---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-353911"
form_type: "8-K"
ticker: "WTW"
cik: "0001140536"
company_name: "WILLIS TOWERS WATSON PLC"
filed_at: "2021-12-10T23:59:59+00:00"
generated_at: "2026-06-28T01:59:37.518819+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Carl Hess named CEO of Willis Towers Watson effective Jan 1, 2022; compensation set at $7.25M LTI

## Summary
- Carl Hess appointed CEO effective Jan 1, 2022; receives $7.25M 2022 LTI award, $1M base salary, 175% STI target.
- John Haley departing Dec 31, 2021; receives $3,298,590 STI award (95% of estimated) plus accelerated vesting of 2019 LTI.
- Amended 2019 LTI provides settlement in shares based on performance through Dec 31, 2021, with a clawback for overpayment.

## SEC filing metadata
- accession: 0001193125-21-353911
- form_type: 8-K
- ticker: WTW
- cik: 0001140536
- company_name: WILLIS TOWERS WATSON PLC
- filed_at: 2021-12-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140536/000119312521353911/0001193125-21-353911-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140536/000119312521353911/d271865d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-353911
- JSON: https://secwatch.observer/filing/0001193125-21-353911.json
- Plain text: https://secwatch.observer/filing/0001193125-21-353911.txt

## Key facts
- Executive change
  John Haley departed as other_named_officer at WILLIS TOWERS WATSON PLC.
  - Action: departing
  source text: On December 6, 2021, the Committee also approved, with the full Board ratifying, a 2021 STI award for Mr. John Haley who is departing the Company on December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1140536/000119312521353911/0001193125-21-353911-index.htm
- Executive change
  Carl Hess was appointed as Chief Executive Officer at WILLIS TOWERS WATSON PLC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On December 6, 2021, the Compensation Committee (the “Committee”) of Willis Towers Watson Public Limited Company (the “Company”) approved, with the full Board of Directors ratifying, a 2022 Long-Term Incentive (“LTI”) Compensation award target for Mr. Carl Hess of $7.25 million in connection with his appointment to Chief Executive Officer of the Company, effective January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1140536/000119312521353911/0001193125-21-353911-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.