

John Haley

Ex-CEO of Willis Towers Watson

JH

Education

Bachelor's degree from the University of Michigan; MBA from the University of Chicago

Field of Expertise

Business & Management

Born

January 1, 1960 - 65 years ago

Is Founder?

No

Tenure

6 years 11 months (Jan 2015 - Dec 2021)

Previous Experience

CEO of Willis Towers Watson; various leadership roles at Towers Watson