Willis Initiates Search for New Chief Financial Officer to Succeed Patrick C. Regan in
Early 2010
Regan Will Remain Through Year-End Reporting and Assist with Transition
NEW YORK, October 23, 2009 - Willis Group Holdings (NYSE: WSH), the global insurance broker, today
said that it has initiated a search for a new chief financial officer to replace
CFO and Group Chief Operating Officer Patrick C. Regan in early 2010. Mr. Regan will
remain at Willis through the year-end reporting and regulatory filing process for 2009, as well
as to assist with the search for a successor and ensure a seamless transition, before
joining Aviva plc (LON: AV), the world’s fifth largest insurance group, as CFO.
Willis has retained Spencer Stuart, one of the world’s leading executive search consulting firms, to
assist with the recruitment process.
Joseph J. Plumeri, the Chairman and CEO of Willis, said: “In the past four years, Pat
has contributed greatly to our efforts to grow Willis’ business and strengthen our financial and
operating performance. We appreciate Pat’s many contributions to our company, as well as his commitment
to remain fully engaged at Willis through our 2009 year-end reporting and regulatory filing process.
We congratulate Pat and wish him well on the exciting opportunity he is taking with
Aviva. Meanwhile, we are moving quickly to identify the best possible candidate to succeed Pat
and help take Willis to the next level.”
Mr. Regan said: “It has been a privilege to be a part of Willis’ outstanding management
team, which has helped cement Willis’ position as the most client-focused global brokerage in the
industry. As I embark on the next stage of my career, I am confident that
under Joe Plumeri’s leadership and with the breadth and depth of the senior executive team
behind him, Willis will continue to thrive and grow.”
Mr. Regan joined Willis as an Executive Officer in January 2006. He has been CFO since
March 2006 and Group COO since 2008.
Willis Group Holdings Limited is a leading global insurance broker, developing and delivering professional insurance, reinsurance,
risk management, financial and human resource consulting and actuarial services to corporations, public entities and
institutions around the world. Willis has more than 400 offices in nearly 120 countries, with
a global team of approximately 20,000 Associates serving clients in some 190 countries. Additional
information on Willis may be found at www.willis.com.
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