Willis Towers Watson appoints Andrew Krasner as new CFO, Burwell to depart

WILLIS TOWERS WATSON PLC

Andrew Krasner appointed CFO effective Sept 7, 2021; succeeds Michael Burwell who resigns effective Sept 30.
Burwell receives $1M completion bonus, vesting of 2,443 deferred shares; forfeits 2019-2021 LTI awards.
Krasner's compensation: $800K base salary, 125% target short-term incentive, 200% long-term incentive from 2022.
Krasner receives $50K/month cash sign-on (prorated for 2021) and $3M time-based RSUs vesting over 3 years.
Krasner returns from AssuredPartners where he served as CFO; previously held senior roles at Willis Towers Watson.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Michael J. Burwell

Chief Financial Officer

WTW · WILLIS TOWERS WATSON PLC

Effective: 2021-09-30
Successor: Andrew Krasner
Filed: August 30, 2021, 7:59 PM ET

Mr. Burwell resigned from the Company on August 26, 2021, effective as of September 30, 2021, although he will step down as Chief Financial Officer upon Mr. Krasner’s commencement of employment.

Appointed

Andrew Krasner

Chief Financial Officer

WTW · WILLIS TOWERS WATSON PLC

Effective: 2021-09-07
Successor: Michael J. Burwell
Filed: August 30, 2021, 7:59 PM ET

On August 30, 2021, Willis Towers Watson plc (the “Company”) announced that Andrew Krasner, 45, will succeed Michael J. Burwell as Chief Financial Officer, effective as of September 7, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael J. Burwell resigned as Chief Financial Officer at WILLIS TOWERS WATSON PLC.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Mr. Burwell resigned from the Company on August 26, 2021, effective as of September 30, 2021, although he will step down as Chief Financial Officer upon Mr. Krasner’s commencement of employment.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Andrew Krasner was appointed as Chief Financial Officer at WILLIS TOWERS WATSON PLC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On August 30, 2021, Willis Towers Watson plc (the “Company”) announced that Andrew Krasner, 45, will succeed Michael J. Burwell as Chief Financial Officer, effective as of September 7, 2021.

View on SEC.gov

WILLIS TOWERS WATSON PLC filing history →

Source: SEC EDGAR

accession 0001193125-21-260823

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