Carl Hess News

Activist Investor Starboard Takes New Stake in Willis, Saying Broker Undervalued

Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance broker could nearly double its share price in the next three years. Jeff Smith, Starboard’s chief executive officer, said Willis …

Willis Towers Watson Promotes Hess to President and Future CEO

Insurance broker Willis Towers Watson announced that its board of directors has unanimously selected Carl Hess as the company’s new president and next chief executive officer. Hess, who currently serves as Willis Towers Watson’s head of Investment, Risk and Reinsurance …

Kent to Become Willis Re’s Global CEO when Cavanagh Retires

Willis Re announced that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his position as global CEO in December 2017. Kent joined Willis Re in 2004 and has served as the global deputy …

Willis Towers Watson Makes Additional Senior Management Changes

Willis Towers Watson has announced additional leadership changes one day after confirming that Dominic Casserley, president and deputy CEO of Willis Towers Watson, will be leaving the firm at the end of the year. Today’s announcement said that Tim Wright, …