secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS TOWERS WATSON PLC (WTW)
CIK:        0001140536
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001193125-21-353911
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140536/000119312521353911/0001193125-21-353911-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140536/000119312521353911/d271865d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-353911

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer