other
confidence high
sentiment neutral
materiality 0.25
WTW adjusts 2022 incentive targets post-Russian divestiture
WILLIS TOWERS WATSON PLC
- Committee modified three-year performance targets for 2022 PSU awards to align with recast 2024 financial targets post-Russian divestiture.
- Payouts on sliding scale; 100% target if recast Adjusted Operating Margin, Net Revenue, and EPS targets are met.
- 2022 STI program targets and actuals adjusted to exclude Russian divestiture on an organic basis.
- Changes align incentives with management's view of financial performance after Russian divestiture, not anticipated when targets were set.