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WTW appoints Paul Reilly as Non-Executive Chair of the Board 

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WTW (NASDAQ: WTW) has announced that Paul Reilly will succeed Paul Thomas as Non-Executive Chair of the Board following the company's 2025 Annual General Meeting in May. Thomas, who has served as Non-Executive Chair since 2022, will retire and not seek re-election.

Reilly, who joined the WTW Board in October 2022, currently serves on the Corporate Governance and Nominating Committee and the Human Capital and Compensation Committee. He is the Executive Chair of Raymond James Financial, where he served as CEO from 2010 to 2025, and previously held positions as Executive Chairman of Korn/Ferry International and CEO at KPMG International.

CEO Carl Hess praised Thomas's leadership through significant transformations and expressed confidence in Reilly's ability to strengthen the Board and company, citing his extensive experience in global financial and professional services.

WTW (NASDAQ: WTW) ha annunciato che Paul Reilly succederà a Paul Thomas come Presidente Non Esecutivo del Consiglio dopo l'Assemblea Generale Annuale dell'azienda nel maggio 2025. Thomas, che ha ricoperto il ruolo di Presidente Non Esecutivo dal 2022, andrà in pensione e non si ricandiderà.

Reilly, che è entrato a far parte del Consiglio di WTW nell'ottobre 2022, attualmente è membro del Comitato di Governance Aziendale e Nominazioni e del Comitato per il Capitale Umano e Compensazioni. È il Presidente Esecutivo di Raymond James Financial, dove ha ricoperto il ruolo di CEO dal 2010 al 2025, e ha precedentemente ricoperto posizioni come Presidente Esecutivo di Korn/Ferry International e CEO di KPMG International.

Il CEO Carl Hess ha elogiato la leadership di Thomas durante significative trasformazioni e ha espresso fiducia nella capacità di Reilly di rafforzare il Consiglio e l'azienda, citando la sua vasta esperienza nei servizi finanziari e professionali globali.

WTW (NASDAQ: WTW) ha anunciado que Paul Reilly sucederá a Paul Thomas como Presidente No Ejecutivo del Consejo tras la Junta General Anual de la empresa en mayo de 2025. Thomas, quien ha sido Presidente No Ejecutivo desde 2022, se retirará y no buscará la reelección.

Reilly, quien se unió al Consejo de WTW en octubre de 2022, actualmente forma parte del Comité de Gobernanza Corporativa y Nominaciones y del Comité de Capital Humano y Compensaciones. Es el Presidente Ejecutivo de Raymond James Financial, donde fue CEO desde 2010 hasta 2025, y anteriormente ocupó posiciones como Presidente Ejecutivo de Korn/Ferry International y CEO de KPMG International.

El CEO Carl Hess elogió el liderazgo de Thomas durante transformaciones significativas y expresó confianza en la capacidad de Reilly para fortalecer el Consejo y la empresa, citando su amplia experiencia en servicios financieros y profesionales globales.

WTW (NASDAQ: WTW)는 Paul Reilly가 2025년 5월 회사의 연례 총회 이후 비상임 의장으로 Paul Thomas를 대신할 것이라고 발표했습니다. 2022년부터 비상임 의장으로 재직해온 Thomas는 은퇴하며 재선에 나서지 않을 것입니다.

Reilly는 2022년 10월 WTW 이사회에 합류했으며, 현재 기업 거버넌스 및 추천 위원회와 인적 자본 및 보상 위원회에서 활동하고 있습니다. 그는 Raymond James Financial의 집행 의장으로 재직 중이며, 2010년부터 2025년까지 CEO로 활동했으며, 이전에는 Korn/Ferry International의 집행 의장과 KPMG International의 CEO를 역임했습니다.

CEO Carl Hess는 Thomas의 중대한 변화를 이끌어온 리더십을 칭찬하며 Reilly가 이사회와 회사를 강화할 수 있을 것이라는 확신을 표명했습니다. 그는 Reilly의 글로벌 금융 및 전문 서비스 분야에서의 폭넓은 경험을 언급했습니다.

WTW (NASDAQ: WTW) a annoncé que Paul Reilly succédera à Paul Thomas en tant que Président Non Exécutif du Conseil après l'Assemblée Générale Annuelle de la société en mai 2025. Thomas, qui a été Président Non Exécutif depuis 2022, prendra sa retraite et ne se représentera pas.

Reilly, qui a rejoint le Conseil de WTW en octobre 2022, siège actuellement au Comité de Gouvernance d'Entreprise et de Nominations ainsi qu'au Comité des Ressources Humaines et de Rémunération. Il est le Président Exécutif de Raymond James Financial, où il a été PDG de 2010 à 2025, et a précédemment occupé des postes de Président Exécutif chez Korn/Ferry International et de PDG chez KPMG International.

Le PDG Carl Hess a salué le leadership de Thomas à travers des transformations significatives et a exprimé sa confiance dans la capacité de Reilly à renforcer le Conseil et l'entreprise, citant sa vaste expérience dans les services financiers et professionnels mondiaux.

WTW (NASDAQ: WTW) hat angekündigt, dass Paul Reilly nach der Jahreshauptversammlung des Unternehmens im Mai 2025 Paul Thomas als Nicht-Exekutivvorsitzenden des Vorstands nachfolgen wird. Thomas, der seit 2022 als Nicht-Exekutivvorsitzender tätig ist, wird in den Ruhestand gehen und sich nicht zur Wiederwahl stellen.

Reilly, der im Oktober 2022 in den WTW-Vorstand eintrat, ist derzeit Mitglied des Ausschusses für Unternehmensführung und Nominierungen sowie des Ausschusses für Humankapital und Vergütung. Er ist der Exekutivvorsitzende von Raymond James Financial, wo er von 2010 bis 2025 als CEO tätig war, und hatte zuvor Positionen als Exekutivvorsitzender von Korn/Ferry International und CEO von KPMG International inne.

CEO Carl Hess lobte Thomas' Führung während bedeutender Transformationen und äußerte Vertrauen in Reillys Fähigkeit, den Vorstand und das Unternehmen zu stärken, und verwies auf seine umfangreiche Erfahrung im globalen Finanz- und Dienstleistungssektor.

Positive
  • Appointment of experienced financial services executive with CEO background
  • Smooth leadership transition planned with advance notice
  • New Chair brings extensive global financial and professional services expertise
Negative
  • None.

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced that its Board of Directors has appointed Paul Reilly to succeed Paul Thomas as Non-Executive Chair of the Board following WTW’s 2025 Annual General Meeting (AGM) to be held in May 2025.

Thomas has notified the Board that he intends to retire from the Board and will not stand for re-election at the 2025 AGM. Thomas has served as the Non-Executive Chair of the WTW Board since the conclusion of the 2022 AGM. Prior to the merger between Towers Watson and Willis Group Holdings in 2016, he served on the Towers Watson board of directors, where he was a member of the Audit Committee and the Risk Committee. 

“Paul Thomas has been an invaluable leader and mentor during his tenure as Non-Executive Chair,” said Carl Hess, WTW’s chief executive officer (CEO). “His deep expertise and unwavering commitment have been instrumental in guiding WTW through significant transformations, milestones and challenges. We are profoundly grateful for his many contributions and the lasting impact he has had on our company.” 

Reilly has served on the WTW Board since October 1, 2022, and is a member of the Corporate Governance and Nominating Committee and the Human Capital and Compensation Committee. He is currently the Executive Chair of Raymond James Financial, a multi-national independent investment bank and financial services company, having served as CEO from 2010 until recently in 2025. Reilly was also previously Executive Chairman of Korn/Ferry International and CEO at KPMG International. 

“We are thrilled to welcome Paul Reilly to this critical role,” said Hess. “His extensive experience in global financial and professional services and his proven leadership will be immensely beneficial as we deliver on our strategy to accelerate performance, enhance efficiency and optimize our portfolio. We are excited to work with him in this future capacity and are confident that his vision and expertise will further strengthen our Board and our company.”

“I am deeply honored to be named the future Non-Executive Chair of the WTW Board,” said Reilly. “WTW is a company with a rich history and a bright future, and I am eager to further contribute to its continued success. I look forward to working with Carl, the Board and the entire WTW team to build on the strong foundation laid by Paul Thomas and to drive the company towards new heights of performance, excellence and innovation.”

About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

Learn more at wtwco.com. 

Media contact
Miles Russell
miles.russell@wtwco.com

Investor Relations contact
Claudia De La Hoz
claudia.delahoz@wtwco.com

Forward-Looking Statements 
This document contains ‘forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created by those laws. You can identify these statements and other forward-looking statements by words such as ‘may’, ‘will’, ‘would’, ‘commit’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘intend’, ‘plan’, ‘future’, or similar words, expressions or the negative of such terms or other comparable terminology. These forward-looking statements include, but are not limited to, future leadership of our board of directors, strategic plans and the future of our business, and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. All forward-looking disclosure is speculative by its nature. 

There are important risks, uncertainties, events and factors that could cause our actual results or performance to differ materially from those in the forward-looking statements contained in this document, including, but not limited to those described under “Risk Factors” in the Company’s most recent 10-K filing and subsequent filings filed with the SEC. The foregoing list of factors is not exhaustive and new factors may emerge from time to time that could also affect actual performance and results. Although we believe that the assumptions underlying our forward-looking statements are reasonable, any of these assumptions, and therefore also the forward-looking statements based on these assumptions, could themselves prove to be inaccurate. Given the significant uncertainties inherent in the forward-looking statements included in this document, our inclusion of this information is not a representation or guarantee by us that our objectives and plans will be achieved. Our forward-looking statements speak only as of the date made, and we will not update these forward-looking statements unless the securities laws require us to do so. With regard to these risks, uncertainties and assumptions, the forward-looking events discussed in this document may not occur, and we caution you against unduly relying on these forward-looking statements. 


FAQ

When will Paul Reilly become WTW's new Non-Executive Chair?

Paul Reilly will assume the role following WTW's 2025 Annual General Meeting in May 2025.

What committees does Paul Reilly currently serve on at WTW?

He serves on the Corporate Governance and Nominating Committee and the Human Capital and Compensation Committee.

What is Paul Reilly's background before joining WTW's board?

Reilly was CEO of Raymond James Financial (2010-2025), Executive Chairman of Korn/Ferry International, and CEO of KPMG International.

How long did Paul Thomas serve as WTW's Non-Executive Chair?

Paul Thomas served as Non-Executive Chair from 2022 AGM until his announced retirement in 2025.
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